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Property profile & analytics
OFF-MARKET Estimated value $920,000
Office Spaces

270 Base Line St San Bernardino, CA 92410-3769

5,000 SF 0.59 ac lot Built 2004
Entity Owned 17-yr Hold Free & Clear
Property ID
US10-0969257
Property summary
AI-generated overview

This exceptional value-add retail property, located at 270 E. Baseline St, San Bernardino, CA 92410, offers 4,874 square feet across three units within a ±0.59-acre lot. Built in 2004, this strip center boasts a nearly 5:1 parking ratio and enjoys a prime location on a high-traffic, signalized intersection with over 50,000 cars passing daily. Its strategic position across from a Stater Bros. grocery store ensures excellent visibility and consistent foot traffic. The property is priced well below replacement cost, presenting a compelling investment opportunity. The strong demographics, with over 150,000 people residing within a three-mile radius, further enhance its appeal. This multi-tenant retail building represents a significant value-add opportunity for investors seeking a high-return property in a thriving San Bernardino location. The property's size, location, and current pricing make it an attractive investment prospect. The building's 2004 construction suggests a relatively newer structure compared to other properties in the area. The high traffic count and proximity to a major grocery store are key features that contribute to the property's potential for strong rental income and appreciation.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2004
Construction WOOD FRAME
Total area 5,000 SF
Lot 0.59 ac (25,649 SF)
APN 0146-243-36-0000
UPID US10-0969257
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Cost-U-Less Insurance Center Insurance Agency
  • Mother's Nutritional Center Grocery & Convenience Store Food Market
  • MoneyGram Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$955k
CAP Approach CAP
$1.18M
Comparable Approach Comparable
by Request
Blend (final) Blend
$920k
Owner & transaction history
Foresome Real Estate LLC · 17 yrs held
Foresome Real Estate LLC
since 2009
Last sale
$900,000
4 recorded transactions
2009
Price N/A
2008
Price N/A
2008
Price N/A
2003
$250,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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