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Property profile & analytics

948 Norman Rd San Bernardino, CA 92408-2502

  • Investment properties
  • 1,358 SF
  • 1.21 lot acres
OFF-MARKET
Last Sale
Aug 16, 2024
$900,000
Value Estimations
$900,000
Show details
Cap Rate Potential
2.3%
Investment properties
Location Intelligence
Property ID
US10-1012943
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

  • Investment properties

Property Details for 948 Norman Rd

Year built
1960
Construction
FRAME
Lot size
1.21 lot acres
Property size
1,358 SF
Property type
Investment properties
Property subtype
Live-work space
APN
0280-221-03-0000
APU
280221030000

Description

This exceptional 1.21-acre industrial land parcel presents a unique opportunity for businesses seeking a strategic location in San Bernardino, California. Situated at 948 E Norman Rd, this single-tenant property offers significant potential for development or expansion. The expansive lot size provides ample space for various industrial uses, allowing for flexibility in design and construction. Located within San Bernardino County, this property benefits from convenient access to major transportation arteries, facilitating efficient logistics and distribution. The address is 948 E Norman Rd, San Bernardino, CA 92408. The property is designated as industrial land and is currently available for lease. Given its size and location, this property is ideal for companies requiring substantial land area for operations, storage, or manufacturing. The absence of existing buildings allows for complete customization to meet specific business needs, maximizing efficiency and functionality. Prospective tenants will appreciate the opportunity to create a facility tailored to their exact requirements. This prime industrial land offers a compelling investment opportunity in a thriving market. The property's zoning and permitted uses should be independently verified. Serious inquiries are encouraged to explore the possibilities of this exceptional land parcel.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $900,000
    ML approach
    $900,000
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $590,000

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


Location Insight

  • Map
  • Local Demand
City
San Bernardino
County
San Bernardino
State
California
Longitude
-117.265
Latitude
34.0822
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
$985
$40,514
$26,209
$66,723
-
$0.00
$0.00
$0.00
More about this property
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