270 Base Line StSan Bernardino, CA 92410

Property Details for 270 Base Line St

Year built

2004

Construction

WOOD FRAME

Lot size

0.59 AC

Property size (Sq ft)

5,000 SF

Property type

Office properties

Property subtype

Other office properties

APN

0146-243-36-0000

APU

146243360000

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $1,166,284

  6.5%

  $1,076,570

  7%

  $999,672

• Comparable approach

  Method

  Valuation

  Relative Method

  $781,083

  Geo Method

  $1,594,091

• Alternative Use

  Use

  Valuation

  Residential

  $1,334,947

  Hospitality

  $1,222,804

  Educational

  $1,017,359

  Medical

  $1,052,347

  Retail

  $1,582,558

Location Insight

City

San Bernardino

County

San Bernardino

State

California

Latitude

34.1217

Longitude

-117.28

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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