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

    156 K St San Bernardino, CA 92410-2366

    • Grocery and convenience stores
    • 949 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimations
    $240,000
    Show details
    Cap Rate Potential
    4.3%
    Grocery and convenience stores
    Location Intelligence
    Property ID
    US10-1208807
    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

    • K Street Market / Liquor Store
    • Bitcoin ATM San Bernardino - Coinhub / Atm / Currency Exchange Service
    • Western Union / Money Transfer Service / Money Order Service

    Property Details for 156 K St

    Year built
    1918
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.11 lot acres
    Property size
    949 SF
    Property type
    Grocery and convenience stores
    APN
    0137-032-24-0000
    APU
    137032240000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $295,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $215,000
      6.5%
      $195,000
      7%
      $185,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $237,000
      Market price range: $71.0k - $238k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $415,000
      COMMERCIAL (GENERAL)
      $285,000
      MEDICAL BUILDING
      $275,000
      NEIGHBORHOOD: SHOPPING CENTER
      $255,000
      AUTO REPAIR, GARAGE
      $190,000

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

    Location Insight

    • Map
    • Local Demand
    City
    San Bernardino
    County
    San Bernardino
    State
    California
    Longitude
    -117.308
    Latitude
    34.0995
    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
    $2,476
    $33,465
    $156,172
    $189,637
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $430,000
      2,640 SF

      306 Base Line St

      GROCERY, SUPERMARKET • 2,640 SF
      306 Base Line St, San Bernardino, CA 92410-3518
      View Details
    • Value Estimation
      $1,835,000
      984 SF

      235 Base Line St

      CONVENIENCE STORE (W/FUEL PUMP) • 984 SF
      235 Base Line St, San Bernardino, CA 92410-3728
      View Details
    • Value Estimation
      $335,000
      2,880 SF

      2000 Rialto Ave

      GROCERY, SUPERMARKET • 2,880 SF
      2000 Rialto Ave, San Bernardino, CA 92410-1509
      View Details
    • Value Estimation by Request
      49,045 SF

      324 Base Line St

      Lifestyle centers • 49,045 SF
      324 Base Line St, San Bernardino, CA 92410
      View Details
    • Value Estimation
      $405,000
      2,452 SF

      1225 2nd St

      GROCERY, SUPERMARKET • 2,452 SF
      1225 2nd St, San Bernardino, CA 92410-1708
      View Details
    • Value Estimation
      $290,000
      1,456 SF

      25717 Base Line St

      CONVENIENCE STORE • 1,456 SF
      25717 Base Line St, San Bernardino, CA 92410-4215
      View Details

    Similar Nearby for Sale

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      85,915 SF

      La Placita Shopping Center

      Retail asset in San Bernardino with redevelopment potential.
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      San Bernardino Commercial Building For Sale

      Commercial building for sale with great visibility near downtown.
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    • $364,900
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      San Bernardino Retail/Office Opportunity

      Freestanding retail/office building in a bustling, revitalizing area.
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    • $469,000
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      San Bernardino Commercial Property For Sale

      Versatile commercial property in San Bernardino, ideal for various businesses.
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    • Contact for pricing
      97,274 SF

      Retail Shops Near Metrolink Station

      Retail spaces available in a Superior Grocer anchored shopping center.
      1184 W 2Nd St, San Bernardino, CA 92410
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    • $785,000
      4,412 SF

      Auto/Retail Building with Private Yard

      Auto/Retail building with three units and private yard for sale.
      1090 N E St, San Bernardino, CA 92410
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    Similar Nearby for Lease

    • Contact for pricing
      1,560 SF

      Baseline & Mountainview Retail Pad

      San Bernardino Retail Space - 1,560 SF
      200 Base Line St, San Bernardino, CA 92410
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space Near Airport

      Retail space available for lease near San Bernardino International Airport.
      25362 3Rd St, San Bernardino, CA 92410
      View Details
    • $18 SF/Yr
      150,000 SF

      Waterman Avenue Shopping Center Opportunity

      Prime Retail Space, High Traffic Area
      905-1003 Waterman Ave, San Bernardino, CA 92410
      View Details
    • $0.25 SF/Yr
      103,670 SF

      Paved Yard with On-Site Security

      2.38-acre paved yard with security, ideal for parking/storage.
      1605 East Base Line St, San Bernardino, CA 92410
      View Details
    • $13 SF/Yr
      148,573 SF

      San Bernardino Retail Space

      High-traffic, former 99 Cents Store
      1003 Waterman Ave, San Bernardino, CA 92410
      View Details
    • $36,000
      6,032 SF

      Baseline Trio: Restaurant Opportunity

      Three San Bernardino restaurants, 6,032 sq ft total.
      225 Base Line St, San Bernardino, CA 92410
      View Details
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    156 K St
    San Bernardino, CA 92410-2366
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    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
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