Crestline Commercial Property on Hwy
For Sale
$1,500,000
25266 Rim Of The World Hwy, Crestline, CA 92325
Versatile commercial property on 0.58 acres with extensive storage.
Property Size5,908 SF
Lot Size0.41 Acres
Price / SF$253.89
Days on Market934
Property Features for 25266 Rim Of The World Hwy
General Information
Standard status
Active
Size
5,908 SF
Lot size
0.41 Acres
Listing Agency:
COLDWELL BANKER SKY RIDGE REALTY
(909) 336-2131
Listed By:
Steven Keefe · License #01085197
(909) 336-2131
Source:
Exprealty
Added: Jan 31, 2024
Changed: Aug 20
Last Checked: Aug 22 at 1:47PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER SKY RIDGE REALTY
Investment Insights
Based on property information with market context.
Located in Crestline, CA, this commercial property is situated on 0.58 acres along Hwy 18. The property includes approximately 20,000 sq. ft. of yard space and a total of 5,908 sq. ft. of office and storage space. The office showroom provides 1,984 sq. ft., with an additional 330 sq. ft. office space and 2,734 sq. ft. of enclosed storage. Four C containers add an additional 860 sq. ft. of storage capacity. The property is secured by a 9-foot fence and features dual access points for commercial trucks and equipment. A backup generator is included. The office spaces are equipped with air conditioning. There are three restrooms, one of which includes a full shower.
Key Highlights
- Prime location on Hwy 18 in Crestline, CA, offering high visibility and accessibility.
- Substantial .58‑acre lot with approximately 20,000 sq. ft. of yard space, suitable for various business needs.
- Extensive storage capacity: 2,734 sq. ft. of enclosed storage plus an additional 860 sq. ft. from four C containers.
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
Office B
$993.4K
$869.2K – $1.16M
NOI $69,539 @ 7.0% cap · market cap 4.64%
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
Current Use
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 Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Versatile commercial property on 0.58 acres with extensive storage.
Where is this flex space located?
The property is located at 25266 Rim Of The World Hwy 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: Prime location on Hwy 18 in Crestline, CA, offering high visibility and accessibility.; Substantial .58‑acre lot with approximately 20,000 sq. ft. of yard space, suitable for various business needs.; Extensive storage capacity: **2,734 sq. ft. of enclosed storage** plus an additional 860 sq. ft. from four C containers.
