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    Property profile & analytics

    670 N Arrowhead Ave San Bernardino, CA 92401

    • Office Properties & Spaces
    • 5,211 SF
    • 0.35 lot acres
    For Lease
    View listing
    $1.15 SF/Yr
    Last Sale
    May 30, 2025
    $815,000
    Value Estimations
    $1,015,000
    Cap Rate Potential
    9.6%
    Office Properties & Spaces
    Location Intelligence
    Property ID
    US10-1454259
    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

    • ACA / Association / Organization
    • Senior Wyze Senior Care & Assisted Living San Bernardino CA / Health Consultant / Nursing Home
    • Maria 2 / Wig Shop

    Property Details for 670 N Arrowhead Ave

    Year built
    1954
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.35 lot acres
    Property size
    5,211 SF
    Property type
    Office Properties & Spaces
    APN
    0135-021-14-0000
    APU
    135021140000

    Description

    This exceptional 6,211-square-foot executive office building, located at 670 N Arrowhead Ave in San Bernardino, CA 92401, presents a unique investment opportunity. Built in 1954 and completely renovated in 2024, this two-story building sits on a 0.35-acre lot and boasts a fresh interior and exterior, including new paint, flooring, restrooms, landscaping, and soon-to-be-installed HVAC units. The property features 25 parking spaces within a private fenced lot, providing ample convenience for employees and clients. Its strategic location offers immediate access to federal, state, county, and city centers, maximizing its appeal and potential. The building is zoned Commercial Regional-2 (verification recommended with the City of San Bernardino) and has an APN of 0135-021-14. The layout allows for up to six possible office suites, offering flexibility for various business needs. This turnkey property is ready for immediate occupancy and represents a compelling investment in a thriving urban center. The building's recent comprehensive renovation ensures modern functionality and aesthetic appeal, making it an attractive option for a wide range of businesses. The ample parking and convenient location further enhance its desirability.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $835,000
      ML approach
      $835,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,335,000
      6.5%
      $1,230,000
      7%
      $1,140,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,182,000
      Market price range: $430k - $1.42M

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

    Location Insight

    • Map
    • Local Demand
    City
    San Bernardino
    County
    San Bernardino
    State
    California
    Longitude
    -117.29
    Latitude
    34.1114
    CBSA code
    40140
    CBSA name
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,922
    $164,487
    $392,647
    $557,134
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $140,000
      2,400 SF

      735 D St

      OFFICE (GENERAL) • 2,400 SF
      735 D St, San Bernardino, CA 92401-1111
      View Details
    • Value Estimation by Request
      816 SF

      601 D St

      Office space • 816 SF
      601 D St, San Bernardino, CA 92401
      View Details
    • Value Estimation
      $350,000
      3,100 SF

      363 6th St

      OFFICE (GENERAL) • 3,100 SF
      363 6th St, San Bernardino, CA 92401-1128
      View Details
    • Value Estimation by Request
      29,665 SF

      468 5Th St

      Office Properties & Spaces • 29,665 SF
      468 5Th St, San Bernardino, CA 92401
      View Details
    • Value Estimation
      $320,000
      2,772 SF

      723 D St

      OFFICE (GENERAL) • 2,772 SF
      723 D St, San Bernardino, CA 92401-1111
      View Details
    • Value Estimation
      $400,000
      1,828 SF

      825 D St

      OFFICE (GENERAL) • 1,828 SF
      825 D St, San Bernardino, CA 92401-1017
      View Details

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      Land Available For Sale

      Land available for sale at Highland Ave & I-215.
      SEC Highland Ave & I-215 Fwy, San Bernardino, CA 92401
      View Details
    • Contact for pricing

      San Bernardino Land For Sale

      Land available in San Bernardino, California.
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    • $6,900,000
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      Industrial Building with Fenced Yard

      Industrial building featuring office space and a fenced, paved yard.
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    Similar Nearby for Lease

    • $1.15 SF/Yr
      3,210 SF

      Office Space with Multiple Rooms

      First-floor office space featuring multiple rooms and one restroom.
      670 N Arrowhead Ave, San Bernardino, CA 92401
      View Details
    • $1,495 /Mo

      San Bernardino Retail/Office Space

      Retail or office space available for lease in San Bernardino.
      805 N D St, San Bernardino, CA 92401
      View Details
    • $0.99 SF/Yr
      10,262 SF

      Free Standing Industrial Building

      Divisible industrial building with office space and secured yard.
      160 S D St, San Bernardino, CA 92401
      View Details
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    San Bernardino, CA 92401
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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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