Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    685 East Carnegie Dr San Bernardino, CA 92408
    Back to Search
    Property profile & analytics

    685 East Carnegie Dr, San Bernardino, CA 92408

    View on Map
    • Office Units
    For Lease
    $2 SF/Yr
    View Listing →
    Two-Story Garden Office Building For Lease
    $2 SF/Yr
    11,212 SF

    Two-Story Garden Office Building

    Two-story office building with on-site management and courtesy patrol.

    685 East Carnegie Drive, San Bernardino, CA 92408
    View Listing
    Property ID
    US10-0874316
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Spas For Paws, LLC / Hotel & Motel / Resort
    • Centerline Drivers / Employment Agency
    • Henehan Administrators / Employment Agency / Business Service Center
    • Tri-City Corporate Centre by Harbor Associates / Real Estate Agency
    • Corcoran Consulting / Business Management Consultant / Business To Business Service

    Property Details for 685 East Carnegie Dr

    Property type
    Office Units
    Property subtype
    Medical Office Space

    Description

    This exceptional San Bernardino office property, located at 685 East Carnegie Drive, 92408, offers a variety of flexible workspace solutions. The single, two-story building provides a total of 25,160 square feet of vacant space, divisible into units ranging from a minimum of 1,322 square feet to a maximum contiguous space of 7,801 square feet. The property is ideally suited for a range of office uses, including traditional office, executive office, coworking, medical office, and creative office spaces. Its multi-tenant configuration allows for diverse occupancy needs. Situated in San Bernardino County, California, this location boasts unparalleled convenience with its proximity to the I-10 and I-215 freeways, ensuring easy access for employees and clients. Furthermore, the property benefits from a walkable environment with nearby restaurants, retail services, and a health club, enhancing the overall appeal and convenience for tenants. This presents a unique opportunity to secure prime office space in a thriving location with excellent accessibility and amenities. Contact us today to learn more about leasing options and explore the possibilities for your business.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    San Bernardino
    County
    San Bernardino
    State
    California
    Longitude
    -117.2711939
    Latitude
    34.0685689

    Comparable in this City

    • Contact for pricing
      30,000 SF

      Loma Linda Medical Office Space

      New medical building near Loma Linda Hospital, 4,370-12,370 SF available.
      25258 Redlands Blvd, Loma Linda, CA 92408
      View Details
    • Sponsored
      Contact for pricing

      Three Parkside

      Discover many ways to work your way in Three Parkside
      473 Carnegie Dr, San Bernardino, CA 92408
      View Details
    • Contact for pricing

      Premier Office Space in San Bernardino

      Office space in a master-planned, mixed-use corporate center.
      862 E Hospitality Ln, San Bernardino, CA 92408
      View Details
    • Contact for pricing

      Office Space with Free Parking

      Office space with free parking and convenient freeway access.
      473 East Carnegie Dr, San Bernardino, CA 92408
      View Details

    Similar Nearby for Sale

    • $2,800,000
      6,938 SF

      San Bernardino Commercial Opportunity Zone Property

      Commercial property in San Bernardino Opportunity Zone, suitable for various uses.
      484 E Redlands Blvd, San Bernardino, CA 92408
      View Details
    • Contact for pricing

      Upgraded Commercial Building in San Bernardino

      Two-story commercial building near 215 and 10 Freeways with upgrades.
      1465 E Enterprise Dr, San Bernardino, CA 92408
      View Details
    • Contact for pricing
      4,049 SF

      Two Freestanding Buildings in San Bernardino

      Two buildings with retail, office, or residential potential.
      1820 Flores St, San Bernardino, CA 92408
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      30,000 SF

      Loma Linda Medical Office Space

      New medical building near Loma Linda Hospital, 4,370-12,370 SF available.
      25258 Redlands Blvd, Loma Linda, CA 92408
      View Details
    • Sponsored
      Contact for pricing

      Three Parkside

      Discover many ways to work your way in Three Parkside
      473 Carnegie Dr, San Bernardino, CA 92408
      View Details
    • Contact for pricing

      Premier Office Space in San Bernardino

      Office space in a master-planned, mixed-use corporate center.
      862 E Hospitality Ln, San Bernardino, CA 92408
      View Details
    • Contact for pricing

      Office Space with Free Parking

      Office space with free parking and convenient freeway access.
      473 East Carnegie Dr, San Bernardino, CA 92408
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    685 East Carnegie Dr
    San Bernardino, CA 92408
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    685 East Carnegie Dr, San Bernardino, CA, 92408
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!