1601 Center Ln, Barstow, CA 92311
Three structures on a 30,000 sq ft lot.
- Added:
- Jul 15, 2024
- Days on Market:
- 703
- Last Refresh:
- Apr 5 at 9:05 pm
Property Features for 1601 Center Ln
General Information
- Standard status
- Active
- Size
- 900 SF
- Lot size
- 0.70 Acres
Listing agent Nadine Mumford
Listing office Oasis Realty Group Inc (760) 979-2070
Listing date Jul 15, 2024
Source Exprealty
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All listing content including descriptions, pricing, images are the copyrighted material of Oasis Realty Group Inc
HighLights
- Large 30,000 sq. ft. lot with three structures.
- Located within an Opportunity Zone.
- Two structures have existing electricity connections.
- Sewer is hooked up and one water meter is operable.
- Approximately 800 sq ft building suitable for office/industrial use with approximately 900 sq. ft. of garage space.
- Approximately 900 sq ft structure previously used for residential purposes.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $15.3k | $17.04 |
| − Vacancy | −$1.2k | −$1.35 |
| EGI | $14.1k | $15.69 |
| − OpEx | −$3.5k | −$3.92 |
| NOI | $10.6k | $11.77 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Barstow
- County
- San Bernardino
- State
- California
- Longitude
- -117.002
- Latitude
- 34.8893
