860 S Waterman Ave San Bernardino, CA 92408
For Sale
1 / 8
This exceptional commercial land offering presents a unique investment opportunity in a rapidly developing area of San Bernardino, California. The property boasts a substantial 87,120 square foot lot, strategically located at 860 S Waterman Ave, 92408, with prime frontage on both Waterman and Central Avenues. The asking price is $4,500,000. The site includes four parcels, totaling approximately two acres, and offers exceptional access to major transportation arteries, including the 215 and 10 freeways, as well as rail and airport access. The existing improvements on the property consist of two residential structures totaling 984 square feet. This presents a versatile opportunity for redevelopment or repurposing, catering to a wide range of commercial ventures. Given its size, location, and accessibility, this property is ideally suited for a variety of commercial uses, making it an attractive investment for both developers and owner-operators seeking a foothold in a thriving market. The property's location in one of San Bernardino's fastest-growing areas ensures strong potential for future appreciation and return on investment. This is a rare opportunity to acquire a significant land parcel in a prime location with excellent infrastructure and connectivity.
-
A&B Trucking school Vocational School
-
A&B Interstate 215 Truck Driving Academy Vocational School
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.