370 I StSan Bernardino, CA 92410

Property Details for 370 I St

Year built

1969

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.62 AC

Property size (Sq ft)

20,600 SF

Property type

Industrial properties

Property subtype

Loft space

APN

0137-191-11-0000

APU

137191110000

Description

This ±7,000 square foot warehouse flex space, part of a larger ±20,000 square foot building, is available for lease. Situated on a ±27,098 square foot fully gated lot in San Bernardino County's Inland Empire East submarket, this Class C property offers convenient access to major freeways (less than 4 miles from the 10 freeway and off the Mill Street exit of the 215 freeway). Built in 1969, the single-story building features a 14-foot ceiling height, one grade-level drive-in door, and on-site office space. The property includes eight parking spaces and boasts 200 feet of frontage on South I Street, near Oak Street. Zoned IL, this property is ideal for warehouse or light industrial use. The building's total area is 20,000 square feet, with a minimum divisible space of 7,000 square feet and a maximum contiguous space of 7,000 square feet. The property has a 20,000 building FAR and 1.12 acres of land. Utilities include 400 AMP power. APN: 0137-191-11, 0137-191-17.

• CAP approach

  CAP return

  Valuation

  6%

  $10,359,000

  6.5%

  $9,562,180

  7%

  $8,879,160

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,148,900

  Geo Method

  $11,600,900

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $4,968,930

  Mixed-Use / Specialty

  $5,002,830

  Hospitality / Lodging

  $3,737,610

  Office

  $5,026,860

  Institutional / Educational

  $5,219,370

  Residential Income

  $6,106,660

  Multifamily

  $7,037,880

  Automotive / Energy

  $4,473,750

  Parking / Income-Based Land

  $1,492,840

  Restaurant / Food Service

  $2,712,160

  Healthcare / Senior Housing

  $5,077,380

Location Insight

City

San Bernardino

County

San Bernardino

State

California

Latitude

34.0946

Longitude

-117.303

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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