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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    477 Redlands Blvd San Bernardino, CA 92408

    • Commercial real estate
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-0837986
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 477 Redlands Blvd

    Property type
    Commercial real estate
    APN
    0283011210000

    Description

    This exceptional 11,680 square foot (.27-acre) commercial land parcel presents a remarkable opportunity in San Bernardino, CA. Located at 477 E Redlands Blvd, 92408, this flat, rectangular site boasts convenient access to the I-10 freeway, just one block away. Its strategic location offers significant advantages for businesses seeking high visibility and easy commutes. The property is zoned CG-1, allowing for a variety of commercial uses. Its proximity to the Hospitality Lane corridor, a mere two blocks away, provides further appeal, with numerous hotels and national retailers in the immediate vicinity. This infill lot is ideal for owner-occupiers or investors looking to capitalize on a prime location with excellent freeway access and proximity to established commercial activity. The APN is 0283011210000. The asking price for this exceptional property is $175,000. This presents a compelling investment opportunity in a thriving commercial area. Don't miss out on this chance to acquire a highly desirable piece of land with significant potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Bernardino
    County
    San Bernardino
    State
    California
    Longitude
    -117.27475699752
    Latitude
    34.063008368667

    Comparable in this City

    • $850,000
      1.75 Acres

      Prime San Bernardino Commercial Land

      1.745 Acres, Hotel & Car Wash Potential
      0 Sec Of Redlands Blvd And Hunts Ln, San Bernardino, CA 92408
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    • $680,000

      Commercial Land For Sale

      Commercial land available for sale in a prime location.
      S Brookside St, San Bernardino, CA 92408
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    • $749,999
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      San Bernardino Industrial Yard For Sale

      28,502 SF industrial yard for sale in San Bernardino.
      S Amos St, San Bernardino, CA 92408
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    • $285,000
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      San Bernardino Industrial Corner Lot

      8,700 sq ft lot ready for industrial use.
      Santa Fe St, San Bernardino, CA 92408
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      0.89 Acres

      San Bernardino Commercial Land Pads

      Prime San Bernardino location, two developable pads.
      0 Hospitality Ln & Harriman Pl, San Bernardino, CA 92408
      View Details
    • Contact for pricing
      0.86 Acres

      San Bernardino Industrial Land Parcel

      .86-Acre Industrial Lot, Light Industrial Zoning
      430 Foisy St, San Bernardino, CA 92408
      View Details

    Similar Nearby for Sale

    • $850,000
      1.75 Acres

      Prime San Bernardino Commercial Land

      1.745 Acres, Hotel & Car Wash Potential
      0 Sec Of Redlands Blvd And Hunts Ln, San Bernardino, CA 92408
      View Details
    • $680,000

      Commercial Land For Sale

      Commercial land available for sale in a prime location.
      S Brookside St, San Bernardino, CA 92408
      View Details
    • $749,999
      28,502 SF

      San Bernardino Industrial Yard For Sale

      28,502 SF industrial yard for sale in San Bernardino.
      S Amos St, San Bernardino, CA 92408
      View Details
    • $285,000
      8,701.00 Acres

      San Bernardino Industrial Corner Lot

      8,700 sq ft lot ready for industrial use.
      Santa Fe St, San Bernardino, CA 92408
      View Details
    • Contact for pricing
      0.89 Acres

      San Bernardino Commercial Land Pads

      Prime San Bernardino location, two developable pads.
      0 Hospitality Ln & Harriman Pl, San Bernardino, CA 92408
      View Details
    • Contact for pricing
      0.86 Acres

      San Bernardino Industrial Land Parcel

      .86-Acre Industrial Lot, Light Industrial Zoning
      430 Foisy St, San Bernardino, CA 92408
      View Details

    Similar Nearby for Lease

    • $10,000 /Mo
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      Commercial Land Near 215 Freeway

      Commercial ground lease opportunity near the 215 Freeway in San Bernardino.
      560 W Orange Show Rd, San Bernardino, CA 92408
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      38,768 SF

      Prime San Bernardino Land Parcels

      Two developable pads, ideal location.
      0 Hospitality Ln & Harriman Pl, San Bernardino, CA 92408
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    • $1,000 /Mo
      4,500 SF

      Hospitality Lane Commercial Parcel

      Prime commercial land for lease in San Bernardino, CA.
      155 W Hospitality Ln, San Bernardino, CA 92408
      View Details
    • $0.40 SF/Yr
      615,067 SF

      Industrial Outdoor Storage Land

      14.12 acres of land for industrial outdoor storage.
      1691 S Auto Center Dr, San Bernardino, CA 92408
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    • $3,500 /Mo

      San Bernardino Land for Lease

      Land available for lease in a growing San Bernardino area.
      24053 E Central Ave, San Bernardino, CA 92408
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    • $0.21 SF/Yr
      43,560 SF

      San Bernardino Fenced Acre Available

      One acre of fenced and secured land for rent.
      536 E Central Ave, San Bernardino, CA 92408
      View Details
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    477 Redlands Blvd
    San Bernardino, CA 92408
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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