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Property profile & analytics
OFF-MARKET
Medical Office Space

406 Vanderbilt Way San Bernardino, CA 92408

10,147 SF Built 2006
Individually Owned 1-yr Hold
Property ID
US10-1215694
Property summary
AI-generated overview

This exceptional 10,147 square foot Class B medical office building presents a unique investment opportunity in San Bernardino, CA. Located within the Summit at Tri-City office park, this two-story, 2006-built property sits on a 5,358 square foot lot (APN 0281-341-23) and is currently vacant, ready for immediate occupancy. The building offers 25 parking spaces and benefits from its strategic location near five hospitals, making it highly desirable for medical practices. The convenient location provides easy access to a variety of amenities, including popular restaurants like In-N-Out Burger, Olive Garden, and Café Organics, as well as several fitness centers such as Planet Fitness, Esporta Fitness, and 24-Hour Fitness. The property is zoned PFC. San Bernardino's office vacancy rate is at a record low of 5.5% (Q3 2024), with strong demand driven by government and medical tenants. The Inland Empire's growing population (4.7 million residents) and high proportion of retirees create significant demand for healthcare services and related real estate. This presents a compelling opportunity for owner-users or investors seeking a prime medical office space in a thriving market. The asking price is $2,500,000.

Property profile
Verified
Property type Medical Office Space
Year built 2006
Total area 10,147 SF
APN 0281-341-23
UPID US10-1215694
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
  • Suncor Care Nursing Home Retirement Community
  • Dr. Robert Yang, MD Physician
  • Nassar Nicholas E MD Physician
  • Nicolas Nassar MD Physician
  • GREGORY DAHLQUIST Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Ample Joy Aba Consulting Services L · 1 yrs held
Ample Joy Aba Consulting Services L
since 2025
2 recorded transactions
2025
$2.8M
2016
$1.6M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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