Mixed-Use Building with
For Sale
$649,000
25268 Highway 18, Crestline, CA 92325
Crestline, CA
Property Size1,952 SF
Lot Size0.12 Acres
Price / SF$332.48
Days on Market133
Property Features for 25268 Highway 18
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CF/CG-SCP
Bedrooms
2
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Laundry Room, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 2
Fireplace
1
Appliances
Refrigerator, Gas Range, Gas Oven, Dishwasher
Subdivision
Crestline (CRES)
Lot features
0-1 Unit/ Acre
View
City
Elementary school district
Rim of the World
Middle school district
Rim of the World
High school district
Rim of the World
Directions
Hwy 18 to Lake Gregory Dr (Intersection with Street Light) - If heading Up from Down the Hill on Hwy 18, Building is on the Left. If heading down on Hwy 18 from Lake Arrowhed, Building is on the Right.
Standard status
Active
APN
0340245030000
Size
1,952 SF
Lot size
0.12 Acres
Utilities
Utilities
Water Available
Sewer type
Unknown
Heating system
Forced Air, Natural Gas, Central
Cooling system
Central Air
Water source
Public
Amenities
fireplace
double-pane windows
dual-zoned heating and AC
storage units
Building Details
Year built
1938
Floors in Building
2
Number of units
2
Flooring type
Wood, Vinyl
Listing Agency:
PINES TO PALMS REAL ESTATE
(909) 838-7792
Listed By:
Victoria Davis · License #01260865
(909) 838-7792
Added: Apr 12
Changed: Aug 20
Last Checked: Aug 22 at 2:06PM
MLS# IG26079482
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 standalone mixed-use building contains commercial space and a separate two-bedroom residential component within 1,952 square feet. A side staircase provides independent access to the residence, which includes a kitchen, dining area, living room, and fireplace. The property also offers several storage areas, double-pane windows, forced-air heating, central heating and cooling, and a kitchen equipped with a refrigerator, gas range, gas oven, and dishwasher. Wood and vinyl flooring are installed throughout the building.
Built in 1938, the property occupies 0.1248 acres at 25268 Highway 18 in Crestline, California. The zoning designation is CF/CG-SCP, with public water available. The combined commercial and residential configuration supports on-site occupancy alongside business use within the same standalone property.
Built in 1938, the property occupies 0.1248 acres at 25268 Highway 18 in Crestline, California. The zoning designation is CF/CG-SCP, with public water available. The combined commercial and residential configuration supports on-site occupancy alongside business use within the same standalone property.
Key Highlights
- 1,952‑square‑foot mixed‑use building with commercial space and a separate two‑bedroom residence
- Separate residential access via a side staircase
- 0.1248‑acre property at 25268 Highway 18, Crestline, CA 92325
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
$22,976
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
3.54%
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%
$459,520
$459.5K
Cap Rate 7%
$328,229
$328.2K
Cap Rate 9%
$255,289
$255.3K
Market Conditions
NOI Build-Up for 1,952 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
$33.3K $17.04/SF
− Vacancy
−$2.6K −$1.35/SF
EGI
$30.6K $15.69/SF
− OpEx
−$7.7K −$3.92/SF
NOI
$23.0K $11.77/SF
Area
San Bernardino County, CA
Vacancy
7.90%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
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%
$459,520
Cap Rate 7%
$328,229
Cap Rate 9%
$255,289
Alternative Uses
Best Use
Office B
$328.2K
$287.2K – $382.9K
NOI $22,976 @ 7.0% cap · market cap 3.54%
Second Best
Mixed Use
$226.1K
$197.8K – $263.8K
NOI $15,826 @ 7.0% cap · market cap 2.44%
Theoretical Best
Office A
$411.7K
$360.3K – $480.4K
NOI $28,822 @ 7.0% cap · market cap 4.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
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 Office 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?
Mixed-use property - Standalone commercial space with a separate two-bedroom residence, dual-zone climate control, and storage areas.
Where is this mixed-use property located?
The property is located at 25268 Highway 18 Crestline, CA.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 1,952‑square‑foot mixed‑use building with commercial space and a separate two‑bedroom residence; Separate residential access via a side staircase; 0.1248‑acre property at 25268 Highway 18, Crestline, CA 92325
