1795 Riverview DrSan Bernardino, CA 92408

  • Flex space
  • 38,829 SF

Property Details for 1795 Riverview Dr

Year built
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.95 AC
Property size (Sq ft)
38,829 SF
Property type
Flex space
APN
0280-261-44-0000
APU
280261440000

Description

This exceptional ±38,965 square foot industrial property at 1795 Riverview Drive, San Bernardino, CA 92408, presents a unique sale-leaseback opportunity. Situated on a spacious ±2.06-acre lot, this single-story building boasts a heavy industrial zoning designation (APN: 0280-261-44-0000). Constructed in 1981, the property features an 18-foot ceiling height, ideal for various distribution and manufacturing uses. The building includes three dock-high doors and three ground-level doors, ensuring efficient loading and unloading. Ample parking is provided with 40 spaces. The interior comprises approximately 38,965 square feet of warehouse space and approximately 3,200 square feet of office space. The property's infrastructure includes a 0.21/1,500 sprinkler density and 800 amps of power (277/408 volts). This sale-leaseback offers a two-year lease term at a current market capitalization rate. The property is offered as a NNN lease with a single tenant. This is an excellent opportunity for investors seeking a stable, long-term income stream in a prime San Bernardino location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $10,366,929
    Hospitality
    $9,496,051
    Educational
    $7,900,604
    Medical
    $8,172,317
    Retail
    $12,289,827

Location Insight

City
San Bernardino
County
San Bernardino
State
California
Latitude
34.0799
Longitude
-117.25
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
2024
$44,680
$820,635
$2,966,912
$3,787,547
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