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Property profile

988 S Washington Ave San Bernardino, CA 92408

FOR LEASE
Distribution centers
Property ID
US10-1450717
6.21 ac lot Built 2021
Last sale Aug 2021 · $94,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
988 S Washington Ave, San Bernardino, CA 92408 For Lease
$95,910,000 146,800 SF available
988 S Washington Ave, San Bernardino, CA 92408
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Property summary

AI-generated overview

The property is a free-standing industrial building totaling 146,800 square feet, including approximately 3,000 square feet of office space. It is configured with 18 dock-high doors and two grade-level loading doors, and includes a secured 127-foot truck court. The warehouse provides an estimated 32-foot clear height. Electrical service is 1,200 amps at 277/480 volts, with the system expandable to 4,000 amps. The property is located in San Bernardino, California.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$297k
Tax billed · 2024
Assessed value$23.93M
Assessed land$5.41M
Assessed improvement$18.52M
Effective rate1.24%

Value estimate

· Oct 2026
$95.91M
$86.32M – $105.50M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$184/SF
ZIP average, outlier-cleaned · 49 recorded sales of this use type
Observed band · Q1–Q3$115 – $269

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSAN BERNARDINO

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.6
Skin Care Clinic9.5
Plumbing Service9.4

Location

988 S Washington Ave San Bernardino, CA 92408
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
890 Ml, San Bernardino, CA 92408-1614 $1,230,000 Dec 2025 497,664 SF
268 Cluster, San Bernardino, CA 92408-1328 $750,000 Jan 2025 3,912 SF
704 Allen, San Bernardino, CA 92408-2210 $17,620,000 Aug 2024 77,809 SF
531 Central, San Bernardino, CA 92408-2313 $121,079,500 Apr 2023 1,635 SF
456 Industrial, San Bernardino, CA 92408-3716 $3,950,000 Apr 2023 21,336 SF
678 Tippecanoe, San Bernardino, CA 92408-2607 $13,905,500 Apr 2022 64,803 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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