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Property profile & analytics
OFF-MARKET
Office Spaces

3972 N Waterman Ave San Bernardino, CA 92404

Built 1965
Property ID
No photo on file
Map unavailable
Property summary
AI-generated overview

This 9,289 square foot office building, located at 3972 N Waterman Ave, San Bernardino, CA 92404, presents a compelling owner-user investment opportunity. The property sits on a 0.73-acre lot and is ideally suited for a variety of uses, including other office properties, residential offices, medical offices, and mixed-use purposes. Currently, the building offers a strong potential for rental income, with a current net operating income of $91,400. This translates to a 6.20% capitalization rate at 90% occupancy, indicating significant value and return on investment. The asking price is $1,475,000, representing a low cost per square foot of $158. The property is particularly attractive to owner-users seeking a blend of operational space and investment potential. Furthermore, the property qualifies for Small Business Administration financing with a 10% down payment, making it accessible to a wider range of buyers. This presents a value-added opportunity with significant upside potential for rental income growth. Serious inquiries are encouraged to explore this exceptional investment prospect.

Property profile
Verified
Property type Office Spaces
Year built 1965
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • wildwood dental Dental Office
  • Bahram Nasrabadi Sohrabi Pediatrician Physician
  • Claudine Ma Physician
  • Blessing Community Health Center Medical Clinic
  • Active America Insurance Inc Insurance Agency
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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