This exceptional investment opportunity presents a 2,627 square foot gas station and convenience store in San Bernardino, CA. The property boasts a prime location on a signalized corner with direct access to the 210 Freeway, experiencing approximately 86,980 cars daily. The 0.4-acre lot houses a building constructed in 1984, featuring two multiple product dispensers with four fueling positions and a well-equipped convenience store. The store includes an 11-door walk-in cooler and a 4-door reach-in cooler, and importantly, holds a Type 20 liquor license for beer and wine sales. The high-traffic area is densely populated, with over 146,000 residents within a 3-mile radius, exhibiting a median household income exceeding $64,000. A significant daytime population of over 18,000 further enhances the property's appeal. Nearby major traffic generators include the Yaamava' Resort & Casino, San Bernardino International Airport, and the San Bernardino Soccer Complex, contributing to consistent customer flow. The unbranded gas station offers the potential for increased profitability through branding and the addition of diesel fuel and more dispensers. This turnkey operation presents a compelling opportunity for significant returns. The asking price is $3,950,000.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$891,508
6.5%
$822,930
7%
$764,149
Comparable approach
Method
Valuation
Relative Method
$1,023,531
Geo Method
$2,082,870
Alternative Use
Use
Valuation
Residential
$694,172
Hospitality
$635,858
Educational
$529,026
Medical
$547,220
Retail
$822,930
Location Insight
City
San Bernardino
County
San Bernardino
State
California
Latitude
34.1411
Longitude
-117.253
CBSA code
40140
CBSA name
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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