Property profile

242 Hospitality Ln San Bernardino, CA 92408

OFF-MARKET
Turn key restaurants
Saved · see the list in your Dashboard
Property ID
US10-1770562
5,138 SF 0.9 ac Built 1979
Last sale Jun 2021·$1,650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This freestanding restaurant building is located at 242 West Hospitality Lane in San Bernardino, California. The approximately 5,138-square-foot structure was originally built in 1979 and underwent a renovation completed in 2017, including major interior and exterior improvements. The site consists of an approximately 39,047-square-foot lot with convenient ingress and egress and extensive on-site parking, calculated at about a 6.22 parking ratio per 1,000 square feet. The property is configured as a restaurant use and has been used as a restaurant (Star Crab).

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$21k
Tax billed · 2023
Assessed value · 2024$1.75M
Assessed land$690k
Assessed improvement$1.06M
Effective rate1.22%

Value estimate

· Nov 2026
$1.72M
$1.55M – $1.89M
AI approach$1.76M
Submarket $/SF estimate$2.01M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$408/SF
Submarket average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$206 – $657
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSAN BERNARDINO

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.9
Tailor Shop9.7
Pawn Shop9.3

Location

242 Hospitality Ln San Bernardino, CA 92408-3412
County assessor Recorded deeds · 11 transfers 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
305 Redlands, San Bernardino, CA 92408-3717 $2,472,000 Oct 2024 2,904 SF
1194 Waterman, San Bernardino, CA 92408-2307 $5,700,000 Sep 2024 3,529 SF
San Bernardino, CA 92408-1942 $965,000 Dec 2022 5,000 SF
San Bernardino, CA 92408-1904 $2,700,000 Sep 2022 7,020 SF
1857 Tippecanoe, San Bernardino, CA 92408-3633 $8,200,000 Oct 2021 4,258 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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