499 Orange Show RdSan Bernardino, CA 92408

  • Outlet malls
  • 151,686 SF
For Sale
$250,000 View listing

Property Details for 499 Orange Show Rd

Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
17.65 AC
Property size (Sq ft)
151,686 SF
Property type
Outlet malls
APN
0141-262-10-0000
APU
141262100000

Description

The San Bernardino Center, located at 499 W Orange Show Rd, San Bernardino, CA 92408, presents a significant retail opportunity in San Bernardino County. This 143,082 square foot center, built in 1985, sits on a 17.65-acre lot and offers ample parking with 1,218 spaces. The property is zoned CG-1 and features multiple tenancies, with spaces ranging from a minimum of 3,000 square feet to a maximum contiguous space of 50,000 square feet. Currently, 60,000 square feet of retail space is available. The center's strategic corner location provides high visibility and accessibility for businesses seeking a prominent presence in a growing area of Southern California. This property offers a unique chance for retailers to establish themselves in a well-established center with significant square footage and parking. The expansive lot size allows for potential future expansion or redevelopment. The property's substantial size and flexible space options cater to a wide range of retail businesses. Interested parties should note the ample parking and convenient location within San Bernardino.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $39,637,200
    6.5%
    $36,588,200
    7%
    $33,974,800
  • Comparable approach

    Method
    Valuation
    Relative Method
    $24,643,700
    Geo Method
    $55,524,500
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $70,410,100
    Mixed-Use / Specialty
    $36,837,800
    Hospitality / Lodging
    $27,521,500
    Office
    $37,014,800
    Institutional / Educational
    $38,432,300
    Residential Income
    $44,965,800
    Multifamily
    $51,822,700
    Automotive / Energy
    $32,942,000
    Parking / Income-Based Land
    $10,992,400
    Restaurant / Food Service
    $19,970,700
    Healthcare / Senior Housing
    $37,386,800

Location Insight

City
San Bernardino
County
San Bernardino
State
California
Latitude
34.0785
Longitude
-117.292
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
$188,810
$5,851,008
$9,460,039
$15,311,047
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