111 Main St Barstow, CA 92311
- Retail space
- 4,800 SF
- 0.11 lot acres
Current Use by Public Records
- Main Street Murals / Tourist Attraction
Property Details for 111 Main St
- Year built
- 1928
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.11 lot acres
- Property size
- 4,800 SF
- Property type
- Retail space
- APN
- 0181-072-22-0000
- APU
- 181072220000
Description
This exceptional 5,600 square foot, two-story retail building presents a unique investment opportunity in the heart of Barstow, California. Situated on a 0.11-acre lot on historic Route 66, this property boasts high visibility and consistent tourist traffic. The building includes a fully finished basement, adding significant usable space. An additional 0.32-acre lot is also included, providing ample parking or potential for future expansion. This versatile property is ideal for a variety of uses, including retail, office space, or creative adaptations. The strategic location benefits from Barstow's anticipated economic boom, fueled by the development of BNSF's 4,500-acre facility, projected to generate 20,000 new jobs. This presents a compelling investment opportunity in a rapidly developing area. The property's blank canvas allows for a visionary investor to create a truly remarkable space, capitalizing on the significant growth potential of Barstow. The asking price for this prime retail location is $335,000. Don't miss this chance to be a part of Barstow's exciting future.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $230,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $200,000
- 6.5%
- $195,000
- 7%
- $180,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $215,000
- Geo Method
- $180,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $165,000
- Retail
- $190,000
- Mixed-Use
- $220,000
- Hospitality
- $165,000
- Educational
- $165,000
- Residential Income
- $205,000
- Energy
- $190,000
- Income-Based Land
- $210,000
- Food Service
- $200,000
Location Insight
- Map
- Local Demand
- City
- Barstow
- County
- San Bernardino
- State
- California
- Longitude
- -117.027
- Latitude
- 34.899
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA