1010 Foisy StSan Bernardino, CA 92408

Property Details for 1010 Foisy St

Year built

1964

Construction

FRAME

Lot size

0.18 AC

Property size (Sq ft)

1,134 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

0280-141-15-0000

APU

280141150000

Description

This exceptional 6.9-acre industrial property, located at 1010 S Foisy St, San Bernardino, CA 92408, presents a compelling investment opportunity. Priced at $18,050,000, this expansive site encompasses approximately 300,844 square feet and comprises nine separate parcels offering frontage on multiple streets. The property's strategic location provides easy access to major transportation arteries, including the 10, 210, and 215 freeways, San Bernardino International Airport, and the rail system. Existing structures on the land offer potential for office space, adding further value to this development opportunity. The property is situated in a rapidly growing industrial area of San Bernardino, a city boasting a diverse economy and a strong employment base, including major employers such as Amazon, Stater Bros, and Cal State San Bernardino. This prime location offers significant growth potential and a wide range of economic opportunities for businesses. Prospective buyers are responsible for verifying all use and zoning regulations with the City of San Bernardino. This is a rare chance to acquire a substantial land parcel with significant development potential in a thriving Southern California market.

• CAP approach

  CAP return

  Valuation

  6%

  $264,513

  6.5%

  $244,166

  7%

  $226,726

• Comparable approach

  Method

  Valuation

  Relative Method

  $177,150

  Geo Method

  $399,134

• Alternative Use

  Use

  Valuation

  Residential

  $302,766

  Hospitality

  $277,332

  Educational

  $230,737

  Medical

  $238,672

  Retail

  $358,924

Location Insight

City

San Bernardino

County

San Bernardino

State

California

Latitude

34.0825

Longitude

-117.276

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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