Fenced Storefront Retail
For Sale
$1,500,000
25266 Hwy 18, Crestline, CA 92325
Commercial Sale, Crestline, CA
Property Size5,908 SF
Lot Size0.58 Acres
Price / SF$253.89
Days on Market950
Property Features for 25266 Hwy 18
General Information
Property type
Residential
Property subtype
Retail
Directions
Hwy 18 to Carpet Station Bldg across from Hortincia's
Subdivision
286 - Crestline Area
Standard status
Active
APN
0340245010000
Lot size
0.58 Acres
Amenities
Backup Generator
A/C in Offices
Restrooms with shower
Secure Fencing
Dual Egress/Ingress
Commercial Truck Access
Building Details
Year built
1984
Listing Agency:
COLDWELL BANKER SKY RIDGE REALTY · Coldwell Banker Real Estate
(909) 336-2131
Listed By:
Steven Keefe · License #01085197
(909) 744-7690
Added: Jan 31, 2024
Changed: Aug 24
Last Checked: Sep 7 at 4:06PM
MLS# EV24022428
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This storefront retail property includes 5,908 sq. ft. of office and dry storage improvements on a .58-acre site. The interior configuration includes a 1,984 sq. ft. office showroom, a 330 sq. ft. additional office, and 2,734 sq. ft. of enclosed storage. Four C containers contribute another 860 sq. ft. of storage capacity. Office areas have air conditioning, while the property includes three restrooms, including one with a full shower.
Approximately 20,000 sq. ft. of yard space extends the usable area beyond the building. A 9-foot fence surrounds the property, and front and rear access points support movement by commercial trucks and equipment. A backup generator is also included. The property is located at 25266 Hwy 18 in Crestline, California, and was built in 1984.
Approximately 20,000 sq. ft. of yard space extends the usable area beyond the building. A 9-foot fence surrounds the property, and front and rear access points support movement by commercial trucks and equipment. A backup generator is also included. The property is located at 25266 Hwy 18 in Crestline, California, and was built in 1984.
Key Highlights
- 5,908 sq. ft. of office and dry storage space on a .58‑acre site
- Approximately 20,000 sq. ft. of yard space
- Office showroom measures 1,984 sq. ft.; additional office measures 330 sq. ft.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$84,684
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,693,680
$1.7M
Cap Rate 7%
$1,209,771
$1.2M
Cap Rate 9%
$940,933
$940.9K
Market Conditions
NOI Build-Up for 5,908 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$127.6K $21.60/SF
− Vacancy
−$6.6K −$1.12/SF
EGI
$121.0K $20.48/SF
− OpEx
−$36.3K −$6.14/SF
NOI
$84.7K $14.33/SF
Area
San Bernardino County, CA
Vacancy
5.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,693,680
Cap Rate 7%
$1,209,771
Cap Rate 9%
$940,933
Alternative Uses
Best Use
Retail
$1.21M
$1.06M – $1.41M
NOI $84,684 @ 7.0% cap · market cap 5.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.25M
$1.09M – $1.45M
NOI $87,234 @ 7.0% cap · market cap 5.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
Demographics for 92325, CA
9,892
Population
6,692
Households
1.5
Avg Household Size
45
Median Age
28%
College-Educated
90%
High-School Grad
8.7 sq mi
ZIP Area
1,137
Density / Sq Mi
$79,254
Median Household Income
$49,704
Median Earnings
$1,514
Median Rent
$358,300
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - Office, storage, yard, and dual-entry access support varied commercial operations.
Where is this storefront property located?
The property is located at 25266 Hwy 18 Crestline, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 5,908 sq. ft. of office and dry storage space on a .58‑acre site; Approximately 20,000 sq. ft. of yard space; Office showroom measures 1,984 sq. ft.; additional office measures 330 sq. ft.
