Property summary
This exceptional investment opportunity presents 12,000 square feet of retail space situated on a 1.15-acre lot in Highland, California. The property, known as Shoppes on Baseline, comprises two single-story buildings totaling 12,000 square feet, built in 1970, and features 179 parking spaces. Currently operating at 52% occupancy with month-to-month leases, this value-add property offers significant upside potential. The asking price is $2,600,000, representing a price per square foot of… $216.67 and a pro-forma cap rate of 8.72%. The property boasts a pro-forma NOI of $226,741 and benefits from annual CPI rent bumps. Zoned for general commercial use, the property includes a vacant pad, presenting a rare development opportunity in a high-growth area. The property is located at a heavily trafficked intersection, offering excellent visibility and access. Fee simple ownership allows for depreciation of existing improvements. The property's APN is 1192-011-02-0000, 1192-011-05-000, 1192-011-06-0000. This multi-tenant retail center is shadow-anchored by a Cardenas Markets, providing strong visibility and drawing power. The current in-place rental rates present a significant opportunity for rental increases.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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