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    16990 Bear Valley Rd Victorville, CA 92395

    For Sale
    $2,900,000

    High-traffic corner lot, В±6,094 sqft

    Property size:
    6,094 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional В±6,094 square foot retail building presents a unique investment opportunity in Victorville, CA. Situated on a В±0.65-acre lot at the signalized intersection of Bear Valley Road and Hesperia Road, this property benefits from exceptional visibility and accessibility. Bear Valley Road serves as a major east-west thoroughfare connecting Victorville, Hesperia, and Apple Valley, resulting in an estimated daily traffic count of approximately 45,918 vehicles. The building's previous use as a bank highlights its suitability for a variety of commercial and professional uses, including but not limited to financial services, medical facilities, legal offices, or retail establishments. Ample parking is available, ensuring convenient access for customers and employees. This location within a larger neighborhood retail center offers a strong presence in a thriving, high-traffic area of a growing market. The property's central location within the region makes it an ideal choice for businesses seeking maximum exposure and convenient access for a wide customer base. Prospective buyers are responsible for verifying all aspects of the property and its permitted uses prior to purchase.

    Property Features for 16990 Bear Valley Rd

    General Information

    Property type
    Retail properties
    Square Feet
    6,094 SF
    Lot Size
    28,314 SF

    Building Details

    Year Built
    1987
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bank of America ATM Atm

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Victorville
    County
    San Bernardino
    State
    California
    Longitude
    -117.2923
    Latitude
    34.47124

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    FAQs

    What type of property is this?
    Retail property - High-traffic corner lot, В±6,094 sqft
    Where is this retail property located?
    The property is located at 16990 Bear Valley Rd Victorville, CA.
    What is the asking price?
    The asking price for this property is $2,900,000.
    (760) 241-5211
    Request Owner's contact information
    16990 Bear Valley Rd Victorville, CA 92395
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    Victorville, CA 92395
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    Realmo Value Estimation

    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.

    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.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16990 Bear Valley Rd Victorville, CA 92395
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