Multi-Unit Automotive
For Sale
$1,197,000
211 S Mount Vernon, San Bernardino, CA 92410
Four fully occupied automotive units include auto electric, auto repair, and a machine shop.
Property Size9,600 SF
Days on Market39
Property Features for 211 S Mount Vernon
General Information
Standard status
Active
Size
9,600 SF
Property subtype
Business
Occupancy
100%
Additional Details
Highway Access
Yes
Building Details
Building Size
9,600 SF
Year Built
1966
Listing Agency:
Best Team Real Estate Group
(714) 240-1569
Listed By:
Sidney Tran · License #01145004
Source:
Camdenmckayre
Added: Jul 23
Changed: Aug 25
Last Checked: Aug 29 at 2:10PM
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 Best Team Real Estate Group
Investment Insights
Based on property information with market context.
This for-sale commercial building consists of four fully occupied automotive units. Units A and B operate as auto electric, Unit C is configured for auto repair, and Unit D serves as a machine shop.
The property is located at 211 S Mount Vernon in San Bernardino, CA 92410, in a busy area. It is described as only minutes from Fwy 215 and Fwy 10, supporting convenient regional access.
The current setup provides a diversified automotive mix across four independently occupied spaces within a single building.
The property is located at 211 S Mount Vernon in San Bernardino, CA 92410, in a busy area. It is described as only minutes from Fwy 215 and Fwy 10, supporting convenient regional access.
The current setup provides a diversified automotive mix across four independently occupied spaces within a single building.
Key Highlights
- 1966‑built building with 4 fully occupied automotive units
- Unit mix includes Auto Electric (Units A & B), Auto Repair (Unit C), and a machine shop (Unit D)
- Property is described as being in a busy area with multiple auto‑focused businesses
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
$90,575
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
7.57%
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%
$1,811,500
$1.8M
Cap Rate 7%
$1,293,929
$1.3M
Cap Rate 9%
$1,006,389
$1.0M
Market Conditions
NOI Build-Up for 9,600 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
$138.2K $14.40/SF
− Vacancy
−$8.8K −$0.92/SF
EGI
$129.4K $13.48/SF
− OpEx
−$38.8K −$4.04/SF
NOI
$90.6K $9.43/SF
Area
San Bernardino, CA
Vacancy
6.40%
Lease Rate
$14.40 /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%
$1,811,500
Cap Rate 7%
$1,293,929
Cap Rate 9%
$1,006,389
Alternative Uses
Best Use
Retail
$1.85M
$1.62M – $2.16M
NOI $129,824 @ 7.0% cap · market cap 10.85%
Second Best
Industrial
$1.29M
$1.13M – $1.51M
NOI $90,575 @ 7.0% cap · market cap 7.57%
Theoretical Best
Office A
$2.89M
$2.53M – $3.37M
NOI $202,383 @ 7.0% cap · market cap 16.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
561
Businesses Nearby
46k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 79%
Shops & Services 13%
Dining 8%
Superior Grocers
Groceries
36,755 visits/mo
0.4 miles
Circle K
Shops & Services
5,389 visits/mo
0.5 miles
Rally's
Dining
3,596 visits/mo
0.5 miles
Audio Express
Shops & Services
631 visits/mo
0.1 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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Chaparral Motorsports Honda Service — 555 S H St, San Bernardino, CA 92410
- RICARDO AUTO GLASS & WINDOW TINT — 524 S K St, San Bernardino, CA 92410
- Ricardo Auto Glass — 506 S Bunker Hill Dr, San Bernardino, CA 92410
- California Auto Body — 464 S I St, San Bernardino, CA 92410
- Fixit — 932 W Mill St, San Bernardino, CA 92410
Frequently Asked Questions
What type of property is this?
Auto shop - Four fully occupied automotive units include auto electric, auto repair, and a machine shop.
Where is this auto shop located?
The property is located at 211 S Mount Vernon San Bernardino, CA.
What is the asking price?
The asking price for this property is $1,197,000.
What are key features of this property?
This property features: 1966‑built building with 4 fully occupied automotive units; Unit mix includes Auto Electric (Units A & B), Auto Repair (Unit C), and a machine shop (Unit D); Property is described as being in a busy area with multiple auto‑focused businesses
