Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3889 Highland Ave Highland, CA 92346

    • Investment properties
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details for 3889 Highland Ave

    Year built
    2009
    Property type
    Investment properties

    Description

    This exceptional business opportunity presents a well-established dry cleaning operation located at 3889 Highland Avenue in Highland, CA. Successfully serving the Highland community since 2007, this turnkey business boasts a loyal customer base and a highly desirable location. The sale includes the established business, offering immediate income potential for the new owner. Detailed financial information and operational specifics will be shared with qualified buyers after the execution of a non-disclosure agreement. This presents a unique chance for an experienced dry cleaning professional to expand their existing portfolio or for an entrepreneur seeking a profitable, established business with a proven track record. The business is ready for immediate operation, requiring minimal setup or transition time. Serious inquiries are encouraged to explore this lucrative opportunity in a thriving market. The property itself is not included in the sale

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Highland
    County
    San Bernardino
    State
    California
    Longitude
    -117.201
    Latitude
    34.1357

    Comparable in this City

    • Value Estimation by Request
      797 SF

      3371 Highland Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 797 SF
      3371 Highland Ave, Highland, CA 92346-2108
      View Details
    • Value Estimation
      $2,675,000
      875 SF

      26432 6th St

      OFFICE/RESIDENTIAL (MIXED USE) • 875 SF
      26432 6th St, Highland, CA 92346-4012
      View Details
    • Value Estimation by Request
      25,200 SF

      1672 Palm Ave

      Investment properties • 25,200 SF
      1672 Palm Ave, Highland, CA 92346
      View Details
    • Value Estimation by Request
      1,238 SF

      3365 Highland Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,238 SF
      3365 Highland Ave, Highland, CA 92346-2108
      View Details
    • Value Estimation by Request
      762 SF

      7250 Knob Hl Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 762 SF
      7250 Knob Hl Rd, Highland, CA 92346-2829
      View Details
    • Value Estimation by Request
      1,904 SF

      1944 Palm Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,904 SF
      1944 Palm Ave, Highland, CA 92346-2505
      View Details

    Similar Nearby for Sale

    • $650,000

      Highland Dry Cleaners - Turnkey Business

      Profitable Dry Cleaner in Prime Location
      7221 Boulder Ave, Highland, CA 92346
      View Details
    • $5,000,000
      25,200 SF

      Highland Historic District Warehouse

      1.4-Acre Warehouse, 25,200 SF
      1672 Palm Ave, Highland, CA 92346
      View Details
    • $2,600,000
      17,200 SF

      Highland Plaza: Prime Retail Investment

      17,200 SF Shopping Center, Value-Add Opportunity
      2102 Palm Ave, Highland, CA 92346
      View Details
    • $2,100,000
      10,880 SF

      Highland Industrial Building - $2.1M

      Versatile 10,880 SF industrial building, ideal for multiple tenants.
      27437 5Th St, Highland, CA 92346
      View Details
    • Contact for pricing
      3,562 SF

      Highland Medical Office Complex

      Prime Medical Office Space, 3,562 SF
      7035-7045 Palm Ave, Highland, CA 92346
      View Details
    • $109,900
      1,600 SF

      Valencia Lea Exquisite Home

      Spacious 2 bed, 2 bath home in 55+ community.
      3850 Atlantic Ave, Highland, CA 92346
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      792 SF

      Retail Space on Victoria Avenue

      In-line retail space suitable for various businesses.
      6909 Victoria Ave, Highland, CA 92346
      View Details
    • Contact for pricing
      50,094 SF

      Highland Truck Yard Sublease

      Fenced truck yard with 50+ trailer spaces for sublease.
      NW 6Th St, Highland, CA 92346
      View Details
    • Contact for pricing

      Highland Specialty Property for Rent

      Specialty property available for rent in Highland, California.
      7820 Victoria Ave, Highland, CA 92346
      View Details
    • Contact for pricing
      69,365 SF

      Highland Retail Center Investment Opportunity

      Prime Highland retail space available.
      28930-28988 Greenspot Rd, Highland, CA 92346
      View Details
    • Contact for pricing
      284,917 SF

      Highland Warehouse - 284,917 SF

      Massive Industrial Warehouse, Prime Location
      0 Meines St & Palm Ave, Highland, CA 92346
      View Details
    • Contact for pricing
      14,433 SF

      Retail Space Near Car Wash

      Retail property available for lease near Quick Quack Car Wash.
      5th St. Greenspot Rd. & Boulder Ave, Highland, CA 92346
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3889 Highland Ave
    Highland, CA 92346
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.