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    26916 Baseline St Highland, CA 92346-3159
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    Property profile & analytics

    26916 Baseline St, Highland, CA 92346-3159

    View on Map
    • Grocery and convenience stores
    • 2,400 SF
    • 0.37 lot acres
    Off-Market
    Last Sale Jun 5, 2023
    $275,000
    Property ID
    US10-1494040
    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

    • One Stop Liquor / (Bike/Boat/Book/etc) Store / Wine and Liquor Store
    • Primo Water Refill / Big Box & Wholesale Store

    Property Details for 26916 Baseline St

    Year built
    1968
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.37 lot acres
    Property type
    Grocery and convenience stores
    APN
    1191-461-01-0000
    APU
    1191461010000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 5, 2023 — Min Jun Choi Min Jun Choi Intrafamily Transfer · related $165k · Us Bank NA
    Jun 20, 2018 — Min J Choi — Deed · related $239k · Hanmi Bk
    Feb 26, 2013 — Min J Choi Lee,soo J Grant Deed · related $270k · Hanmi Bank
    Nov 30, 2010 — Soo J Lee Lee,sang C Quit Claim Deed · related —
    Feb 24, 2010 — Sang C Lee Lee,sang C Quit Claim Deed · related —
    Jun 27, 2006 $275,000 Sang Chul Lee Hee Ju Kim Grant Deed $350k · Hanmi Bank
    Jul 19, 2005 $545,000 Hee J Kim Bae,jin O Grant Deed $354k · Hanmi Bank
    Feb 28, 2005 $450,000 Jin O Bae Michael Yong Kim Grant Deed $450k · Saehan Bank
    Apr 24, 1992 $280,000 Michael Y Kim Chung,yong Grant Deed $169k · Imperial Thrift & Loan
    — — Min J Choi — Loan Modification · related $239k · Hanmi Bk

    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
    -117.217
    Latitude
    34.1216
    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
    $5,577
    $144,446
    $307,734
    $452,180
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $4,455,000
      10,582 SF

      27627 Baseline St

      CONVENIENCE STORE (W/FUEL PUMP)
      27627 Baseline St, Highland, CA 92346-6408
      View Details
    • Value Estimation
      $640,000
      2,416 SF

      26492 Highland Ave

      CONVENIENCE STORE (W/FUEL PUMP)
      26492 Highland Ave, Highland, CA 92346-2136
      View Details
    • Value Estimation by Request
      1,736 SF

      3588 Highland Ave

      CONVENIENCE STORE (W/FUEL PUMP)
      3588 Highland Ave, Highland, CA 92346-2217
      View Details
    • Value Estimation by Request
      8,500 SF

      26534 9Th St

      Individual retail properties
      26534 9Th St, Highland, CA 92346
      View Details
    • Value Estimation
      $590,000
      3,850 SF

      27767 Baseline St

      CONVENIENCE STORE (W/FUEL PUMP)
      27767 Baseline St, Highland, CA 92346-3394
      View Details
    • Value Estimation
      $8,075,000
      4,190 SF

      27981 Greenspot Rd

      CONVENIENCE STORE (W/FUEL PUMP)
      27981 Greenspot Rd, Highland, CA 92346-4440
      View Details

    Similar Nearby for Sale

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      Established Restaurant Business Opportunity

      Profitable Highland restaurant for sale with excellent community reputation.
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      2,400 SF

      Highland Automotive Repair Opportunity

      2,400 SF auto shop on 14,225 SF lot.
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      Freestanding Building with Gated Lot

      Freestanding building with large gated lot, great potential.
      26531 Baseline St, Highland, CA 92346
      View Details
    • $1,190,000

      Highland Retail Investment Opportunity

      Single-tenant retail investment with upside potential in Highland, California.
      25716 Baseline St, Highland, CA 92346
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      845 SF

      Retail Space on Victoria Avenue

      In-line retail space suitable for various businesses.
      6909 Victoria Ave, Highland, CA 92346
      View Details
    • $2 SF/Yr

      Highland Avenue Retail/Office Suites

      Retail and office suites available for lease in Highland.
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    • $3,450 /Mo

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      Retail space suitable for service-oriented businesses in North East Highland.
      7223 Church St, Highland, CA 92346
      View Details
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    Highland, CA 92346-3159
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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.

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