Pizza Restaurant
947 Armory, Barstow, CA 92311
For Sale
$673,846
The building is part of a retail center with grocery, restaurant, banking, medical, and service businesses.
Property Size3,827 SF
Price / SF$176.08
Days on Market50
Property Features for 947 Armory
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Building Details
Building Size
Year Built
Buildings
Listing Agency:
MGR Real Estate, Inc
Listed By:
Randy Sanchez · License CA #01180997
(760) 684-2139
Source:
Elliman
Added: Sep 26
Changed: Nov 12
Last Checked: Nov 12 at 8:41AM
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 MGR Real Estate, Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,827-square-foot restaurant building is occupied in its entirety by a pizza restaurant. Constructed in 1982, it is located within a larger retail center in Barstow.
Stater Bros. Markets anchors the center, which also includes retail, restaurant, banking, medical, and service tenants. The property is just off I-15, with an established residential community to the south.
Stater Bros. Markets anchors the center, which also includes retail, restaurant, banking, medical, and service tenants. The property is just off I-15, with an established residential community to the south.
Key Highlights
- 3,827‑square‑foot building occupied by a pizza restaurant
- Built in 1982
- Located in a retail center anchored by Stater Bros. Markets
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,114
Cap Rate
5.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$742,280
$742.3K
Cap Rate 7%
$530,200
$530.2K
Cap Rate 9%
$412,378
$412.4K
Market Conditions
NOI Build-Up for 3,827 SF
Gross rent
$52.8K $13.80/SF
− Vacancy
−$3.3K −$0.87/SF
EGI
$49.5K $12.93/SF
− OpEx
−$12.4K −$3.23/SF
NOI
$37.1K $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%
$742,280
Cap Rate 7%
$530,200
Cap Rate 9%
$412,378
Alternative Uses
Best Use
Specialty Retail
$530.2K
$463.9K – $618.6K
NOI $37,114 @ 7.0% cap · market cap 5.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$807.2K
$706.3K – $941.8K
NOI $56,507 @ 7.0% cap · market cap 8.39%
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
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
452
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92311, CA
34,524
Population
13,707
Households
2.5
Avg Household Size
33
Median Age
11%
College-Educated
84%
High-School Grad
424.4 sq mi
ZIP Area
81
Density / Sq Mi
$59,338
Median Household Income
$38,871
Median Earnings
$1,081
Median Rent
$217,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Conventional restaurants in San Bernardino County, CA
Properties on Market for Conventional restaurants in San Bernardino County
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The building is part of a retail center with grocery, restaurant, banking, medical, and service businesses.
Where is this conventional restaurant located?
The property is located at 947 Armory Barstow, CA.
What is the asking price?
The asking price for this property is $673,846.
What are key features of this property?
This property features: 3,827‑square‑foot building occupied by a pizza restaurant; Built in 1982; Located in a retail center anchored by Stater Bros. Markets
