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    Crestline Commercial Property on Hwy 18 Title is generated by Realmo AI

    25266 Rim Of The World Hwy, Crestline, CA 92325

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    For Sale
    $1,500,000

    Versatile commercial property on 0.58 acres with extensive storage.

    Property size:
    5,908 SF
    Lot size:
    0.41 Acres
    Price / SF:
    $253/SF
    Added:
    Jan 31, 2024
    Days on Market:
    888
    Last Refresh:
    Jul 3 at 10:13 pm

    Property Features for 25266 Rim Of The World Hwy

    General Information

    Standard status
    Active
    Size
    5,908 SF
    Lot size
    0.41 Acres

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    Steven Keefe
    Steven Keefe

    Listing office COLDWELL BANKER SKY RIDGE REALTY

    Listing date Jan 31, 2024

    Source Exprealty

    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

    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.
    • Secure property with a robust 9‑foot fence surrounding the entire perimeter.
    • Dual egress/ingress points, designed for easy access and maneuverability of commercial trucks.
    • Backup generator ensures uninterrupted business operations during power outages.

    Overview

    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.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $127.6k $21.60
    − Vacancy −$6.6k −$1.12
    EGI $121.0k $20.48
    − OpEx −$36.3k −$6.14
    NOI $84.7k $14.33
    5,908 SF · lease $21.60/SF/yr · vacancy 5.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.21M
    $1.06M – $1.41M (±1% cap)
    NOI $84,684 @ 7.0% cap · market cap 5.65%
    Second Best
    Office B
    $993.4K
    $869.2K – $1.16M (±1% cap)
    NOI $69,539 @ 7.0% cap · market cap 4.64%
    Theoretical Best
    Office A
    $1.25M
    $1.09M – $1.45M (±1% cap)
    NOI $87,234 @ 7.0% cap · market cap 5.82%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Crestline
    County
    San Bernardino
    State
    California
    Longitude
    -117.218
    Latitude
    34.198

    FAQs

    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.
    More about this property
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