General Commercial
For Sale
$285,000
521 Big Bear Boulevard, Big Bear City, CA 92314
General Commercial zoning and on-site parking support a range of business uses.
Property Size1,270 SF
Price / SF$224.41
Days on Market694
Property Features for 521 Big Bear Boulevard
General Information
Standard status
Active
Size
1,270 SF
Property subtype
General Commercial
Zoning
General Commercial
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
3
75 x 90
Building Details
Year Built
1953
Tenancy
Single
Owner Occupied
Yes
Listing Agency:
Vista Sotheby's International Realty
(909) 747-5949
Listed By:
Paula Osborn · License #01943211
(909) 747-5949
Source:
Xome
Added: Sep 16, 2024
Changed: Aug 10
Last Checked: Aug 10 at 6:22AM
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 Vista Sotheby's International Realty
Investment Insights
Based on property information with market context.
This 1,270-square-foot storefront property was built in 1953 and is designated for General Commercial use. The building is currently owner-occupied by Coast Silver and includes on-site parking.
Located at 521 Big Bear Boulevard in Big Bear City, the property sits along a highway corridor. The zoning and storefront format provide a basis for retail, office, service, or other commercial operations, subject to applicable approvals.
Located at 521 Big Bear Boulevard in Big Bear City, the property sits along a highway corridor. The zoning and storefront format provide a basis for retail, office, service, or other commercial operations, subject to applicable approvals.
Key Highlights
- 1,270‑square‑foot storefront property
- General Commercial zoning
- Built in 1953
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
$18,204
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
6.39%
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%
$364,080
$364.1K
Cap Rate 7%
$260,057
$260.1K
Cap Rate 9%
$202,267
$202.3K
Market Conditions
NOI Build-Up for 1,270 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
$27.4K $21.60/SF
− Vacancy
−$1.4K −$1.12/SF
EGI
$26.0K $20.48/SF
− OpEx
−$7.8K −$6.14/SF
NOI
$18.2K $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%
$364,080
Cap Rate 7%
$260,057
Cap Rate 9%
$202,267
Alternative Uses
Best Use
Retail
$260.1K
$227.6K – $303.4K
NOI $18,204 @ 7.0% cap · market cap 6.39%
Second Best
Office B
$213.5K
$186.9K – $249.1K
NOI $14,948 @ 7.0% cap · market cap 5.24%
Theoretical Best
Office A
$267.9K
$234.4K – $312.5K
NOI $18,752 @ 7.0% cap · market cap 6.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
85
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 92314, CA
10,411
Population
9,425
Households
1.1
Avg Household Size
46
Median Age
26%
College-Educated
91%
High-School Grad
36.6 sq mi
ZIP Area
284
Density / Sq Mi
$79,191
Median Household Income
$41,034
Median Earnings
$1,428
Median Rent
$412,800
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?
Storefront property - General Commercial zoning and on-site parking support a range of business uses.
Where is this storefront property located?
The property is located at 521 Big Bear Boulevard Big Bear City, CA.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: 1,270‑square‑foot storefront property; General Commercial zoning; Built in 1953
