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    26468 Baseline St Highland, CA 92346
    Property profile & analytics

    26468 Baseline St Highland, CA 92346

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    • Commercial real estate
    Off-Market
    Property ID
    US10-1622182
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 26468 Baseline St

    Property type
    Commercial real estate
    APN
    1191231340000

    Description

    This exceptional 12,125 square foot commercial lot in Highland, California (APN: 1191231340000), zoned for Commercial/Retail use, presents a unique opportunity. Priced at $240,000, this property includes complete and paid-for building permits and blueprints for a drive-thru restaurant. The plans, already approved, incorporate a design optimized for efficiency and profitability, featuring a larger kitchen layout to minimize labor costs. The design accommodates 14 parking spaces and streamlines operations with separate stations for drive-thru/take-out and dine-in customers. The kitchen's improved configuration reduces staffing needs significantly, from six cooks and one prep person to only three cooks and one prep person. The architectural design retains the charm of the original 1963 A-frame structure, incorporating the classic red and yellow color scheme and a durable seam metal roof. All necessary health and school fees are paid and up-to-date, ensuring a seamless transition for the buyer. This property represents a turnkey solution for a savvy investor looking to capitalize on a prime location and a well-conceived, cost-effective restaurant design. The previous restaurant on this site generated substantial revenue, exceeding $100,000 in monthly sales and nearly $20,000 in net profit. This is a rare chance to acquire a fully permitted and meticulously planned commercial property ready for immediate development in a high-traffic area. The property is owned by an LLC.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Highland
    County
    San Bernardino
    State
    California
    Longitude
    -117.22691593564
    Latitude
    34.121561907103

    Comparable in this City

    • $799,000
      85,203.00 Acres

      Highland Land Ready for Development

      2.25 acres approved for 40 residential units in Highland.
      Baseline St, Highland, CA 92346
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    • $1,499,000
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      Highland Church Building with Land

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      Highland Land For Sale

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      Palm Avenue Commercial Land

      Commercial land with street exposure and frontage on Palm Avenue.
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      Highland Contractor Yard for Sale

      8,276 SF fenced yard for contractor, parking, storage.
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      Highland Land For Sale

      Commercial land available east of Tippicanoe in Highland, California.
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    Similar Nearby for Sale

    • $799,000
      85,203.00 Acres

      Highland Land Ready for Development

      2.25 acres approved for 40 residential units in Highland.
      Baseline St, Highland, CA 92346
      View Details
    • $1,499,000
      0.46 Acres

      Highland Church Building with Land

      Church with income potential and development opportunity in Highland, CA.
      6979 Palm Ave, Highland, CA 92346
      View Details
    • $9,147,600
      304,920 SF

      Highland Land For Sale

      7 acres of land suitable for warehouse development.
      E 6Th St, Highland, CA 92346
      View Details
    • $2,196,000

      Palm Avenue Commercial Land

      Commercial land with street exposure and frontage on Palm Avenue.
      Nec Palm Ave. & Pacific St, San Bernardino, CA 92346
      View Details
    • $165,000

      Highland Contractor Yard for Sale

      8,276 SF fenced yard for contractor, parking, storage.
      5Th St, Highland, CA 92346
      View Details
    • $104,999

      Highland Land For Sale

      Commercial land available east of Tippicanoe in Highland, California.
      5 5Th St, Highland, CA 92346
      View Details

    Similar Nearby for Lease

    • $0.25 SF/Yr
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      Highland Land for Lease

      Land available for lease near corporate neighbors.
      27260 Meines St, Highland, CA 92346
      View Details
    • Contact for pricing

      Highland Land Available For Lease

      Land available for lease or build-to-suit in Highland, CA.
      27260 Meines St, Highland, CA 92346
      View Details
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    26468 Baseline St
    Highland, CA 92346
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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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