Restaurant Property For
For Sale
$395,000
27967 Greenspot Rd, Highland, CA 92346
Restaurant property offered for sale in Highland, California, with directions listed for access via 210 and Greenspot.
Property Size2,600 SF
Price / SF$151.92
Days on Market240
Property Features for 27967 Greenspot Rd
General Information
Standard status
Active
Size
2,600 SF
Property subtype
Commercial/Industrial
Building Details
Year Built
2021
Listing Agency:
Homesmart PV & Assoc.
(209) 544-2500
Listed By:
Mehar Jodha · License #01802718
(510) 754-7484
Source:
Exitrealty
Added: Feb 24
Changed: Sep 10
Last Checked: Sep 15 at 6:39AM
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 Homesmart PV & Assoc.
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.
This for-sale restaurant property is listed as a conventional restaurant. The offering includes a total property size of 2,600 square feet, and it is presented as commercial real estate suitable for restaurant-oriented use.
The property is located at 27967 Greenspot Rd in Highland, CA 92346. Directions are provided via “210/Greenspot,” with the site situated in San Bernardino County.
For additional details on condition, layout, and any improvements, interested parties should request the full marketing package or contact the listing broker.
The property is located at 27967 Greenspot Rd in Highland, CA 92346. Directions are provided via “210/Greenspot,” with the site situated in San Bernardino County.
For additional details on condition, layout, and any improvements, interested parties should request the full marketing package or contact the listing broker.
Key Highlights
- Restaurant property for sale in Highland, California
- Year built: 2021
- Directions listed for access via I‑210 and Greenspot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,215
Cap Rate
6.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$504,300
$504.3K
Cap Rate 7%
$360,214
$360.2K
Cap Rate 9%
$280,167
$280.2K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$35.9K $13.80/SF
− Vacancy
−$2.3K −$0.87/SF
EGI
$33.6K $12.93/SF
− OpEx
−$8.4K −$3.23/SF
NOI
$25.2K $9.70/SF
Area
San Bernardino County, CA
Vacancy
6.30%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$504,300
Cap Rate 7%
$360,214
Cap Rate 9%
$280,167
Alternative Uses
Best Use
Specialty Retail
$360.2K
$315.2K – $420.3K
NOI $25,215 @ 7.0% cap · market cap 6.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$548.4K
$479.9K – $639.8K
NOI $38,390 @ 7.0% cap · market cap 9.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
174
Businesses Nearby
167k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 59%
Home Improvements & Furnishings 24%
Shops & Services 13%
Electronics 5%
In-N-Out Burger
Dining
58,612 visits/mo
0.1 miles
Lowe's
Home Improvements & Furnishings
39,671 visits/mo
0.2 miles
Chevron
Shops & Services
20,916 visits/mo
0.1 miles
Del Taco
Dining
16,489 visits/mo
0.1 miles
AT&T
Electronics
8,159 visits/mo
0.1 miles
Demographics for 92346, CA
57,812
Population
18,075
Households
3.2
Avg Household Size
36
Median Age
25%
College-Educated
84%
High-School Grad
27.1 sq mi
ZIP Area
2,133
Density / Sq Mi
$84,818
Median Household Income
$40,066
Median Earnings
$1,654
Median Rent
$461,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant property offered for sale in Highland, California, with directions listed for access via 210 and Greenspot.
Where is this conventional restaurant located?
The property is located at 27967 Greenspot Rd Highland, CA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Restaurant property for sale in Highland, California; Year built: 2021; Directions listed for access via I‑210 and Greenspot
