Industrial Warehouse with Secure
For Sale
$1,500,000
25266 Hwy 18, Crestline, CA 92325
SINGLE_FAMILY - Crestline, CA
Property Size5,908 SF
Lot Size0.58 Acres
Price / SF$253.89
Days on Market934
Property Features for 25266 Hwy 18
General Information
Property type
Residential
Property subtype
Retail
Directions
Hwy 18 to Carpet Station Bldg across from Hortincia's
Subdivision
286 - Crestline Area
Standard status
Active
APN
0340245010000
Lot size
0.58 Acres
Building Details
Year built
1984
Listing Agency:
COLDWELL BANKER SKY RIDGE REALTY · Coldwell Banker Real Estate
(909) 336-2131
Listed By:
Steven Keefe · License #01085197
(909) 336-2131
Added: Jan 31, 2024
Changed: Jul 6
Last Checked: Aug 22 at 8:06PM
MLS# EV24022428
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property is a single-site industrial and office facility set on a fenced lot with enclosed storage and yard space. The building includes 1,984 sq. ft. of office/showroom space plus an additional 330 sq. ft. office. For storage, there is 2,734 sq. ft. of enclosed storage along with four C containers providing an additional 860 sq. ft. The yard area is approximately 20,000 sq. ft., and the perimeter is secured by 9-foot fencing. Office spaces include air conditioning, and the property has three restrooms, including one with a full shower. A backup generator supports operations during power outages.
Located at 25266 Hwy 18 in Crestline, the site offers two access points with front and rear entrances, supporting smoother movement of commercial trucks and equipment. The layout is designed to facilitate entry and exit by commercial vehicles, which can help streamline day-to-day logistics for an operating business.
The combination of enclosed storage, office/showroom space, container storage, and significant yard capacity makes this property suited to businesses that need both customer-facing space and secure, truck-accessible storage. With multiple work areas, restroom facilities, and backup power for continuity, it provides a practical setup for a range of small to mid-size operations requiring secure perimeter control and flexible storage options.
Located at 25266 Hwy 18 in Crestline, the site offers two access points with front and rear entrances, supporting smoother movement of commercial trucks and equipment. The layout is designed to facilitate entry and exit by commercial vehicles, which can help streamline day-to-day logistics for an operating business.
The combination of enclosed storage, office/showroom space, container storage, and significant yard capacity makes this property suited to businesses that need both customer-facing space and secure, truck-accessible storage. With multiple work areas, restroom facilities, and backup power for continuity, it provides a practical setup for a range of small to mid-size operations requiring secure perimeter control and flexible storage options.
Key Highlights
- 1984‑built commercial property on Hwy 18 in Crestline, CA on a 0.58‑acre lot
- 5,908 SF total office and storage space: 1,984 SF office showroom, 330 SF additional office, and 2,734 SF enclosed storage
- Approximately 20,000 SF of yard space plus four C containers adding 860 SF of extra storage
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
$58,912
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
3.93%
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%
$1,178,240
$1.2M
Cap Rate 7%
$841,600
$841.6K
Cap Rate 9%
$654,578
$654.6K
Market Conditions
NOI Build-Up for 5,908 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
$73.7K $12.48/SF
− Vacancy
−$4.4K −$0.75/SF
EGI
$69.3K $11.73/SF
− OpEx
−$10.4K −$1.76/SF
NOI
$58.9K $9.97/SF
Area
San Bernardino County, CA
Vacancy
6.00%
Lease Rate
$12.48 /SF/Yr
Expense Ratio
15.00%
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%
$1,178,240
Cap Rate 7%
$841,600
Cap Rate 9%
$654,578
Alternative Uses
Best Use
Warehouse
$841.6K
$736.4K – $981.9K
NOI $58,912 @ 7.0% cap · market cap 3.93%
Second Best
Industrial
$693.1K
$606.5K – $808.6K
NOI $48,516 @ 7.0% cap · market cap 3.23%
Theoretical Best
Office A
$1.25M
$1.09M – $1.45M
NOI $87,234 @ 7.0% cap · market cap 5.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
Demographics for 92325, CA
9,892
Population
6,692
Households
1.5
Avg Household Size
45
Median Age
28%
College-Educated
90%
High-School Grad
8.7 sq mi
ZIP Area
1,137
Density / Sq Mi
$79,254
Median Household Income
$49,704
Median Earnings
$1,514
Median Rent
$358,300
Median Home Value
Market
Vacancy Rate% for Industrial 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?
Flex space - Warehouse, office, and sizable yard area with secure perimeter fencing and truck-friendly dual access for flexible storage and operations.
Where is this flex space located?
The property is located at 25266 Hwy 18 Crestline, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 1984‑built commercial property on Hwy 18 in Crestline, CA on a 0.58‑acre lot; 5,908 SF total office and storage space: 1,984 SF office showroom, 330 SF additional office, and 2,734 SF enclosed storage; Approximately 20,000 SF of yard space plus four C containers adding 860 SF of extra storage
