0 Ostrems WaySan Bernardino, CA 92407

Property Details for 0 Ostrems Way

Lot size

1.63 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 1.63-acre commercial development site in San Bernardino, CA, presents a rare Southern California investment opportunity. Located on Ostrems Way, zip code 92407, this property consists of two parcels totaling approximately 1.63 acres and is zoned for commercial use, permitting multiple development options. The land is priced at $1,000,000, or $14.08 per square foot. Its strategic location directly off Interstate 215 offers unparalleled visibility and accessibility, boasting over 83,100 vehicles per day at the I-215 and University Parkway intersection. The site benefits from its proximity to major retailers including Walmart, Lowe's, and numerous fast-food and service businesses, ensuring high traffic and consumer visibility. Furthermore, its location is just 1.5 miles from the intersection of I-215 and Highway 210, providing convenient access to a wider regional market. The surrounding area also includes significant distribution and warehouse facilities, indicating a robust industrial presence. The strong demographics further enhance the property's appeal, with over 270,000 residents within a 5-mile radius and an average household income exceeding $69,078 within a 3-mile radius. This property offers significant potential for developers seeking a high-traffic, strategically located site in a thriving Southern California market. Inquire for additional details regarding permitted uses.

Location Insight

City

San Bernardino

County

San Bernardino

State

California

Latitude

34.1617

Longitude

-117.334

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