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    Established Commercial Complex For Rent Title is generated by Realmo AI

    621 W Line St, Bishop, CA 93514

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    Picture of Office Units at 621 W Line St, Bishop, CA
    For Lease
    $1,400/Mo $14 SF/Yr (calc)

    COMMERCIAL - Bishop, CA

    Type:Office
    Property size:
    1,140 SF
    Added:
    Jan 16, 2026
    Days on Market:
    119
    Last Refresh:
    May 15 at 4:06 pm

    Property Features for 621 W Line St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Zoning
    Central Business, Comerci
    Patio and Porch features
    Deck
    Interior features
    Fixtures, Window Coverings, Flooring- Carpet, Dual Pane Windows
    Exterior features
    Fenced- Partial, Highway Frontage, Landscape- Partial, Sprinklers- Automatic, Trees, View of Mountains, Access- All Year, Garden Area, Gutters & Downspouts, Outdoor Lighting, View of City, Deck(s)
    Fencing
    Fenced
    Standard status
    Active
    APN
    001-110-03
    Size
    1,140 SF

    Utilities

    Heating system
    See Remarks (Heating), Central, Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1956
    Floors in Building
    2
    Roof type
    Composition, Flat
    Architectural style
    Other

    We can help!

    Listing Contact
    Stan Smith

    Listing agent Stan Smith License #00586416

    Listing office Pleasant Valley Associates 187 W Line St. STE A, Bishop, CA

    Listing date Jan 16, 2026

    MLS# 2313239

    Copyright © 2026 Inyo County MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • High‑visibility location on West Line Street near established businesses and close to schools and professional offices.
    • Excellent off‑street parking in common for tenants and customers.
    • Net/additional rent includes essential services: trash, water & sewer, parking lot maintenance, common bathrooms, landscaping, and exterior lighting.
    • Established commercial complex with a good tenant mix, generating consistent foot traffic.
    • Highway frontage and year‑round access.
    • Includes desirable features such as dual pane windows, partial landscaping, automatic sprinklers, and outdoor lighting.

    Overview

    This established commercial complex is located on West Line Street, near Dwayne's Pharmacy and the US Post Office, and close to a school complex, legal, medical, and dental offices. The property features a tenant mix designed to attract business. Grandma's Menu Restaurant fronts on West Line, providing visible activity. Alex Printing and a beauty salon contribute to foot traffic. Excellent off-street parking is available in common. Net rent includes services such as trash, water & sewer, parking lot maintenance, common bathrooms per floor, landscaping, and exterior lighting. The base rent is $921 monthly with net rent of $479 monthly. The owner seeks a 3-year minimum lease term with annual COLA increases. Longer terms and extension options are negotiable. The property is located in Bishop, CA. The property size is 1140 square feet. The zoning is Central Business, Comerci.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Friends of the Inyo Charitable Organization Wood Law Group Law Firm Frederick G Wood ... Law Firm Euphoria Salon Hair Salon Grandma's seasoning restaurant Restaurant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bishop
    County
    Inyo
    State
    California
    Longitude
    -118.4010798
    Latitude
    37.3616552

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    FAQs

    What type of property is this?
    Office units - Commercial complex with good tenant mix and excellent parking.
    Where is this office units located?
    The property is located at 621 W Line St Bishop, CA.
    What is the lease rate?
    The lease rate is $1,400 /Mo.
    What are key features of this property?
    This property features: High‑visibility location on West Line Street near established businesses and close to schools and professional offices.; Excellent off‑street parking in common for tenants and customers.; Net/additional rent includes essential services: trash, water & sewer, parking lot maintenance, common bathrooms, landscaping, and exterior lighting.
    (760) 873-7826
    We can help!
    Listing Contact
    Stan Smith
    Real Estate License ID: 00586416
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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