1250 Highland Ave San Bernardino, CA 92404-4608
- Car washes
- 4,000 SF
- 0.81 lot acres
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 Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $640,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $635,000
- 6.5%
- $590,000
- 7%
- $580,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $690,000
- Geo Method
- $610,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $740,000
- Retail
- $730,000
- Mixed-Use
- $590,000
- Hospitality
- $710,000
- Educational
- $640,000
- Residential Income
- $790,000
- Energy
- $625,000
- Income-Based Land
- $675,000
- Food Service
- $640,000
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