Building Details

Building Size 5,190 SF

Year Built 1923

Listing Agency: h***@humanelement.me

Listed By: Human Element | Char Costantino CA DRE# 02176942 Show Phone

Source: Humanelementre

Added: Sep 10, 2025 Changed: Oct 26 Last Checked: Oct 26 at 3:53PM

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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 Human Element | Char Costantino CA DRE# 02176942

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Investment Insights

Based on property information with market context.

Across from Oak Tree Mountain shops in Oak Glen, this mixed-use property spans 4.2 acres across two parcels. Improvements include retail space of approximately 980 square feet, two homes, outbuildings, and a guest cabin with a kitchenette and three-quarter bath. The 1923 homestead has open-beam ceilings, an open kitchen, two bedrooms, and a bonus room. The second residence, built in 1997, offers two bedrooms, an office, a loft, and viewing decks.

The combined acreage is zoned commercial with residential use. The main parcel includes a large storage building, while the adjoining 1.2-acre parcel is at 39001 Harris Road. Each property has separate systems and its own well with holding tanks. The site is in Oak Glen’s tourist community, across from Oak Tree Mountain shops.

Key Highlights

• 4.2 acres across two parcels, zoned commercial with residential use
• Retail space of approximately 980 square feet
• 1923 homestead with two bedrooms, open‑beam ceilings, and a bonus room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$74,392

Cap Rate

4.02%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,487,840 $1.5M

Cap Rate 7%

$1,062,743 $1.1M

Cap Rate 9%

$826,578 $826.6K

Is this asking price fair?

Market Conditions

NOI Build-Up for 5,190 SF

Gross rent

$112.1K $21.60/SF

− Vacancy

−$5.8K −$1.12/SF

EGI

$106.3K $20.48/SF

− OpEx

−$31.9K −$6.14/SF

NOI

$74.4K $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%

$1,487,840

Cap Rate 7%

$1,062,743

Cap Rate 9%

$826,578

Alternative Uses

Best Use

Retail

$1.06M

$929.9K – $1.24M (±1% cap)

NOI $74,392 @ 7.0% cap · market cap 4.02%

Second Best

Mixed Use

$601.1K

$526.0K – $701.3K (±1% cap)

NOI $42,078 @ 7.0% cap · market cap 2.27%

Theoretical Best

Office A

$1.09M

$957.9K – $1.28M (±1% cap)

NOI $76,633 @ 7.0% cap · market cap 4.14%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Grocery & Convenience Store Daycare Center Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

57

Businesses Nearby

Explore this area Business Placement

Demographics for 92399, CA

55,794

Population

19,382

Households

2.9

Avg Household Size

40

Median Age

26%

College-Educated

89%

High-School Grad

53.6 sq mi

ZIP Area

1,041

Density / Sq Mi

$94,718

Median Household Income

$46,011

Median Earnings

$1,658

Median Rent

$472,400

Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

Frequently Asked Questions

What type of property is this?

Mixed-use property - The 4.2-acre offering combines commercial-zoned land with residential use, two homes, a retail shop, and a guest cabin.

Where is this mixed-use property located?

The property is located at 39065 Oak Glen Road Oak Glen, CA.

What is the asking price?

The asking price for this property is $1,850,000.

What are key features of this property?

This property features: 4.2 acres across two parcels, zoned commercial with residential use; Retail space of approximately 980 square feet; 1923 homestead with two bedrooms, open‑beam ceilings, and a bonus room