Commercial Land on Major
New
For Sale
$699,000
1639 E Base Line St, San Bernardino, CA 92410
The parcel carries CH (Commercial Heavy) zoning and includes front parking.
Property Size4,560 SF
Price / SF$153.29
Days on Market2
Property Features for 1639 E Base Line St
General Information
Standard status
Active
Size
4,560 SF
Building Details
Year Built
1955
Listing Agency:
AMEERA'S REALTY
Listed By:
Grace Elliott · License #00791476
(909) 910-1737
Source:
Myfabuloushome
Added: Sep 10
Last Checked: Sep 10 at 2:35PM
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 AMEERA'S REALTY
Investment Insights
Based on property information with market context.
This commercial land offering covers 0.32 acres along E Base Line St in San Bernardino. The site is presented as land only and includes parking at the front, along with additional parking across the larger lot. CH (Commercial Heavy) zoning applies, with a land-use table referenced in the property materials.
The parcel sits on Base Line, identified as a major commercial corridor, with access to the 210 freeway. The stated surrounding context includes an airport, casino, Amazon, and transportation-related activity. Its address is 1639 E Base Line St, San Bernardino, CA 92410.
The parcel sits on Base Line, identified as a major commercial corridor, with access to the 210 freeway. The stated surrounding context includes an airport, casino, Amazon, and transportation-related activity. Its address is 1639 E Base Line St, San Bernardino, CA 92410.
Key Highlights
- 0.32‑acre commercial land parcel
- CH (Commercial Heavy) zoning
- Located along Base Line, identified as a major commercial corridor
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
$61,666
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
8.82%
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%
$1,233,320
$1.2M
Cap Rate 7%
$880,943
$880.9K
Cap Rate 9%
$685,178
$685.2K
Market Conditions
NOI Build-Up for 4,560 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
$94.1K $20.64/SF
− Vacancy
−$6.0K −$1.32/SF
EGI
$88.1K $19.32/SF
− OpEx
−$26.4K −$5.80/SF
NOI
$61.7K $13.52/SF
Area
San Bernardino, CA
Vacancy
6.40%
Lease Rate
$20.64 /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%
$1,233,320
Cap Rate 7%
$880,943
Cap Rate 9%
$685,178
Alternative Uses
Best Use
Retail
$880.9K
$770.8K – $1.03M
NOI $61,666 @ 7.0% cap · market cap 8.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $96,132 @ 7.0% cap · market cap 13.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
346
Businesses Nearby
63k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 44%
Shops & Services 35%
Dining 21%
Cardenas Market
Groceries
27,464 visits/mo
0.5 miles
ARCO
Shops & Services
18,217 visits/mo
0.4 miles
Jack in the Box
Dining
13,141 visits/mo
0.4 miles
CubeSmart Self Storage
Shops & Services
2,614 visits/mo
0.3 miles
American Tire Depot
Shops & Services
1,127 visits/mo
0.2 miles
Demographics for 92410, CA
51,651
Population
14,325
Households
3.6
Avg Household Size
30
Median Age
6%
College-Educated
66%
High-School Grad
8.2 sq mi
ZIP Area
6,299
Density / Sq Mi
$53,390
Median Household Income
$32,474
Median Earnings
$1,303
Median Rent
$273,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Commercial land - The parcel carries CH (Commercial Heavy) zoning and includes front parking.
Where is this commercial land located?
The property is located at 1639 E Base Line St San Bernardino, CA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 0.32‑acre commercial land parcel; CH (Commercial Heavy) zoning; Located along Base Line, identified as a major commercial corridor
