Versatile Mixed-Use Property in
For Sale
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27157 Twenty Mule Team Rd, Boron, CA 93516
Commercial property on a large lot with versatile space.
Property Size2,337 SF
Lot Size0.87 Acres
Price / SF$106.97
Days on Market760
Property Features for 27157 Twenty Mule Team Rd
General Information
Standard status
Active
Size
2,337 SF
Lot size
0.87 Acres
Property subtype
Mixed Use
Zoning
c-2
Building Details
Year Built
1966
Buildings
1
Stories
1
Listing Agency:
JohnHart Real Estate
Listed By:
Syuzi Hakobyan · License #CA 02126702
(818) 640-0208
Source:
Crexi
Added: Sep 10, 2024
Changed: Sep 12
Last Checked: Oct 7 at 10:55AM
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 JohnHart Real Estate
Investment Insights
Based on property information with market context.
Located on a well-known street in Boron, this mixed-use commercial property offers a versatile space of 2,337 SqFt, situated on a 37,897 SqFt lot. The property is suitable for a business, office, or warehouse. Included in the sale are lifts, compressors, racks, a swamp cooler, and a machine for changing tires. The property features new plumbing with new drainage. Its location on Twenty Mule Team Road provides excellent visibility.
Key Highlights
- Large 37,897 SqFt lot size offers ample space for various uses.
- Includes essential equipment: Lifts, compressors, racks, swamp cooler and machine to change tires.
- Versatile 2,337 SqFt mixed‑use space suitable for business, office, or warehouse.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,191
Cap Rate
7.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$383,820
$383.8K
Cap Rate 7%
$274,157
$274.2K
Cap Rate 9%
$213,233
$213.2K
Market Conditions
NOI Build-Up for 2,337 SF
Gross rent
$29.2K $12.48/SF
− Vacancy
−$1.7K −$0.75/SF
EGI
$27.4K $11.73/SF
− OpEx
−$8.2K −$3.52/SF
NOI
$19.2K $8.21/SF
Area
San Bernardino County, CA
Vacancy
6.00%
Lease Rate
$12.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$383,820
Cap Rate 7%
$274,157
Cap Rate 9%
$213,233
Alternative Uses
Best Use
Office B
$393.0K
$343.8K – $458.5K
NOI $27,507 @ 7.0% cap · market cap 11.00%
Second Best
Warehouse
$332.9K
$291.3K – $388.4K
NOI $23,303 @ 7.0% cap · market cap 9.32%
Theoretical Best
Office A
$493.0K
$431.3K – $575.1K
NOI $34,507 @ 7.0% cap · market cap 13.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
101
Businesses Nearby
Explore this area
Business Placement
Demographics for 93516, CA
2,114
Population
1,286
Households
1.6
Avg Household Size
39
Median Age
22%
College-Educated
82%
High-School Grad
28.6 sq mi
ZIP Area
74
Density / Sq Mi
$71,250
Median Household Income
$46,163
Median Earnings
$981
Median Rent
$102,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial property on a large lot with versatile space.
Where is this mixed-use property located?
The property is located at 27157 Twenty Mule Team Rd Boron, CA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Large 37,897 SqFt lot size offers ample space for various uses.; Includes essential equipment: Lifts, compressors, racks, swamp cooler and machine to change tires.; Versatile 2,337 SqFt mixed‑use space suitable for business, office, or warehouse.
