12-Office Commercial
For Sale
$899,000
42718 Moonridge Rd, Big Bear Lake, CA 92315
CommercialSale, Big Bear Lake, CA
Property Size3,352 SF
Lot Size0.35 Acres
Price / SF$268.20
Days on Market262
Property Features for 42718 Moonridge Rd
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial-Visitor
Patio and Porch features
Patio
Exterior features
BlacktopDriveway, SprinklerIrrigation, Landscaping, PavedDriveway, Patio
Lot features
Level
Subdivision
Moonridge
Standard status
Active
APN
2328-466-10-0000
Lot size
0.35 Acres
Utilities
Heating system
Natural Gas, Radiant
Cooling system
Central Air
Amenities
lobby
loft
conference room
Building Details
Year built
2006
Floors in Building
2
Roof type
Composition
Listing Agency:
Re/Max Big Bear-Fox Farm · RE/MAX International
(909) 866-5062
Listed By:
Izzy Barden · License #01377973
(909) 273-8980
Added: Dec 11, 2025
Changed: Aug 20
Last Checked: Aug 30 at 6:06PM
MLS# 32502802
Copyright © 2026 Mountain Resort Communities Association of Realtors®. 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 3,352-square-foot office building, completed in 2006, contains 12 separate office spaces, three bathrooms, a lobby, loft, and conference room. The property has a mountain-style design with a patio, landscaped grounds, paved and blacktop driveways, natural gas radiant heating, central air, and a composition roof. The lot encompasses 0.353 acres.
The building fronts Moonridge Rd near the commercial portion of the corridor, directly across from the Big Bear Zoo and golf course. It is adjacent to the Bear Mountain Ski Resort parking lot and close to Snow Summit, Big Bear Lake, and The Village. The property also offers views toward the national forest and Bear Mountain, with restaurants, shopping, and other businesses in the surrounding area.
The building fronts Moonridge Rd near the commercial portion of the corridor, directly across from the Big Bear Zoo and golf course. It is adjacent to the Bear Mountain Ski Resort parking lot and close to Snow Summit, Big Bear Lake, and The Village. The property also offers views toward the national forest and Bear Mountain, with restaurants, shopping, and other businesses in the surrounding area.
Key Highlights
- 3,352 square feet with 12 separate office spaces
- Three bathrooms, lobby, loft, and conference room
- 0.353‑acre lot with patio, landscaping, and paved driveway
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
$39,454
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
4.39%
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%
$789,080
$789.1K
Cap Rate 7%
$563,629
$563.6K
Cap Rate 9%
$438,378
$438.4K
Market Conditions
NOI Build-Up for 3,352 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
$57.1K $17.04/SF
− Vacancy
−$4.5K −$1.35/SF
EGI
$52.6K $15.69/SF
− OpEx
−$13.2K −$3.92/SF
NOI
$39.5K $11.77/SF
Area
San Bernardino County, CA
Vacancy
7.90%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
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%
$789,080
Cap Rate 7%
$563,629
Cap Rate 9%
$438,378
Alternative Uses
Best Use
Office B
$563.6K
$493.2K – $657.6K
NOI $39,454 @ 7.0% cap · market cap 4.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$707.1K
$618.7K – $824.9K
NOI $49,494 @ 7.0% cap · market cap 5.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
12
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
215
Businesses Nearby
Explore this area
Business Placement
Demographics for 92315, CA
5,148
Population
9,861
Households
0.5
Avg Household Size
51
Median Age
34%
College-Educated
92%
High-School Grad
29.4 sq mi
ZIP Area
175
Density / Sq Mi
$79,293
Median Household Income
$43,778
Median Earnings
$1,278
Median Rent
$538,200
Median Home Value
Market
Vacancy Rate% for Office 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?
Office building - Mountain-style office property with conference, lobby, loft, patio, and parking areas in a commercial corridor.
Where is this office building located?
The property is located at 42718 Moonridge Rd Big Bear Lake, CA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 3,352 square feet with 12 separate office spaces; Three bathrooms, lobby, loft, and conference room; 0.353‑acre lot with patio, landscaping, and paved driveway
