Crestline Commercial Property on Hwy
25266 Rim Of The World Hwy, Crestline, CA 92325
For Sale
$1,500,000
Versatile commercial property on 0.58 acres with extensive storage.
Property Size5,908 SF
Lot Size0.41 Acres
Price / SF$253.89
Days on Market1014
Property Features for 25266 Rim Of The World Hwy
General Information
Standard status
Size
Lot size
Listing Agency:
COLDWELL BANKER SKY RIDGE REALTY
(909) 336-2131
Listed By:
Steven Keefe · License CA #01085197
(909) 744-7690
Source:
Exprealty
Added: Jan 31, 2024
Changed: Oct 25
Last Checked: Nov 8 at 10:26AM
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 COLDWELL BANKER SKY RIDGE REALTY
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located in Crestline, CA, this commercial property is situated on 0.58 acres along Hwy 18. The property includes approximately 20,000 sq. ft. of yard space and a total of 5,908 sq. ft. of office and storage space. The office showroom provides 1,984 sq. ft., with an additional 330 sq. ft. office space and 2,734 sq. ft. of enclosed storage. Four C containers add an additional 860 sq. ft. of storage capacity. The property is secured by a 9-foot fence and features dual access points for commercial trucks and equipment. A backup generator is included. The office spaces are equipped with air conditioning. There are three restrooms, one of which includes a full shower.
Key Highlights
- Prime location on Hwy 18 in Crestline, CA, offering high visibility and accessibility.
- Substantial .58‑acre lot with approximately 20,000 sq. ft. of yard space, suitable for various business needs.
- Extensive storage capacity: 2,734 sq. ft. of enclosed storage plus an additional 860 sq. ft. from four C containers.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,684
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,693,680
$1.7M
Cap Rate 7%
$1,209,771
$1.2M
Cap Rate 9%
$940,933
$940.9K
Market Conditions
NOI Build-Up for 5,908 SF
Gross rent
$127.6K $21.60/SF
− Vacancy
−$6.6K −$1.12/SF
EGI
$121.0K $20.48/SF
− OpEx
−$36.3K −$6.14/SF
NOI
$84.7K $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%
$1,693,680
Cap Rate 7%
$1,209,771
Cap Rate 9%
$940,933
Alternative Uses
Best Use
Retail
$1.21M
$1.06M – $1.41M
NOI $84,684 @ 7.0% cap · market cap 5.65%
Second Best
Office B
$993.4K
$869.2K – $1.16M
NOI $69,539 @ 7.0% cap · market cap 4.64%
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.
How Realmo checks its estimates
Property Analytics
Current Use
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
$358,300
Median Home Value
Market
Average Price Trend$/SF for Flex space in San Bernardino County, CA
Properties on Market for Flex space in San Bernardino County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Flex space - Versatile commercial property on 0.58 acres with extensive storage.
Where is this flex space located?
The property is located at 25266 Rim Of The World Hwy 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: Prime location on Hwy 18 in Crestline, CA, offering high visibility and accessibility.; Substantial .58‑acre lot with approximately 20,000 sq. ft. of yard space, suitable for various business needs.; Extensive storage capacity: **2,734 sq. ft. of enclosed storage** plus an additional 860 sq. ft. from four C containers.
