New Senior Housing
For Sale
Contact for pricing
12255 3rd Street, Yucaipa, CA 92399
Designed for a 55+ community, the building includes ADA-compliant bathrooms and a gurney-capable elevator.
Property Size16,000 SF
Price / SF$312.50
Days on Market170
Property Features for 12255 3rd Street
General Information
Standard status
Active
Size
16,000 SF
Class
A
Elevators
Yes
Property subtype
Multifamily, Senior Living, Special Purpose
Zoning
Multifamily
Investment Type
Owner/User
Building Details
Year Built
2026
Year Renovated
2026
Buildings
1
Units
13
Listing Agency:
Pellego
Listed By:
Teri Szoke · License #01476029
(704) 906-4025
Source:
Crexi
Added: May 1
Changed: Oct 13
Last Checked: Oct 16 at 6:26AM
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 Pellego
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Investment Insights
Based on property information with market context.
This 16,000-square-foot senior housing facility is new construction scheduled for completion in late June, with a stated YearBuilt of 2026. The property is currently positioned as a 55+ community and includes contemporary interior finishes, fully ADA-compliant bathrooms, and a high-capacity elevator designed to accommodate a gurney.
The building is zoned Multifamily. A builder has proposed reconfiguring the facility for a 66- 70-bed Residential Care Facility for the Elderly (RCFE), while the seller is pursuing a Conditional Use Permit. Preliminary discussions with the City have been described as positive, but the permit remains in process. The property is located at 12255 3rd Street, Yucaipa, CA 92399.
The building is zoned Multifamily. A builder has proposed reconfiguring the facility for a 66- 70-bed Residential Care Facility for the Elderly (RCFE), while the seller is pursuing a Conditional Use Permit. Preliminary discussions with the City have been described as positive, but the permit remains in process. The property is located at 12255 3rd Street, Yucaipa, CA 92399.
Key Highlights
- 16,000‑square‑foot senior housing facility
- New construction scheduled for completion in late June; YearBuilt 2026
- Fully ADA‑compliant bathrooms throughout the facility
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$141,646
Cap Rate
2.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,832,920
$2.8M
Cap Rate 7%
$2,023,514
$2.0M
Cap Rate 9%
$1,573,844
$1.6M
Market Conditions
NOI Build-Up for 16,000 SF
Gross rent
$274.6K $17.16/SF
− Vacancy
−$17.0K −$1.06/SF
EGI
$257.5K $16.10/SF
− OpEx
−$115.9K −$7.24/SF
NOI
$141.6K $8.85/SF
Area
San Bernardino County, CA
Vacancy
6.20%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,832,920
Cap Rate 7%
$2,023,514
Cap Rate 9%
$1,573,844
Alternative Uses
Best Use
Apartment 5plus
$2.02M
$1.77M – $2.36M
NOI $141,646 @ 7.0% cap · market cap 2.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.37M
$2.95M – $3.94M
NOI $236,248 @ 7.0% cap · market cap 4.72%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,029
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92399, CA
55,794
Population
19,382
Households
2.9
Avg Household Size
40
Median Age
26%
College-Educated
89%
High-School Grad
53.6 sq mi
ZIP Area
1,041
Density / Sq Mi
$94,718
Median Household Income
$46,011
Median Earnings
$1,658
Median Rent
$472,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Senior housing / Retirement Home - Designed for a 55+ community, the building includes ADA-compliant bathrooms and a gurney-capable elevator.
Where is this senior housing / retirement home located?
The property is located at 12255 3rd Street Yucaipa, CA.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 16,000‑square‑foot senior housing facility; New construction scheduled for completion in late June; YearBuilt 2026; Fully ADA‑compliant bathrooms throughout the facility
