Technical
Financial
Distress signals
Property profile

291 Highland Ave E Highland San Bernardino, CA 92404

FOR SALE
Retail space
Property ID
US10-0993535
1,728 SF 0.25 ac lot Built 1952
Individually Owned 13-yr Hold Free & Clear
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291 Highland Ave E Highland, San Bernardino, CA 92404 For Sale
$2,995,000 1,728 SF
291 Highland Ave E Highland, San Bernardino, CA 92404
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Property summary

AI-generated overview

This exceptional investment opportunity presents three buildings totaling 5,494 square feet situated on a 0.76-acre lot in San Bernardino, CA. The property boasts a 100% occupancy rate, generating a strong return on investment. Strategically located at the signalized intersection of Highland Avenue and Waterman Avenue, this high-traffic area sees over 50,000 vehicles daily. The property benefits from its proximity to Dignity Health St. Bernardine Medical Center, a major 342-bed hospital, and the 210 Freeway (154,000 cars daily). This prime location is surrounded by a dense retail corridor, including well-known national and regional tenants such as Stater Bros Markets, Wells Fargo Bank, Walgreens, CVS Pharmacy, dd's Discounts, Chase Bank, Bank of America, and Cardenas Market. The strong demographics, with over 305,000 people within a 5-mile radius, further solidify the investment potential. The property consists of three buildings on three separate parcels, identified by APN numbers 0146-032-12, 13 & 14-0000. The asking price is $3,600,000, representing a price per square foot of $655.26. This is a core investment opportunity with significant upside potential in a thriving retail market. The property is classified as retail and mixed-use, with a storefront subtype.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1952
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,728 SF
Lot 0.25 ac (11,000 SF)
APN 0146-032-12-0000
UPID US10-0993535

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Sustainability Organization

Location

291 Highland Ave E Highland San Bernardino, CA 92404
San Bernardino metro Census 5400 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

since 2012
5 recorded transactions
2012
Price N/A
2008
Price N/A
2006
Price N/A
1998
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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