C-2 Corner Storefront
For Sale
$539,000
41370 Big Bear Boulevard, Big Bear Lake, CA 92315
Retail building with off-street parking, level access, and an established retail-use history.
Property Size2,351 SF
Price / SF$229.26
Days on Market147
Property Features for 41370 Big Bear Boulevard
General Information
Standard status
Active
Size
2,351 SF
Property subtype
General Commercial
Zoning
C-2
Additional Details
Corner Location
Yes
Amenities
3
Parking.
Off Street.
Level
56 x 93
City Road, Paved Road, Level.
Building Details
Year Built
1966
Listing Agency:
Re/Max Big Bear
(951) 906-8983
Listed By:
Bob Chaney · License #00880325
(951) 906-8983
Source:
Xome
Added: Apr 5
Changed: Aug 29
Last Checked: Aug 29 at 3:20PM
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 Re/Max Big Bear
Investment Insights
Based on property information with market context.
This 2,351-square-foot storefront property was built in 1966 and is situated on a level 56 x 93 lot. The building has supported retail and real estate office uses, and it currently accommodates Cabin Fever retail sales. C-2 commercial zoning applies to the property.
The site occupies a corner position along Big Bear Boulevard with exposure to Big Bear Boulevard and Conklin Avenue. Access is provided by a paved city road, and the property includes off-street parking. The combination of a storefront building, level site, and commercial zoning supports continued consideration for retail use.
The site occupies a corner position along Big Bear Boulevard with exposure to Big Bear Boulevard and Conklin Avenue. Access is provided by a paved city road, and the property includes off-street parking. The combination of a storefront building, level site, and commercial zoning supports continued consideration for retail use.
Key Highlights
- 2,351 SF storefront building built in 1966
- C‑2 commercial zoning
- Corner lot with Big Bear Boulevard and Conklin Avenue exposure
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
$33,699
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
6.25%
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%
$673,980
$674.0K
Cap Rate 7%
$481,414
$481.4K
Cap Rate 9%
$374,433
$374.4K
Market Conditions
NOI Build-Up for 2,351 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
$50.8K $21.60/SF
− Vacancy
−$2.6K −$1.12/SF
EGI
$48.1K $20.48/SF
− OpEx
−$14.4K −$6.14/SF
NOI
$33.7K $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 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%
$673,980
Cap Rate 7%
$481,414
Cap Rate 9%
$374,433
Alternative Uses
Best Use
Retail
$481.4K
$421.2K – $561.7K
NOI $33,699 @ 7.0% cap · market cap 6.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$495.9K
$433.9K – $578.6K
NOI $34,714 @ 7.0% cap · market cap 6.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
566
Businesses Nearby
66k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 61%
Shops & Services 20%
Apparel 19%
Taco Bell
Dining
18,231 visits/mo
0.3 miles
76
Shops & Services
13,483 visits/mo
0.1 miles
Denny's
Dining
13,338 visits/mo
0.2 miles
Big 5 Sporting Goods
Apparel
11,914 visits/mo
0.0 miles
El Pollo Loco
Dining
9,034 visits/mo
0.1 miles
Demographics for 92315, CA
5,148
Population
9,861
Households
0.5
Avg Household Size
51
Median Age
34%
College-Educated
92%
High-School Grad
29.4 sq mi
ZIP Area
175
Density / Sq Mi
$79,293
Median Household Income
$43,778
Median Earnings
$1,278
Median Rent
$538,200
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Vons Floral — 42170 Big Bear Blvd, Big Bear Lake, CA 92315
Frequently Asked Questions
What type of property is this?
Storefront property - Retail building with off-street parking, level access, and an established retail-use history.
Where is this storefront property located?
The property is located at 41370 Big Bear Boulevard Big Bear Lake, CA.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: 2,351 SF storefront building built in 1966; C‑2 commercial zoning; Corner lot with Big Bear Boulevard and Conklin Avenue exposure
