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
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1250 Highland Ave San Bernardino, CA 92404-4608

    • Car washes
    • 4,000 SF
    • 0.81 lot acres
    OFF-MARKET
    Last Sale
    Jan 21, 2025
    $625,000
    Value Estimations
    $705,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-1040596
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Car washes

    Property Details for 1250 Highland Ave

    Year built
    1980
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.81 lot acres
    Property size
    4,000 SF
    Property type
    Car washes
    APN
    0150-392-11-0000
    APU
    150392110000

    Description

    This exceptional car wash business opportunity in San Bernardino, CA, is situated on a 35,100 sq ft lot (APN: 0150-392-11-0000) at 1250 E Highland Ave, 92404. Currently closed, this property presents a unique chance for a new owner to establish an express, full-service, or flex car wash operation. The location boasts significant advantages, including high visibility due to its proximity to busy I-215 and 210 freeway off-ramps on Highland Avenue. A densely populated area with over 263,000 residents and 98,000 employees within a 5-mile radius ensures a substantial customer base. An express car wash configuration could incorporate approximately a 120-foot tunnel, 23 vacuums, and a two-lane entry. The sale includes the real estate, and seller financing is available. Consult with your advisors and the city to determine the optimal operational model for your investment. This is a turnkey opportunity to capitalize on a prime location and high-demand service. The property is ready for a new operator and new equipment.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $640,000
      ML approach
      $605,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $892,000
      Market price range: $257k - $892k

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $800,000
      Current use
      WAREHOUSE, STORAGE
      $735,000
      Change: -8% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Bernardino
    County
    San Bernardino
    State
    California
    Longitude
    -117.26
    Latitude
    34.1363
    CBSA code
    40140
    CBSA name
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $36,772
    $627,300
    $2,595,900
    $3,223,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $485,000
      8,280 SF

      Lugo Ave

      PARKING LOT • 8,280 SF
      Lugo Ave, San Bernardino, CA 92404
      View Details
    • Value Estimation
      $340,000
      2,094 SF

      1189 Lynwood Dr

      SERVICE STATION (FULL SERVICE) • 2,094 SF
      1189 Lynwood Dr, San Bernardino, CA 92404-2569
      View Details
    • Value Estimation
      $340,000
      7,385 SF

      Waterman Ave

      PARKING LOT • 7,385 SF
      Waterman Ave, San Bernardino, CA 92404
      View Details
    • Value Estimation
      $330,000
      6,885 SF

      2909 Waterman Ave

      PARKING LOT • 6,885 SF
      2909 Waterman Ave, San Bernardino, CA 92404-3956
      View Details
    • Value Estimation
      $410,000
      8,280 SF

      Lugo Ave

      PARKING LOT • 8,280 SF
      Lugo Ave, San Bernardino, CA 92404
      View Details
    • Value Estimation
      $300,000
      6,900 SF

      Lugo Ave

      PARKING LOT • 6,900 SF
      Lugo Ave, San Bernardino, CA 92404
      View Details

    Similar Nearby for Sale

    • $1,649,000
      7,964 SF

      San Bernardino Commercial Property For Sale

      7,964 SF commercial property with rental income in San Bernardino.
      7282 Tippecanoe Ave, San Bernardino, CA 92404
      View Details
    • $430,000
      1,282 SF

      San Bernardino Commercial/Residential Opportunity

      Commercial/residential property with expansion potential in a high-traffic area.
      1532 N Waterman Ave, San Bernardino, CA 92404
      View Details
    • $3,499,999
      41,604 SF

      Harbor Freight Anchored Retail Center

      100% leased mixed-use retail center with large parking lot.
      1666 E Highland Ave, San Bernardino, CA 92404
      View Details
    • $3,499,999
      41,604 SF

      Fully Leased Retail Center

      Fully leased retail center available for sale.
      1666-1668 E Highland Ave, San Bernardino, CA 92404
      View Details
    • $149,000

      Turnkey Mexican Restaurant with Drive-Thru

      Profitable, fully operational fast food restaurant with drive-thru for sale.
      2390 Del Rosa Ave, San Bernardino, CA 92404
      View Details
    • $675,000
      6,400 SF

      Retail Building For Sale

      Retail building available for purchase in San Bernardino, CA.
      457 W Highland Ave, San Bernardino, CA 92404
      View Details

    Similar Nearby for Lease

    • $4,700 /Mo
      5,000 SF

      San Bernardino Retail Opportunity

      5,000 sq ft retail space in San Bernardino, CA.
      1700 W Highland Ave, San Bernardino, CA 92404
      View Details
    • $4,500 /Mo
      2,196 SF

      Refurbished Commercial Space in San Bernardino

      Recently renovated commercial property suitable for various business ventures.
      1731 E Highland Ave, San Bernardino, CA 92404
      View Details
    • Contact for pricing
      1,200 SF

      San Bernardino Retail Space Available

      Retail spaces available in multi-tenant neighborhood center, San Bernardino.
      2210 E Highland Ave, San Bernardino, CA 92404
      View Details
    • $0.09 SF/Yr
      10,000 SF

      San Bernardino Retail Space Available

      Retail space in high-traffic Stater Bros. Shopping Center.
      1470 Highland Ave, San Bernardino, CA 92404
      View Details
    • $2.00 SF/Yr

      Retail Space in Seley Plaza

      Retail space for lease in a high-traffic San Bernardino location.
      2002 East Highland Ave, San Bernardino, CA 92404
      View Details
    • Contact for pricing
      1,224 SF

      San Bernardino Retail Space Available

      Retail space for lease in multi-tenant neighborhood center.
      2210 E Highland Ave, San Bernardino, CA 92404
      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.
    1250 Highland Ave
    San Bernardino, CA 92404-4608
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.