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Property profile & analytics
FOR SALE
Investment properties

860 S Waterman Ave San Bernardino, CA 92408

984 SF 0.87 ac lot Built 1929
Individually Owned 4-yr Hold Free & Clear
Property ID
US10-1067763
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1929
Construction WOOD FRAME
Total area 984 SF
Lot 0.87 ac (37,830 SF)
APN 0136-412-21-0000
UPID US10-1067763
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
  • A&B Trucking school Vocational School
  • A&B Interstate 215 Truck Driving Academy Vocational School
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Annette G Overstreet · 4 yrs held
Annette G Overstreet
since 2022
7 recorded transactions
2022
Price N/A
2019
Price N/A
2019
Price N/A
2014
Price N/A
2013
Price N/A
2013
Price N/A
2010
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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