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Commercial Land with Existing Building

1501 Irwin Rd, Barstow, CA 92311

For Sale
New
$299,000

The structure contains a separate room and office space, and the site is minutes from a main highway.

Property Size1,000 SF
Days on Market1

Property Features for 1501 Irwin Rd

General Information

Standard status Active
Size 1,000 SF
Property subtype Commercial

Building Details

Building Size 1,000 SF
Listing Agency: PONCE & PONCE REALTY, INC
Listed By: Jose Barraza Enriquez · License #02131079
Source: Elliman
Added: Nov 6 Last Checked: Nov 1 at 5:02AM

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 PONCE & PONCE REALTY, INC

Rey
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Investment Insights

Based on property information with market context.

This commercial land parcel includes an existing building with a separate room and office space. The property previously operated as a gas station.

Located at 1501 Irwin Rd in Barstow, the site is minutes from a main highway and has access to major roads.

Key Highlights

  • Existing building includes a separate room and office space
  • Previously operated as a gas station
  • Minutes from a main highway

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,334
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$286,680 $286.7K
Cap Rate 7%
$204,771 $204.8K
Cap Rate 9%
$159,267 $159.3K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$21.6K $21.60/SF
− Vacancy
−$1.1K −$1.12/SF
EGI
$20.5K $20.48/SF
− OpEx
−$6.1K −$6.14/SF
NOI
$14.3K $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 Rate 5%
$286,680
Cap Rate 7%
$204,771
Cap Rate 9%
$159,267

Alternative Uses

Best Use
Retail
$204.8K
$179.2K – $238.9K (±1% cap)
NOI $14,334 @ 7.0% cap · market cap 4.79%
Second Best
Specialty Retail
$138.5K
$121.2K – $161.6K (±1% cap)
NOI $9,698 @ 7.0% cap · market cap 3.24%
Theoretical Best
Office A
$210.9K
$184.6K – $246.1K (±1% cap)
NOI $14,765 @ 7.0% cap · market cap 4.94%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Law Firm HVAC Service Storage Facility Big Box & Wholesale Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

59
Businesses Nearby

Demographics for 92311, CA

34,524
Population
13,707
Households
2.5
Avg Household Size
33
Median Age
11%
College-Educated
84%
High-School Grad
424.4 sq mi
ZIP Area
81
Density / Sq Mi
$59,338
Median Household Income
$38,871
Median Earnings
$1,081
Median Rent
$217,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Commercial land in Barstow

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - The structure contains a separate room and office space, and the site is minutes from a main highway.
Where is this commercial land located?
The property is located at 1501 Irwin Rd Barstow, CA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Existing building includes a separate room and office space; Previously operated as a gas station; Minutes from a main highway
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Includes: Price & PSF · Cap rate · Location · Zoning

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