Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    11424 Way Unit 8 & 9 Unit 8 & 9 Adelanto, CA 92392

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Medical space for sale in Adelanto's Chamberlain Way Retail Center.

    Type:Retail
    Property size:
    1,720 SF
    Lot size:
    3.99 Acres
    Added:
    Aug 19, 2019
    Days on Market:
    2442
    Last Refresh:
    Apr 1 at 9:22 pm

    Property Features for 11424 Way Unit 8 & 9 Unit 8 & 9

    General Information

    Standard status
    Active
    Size
    1,720 SF
    Lot size
    3.99 Acres
    Property subtype
    Retail

    We can help!

    Listing Contact
    Paul Tan

    Listing agent Paul Tan

    Listing office

    Listing date Aug 19, 2019

    Source Xome

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Paul Tan

    Overview

    Turnkey Medical Space in Adelanto

    Available for purchase is a turnkey medical space located within the Chamberlain Way Retail Center in Adelanto. The suite, comprising Units 8 & 9, offers 1,720 square feet of space. The layout includes 5 exam rooms, 4 offices, a nurses' station area, a hazardous waste storage area, 2 toilets, and a storeroom. The Retail Center itself is a multi-tenant property encompassing approximately 14,312 square feet, situated on the northwest corner of Highway 395 and Chamberlaine Way. The property occupies 3.998 acres and is anchored by a convenience store and gas station, and also features a freestanding restaurant with a drive-thru. The location serves the Adelanto area, which is considered an underserved retail market. The Chamberlain Way Retail Center has a tenant mix that includes a convenience store, Raul's Mexican Restaurant, Saul's Fresh Produce, and Family Services of San Bernardino. This property is suited for medical or retail use.
    Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Similar Places Nearby

    • Laura McGowan, DVM — 14643 Palmdale Rd, Victorville, CA 92392
    • Vetimage Inc — 15187 Gravilla Rd, Victorville, CA 92392

    Map

    City
    Adelanto
    County
    San Bernardino
    State
    California
    Longitude
    -117.338
    Latitude
    34.5003

    Nearby Similar for Sale

    • $725,000
      3,576 SF

      Turnkey Adelanto Multifamily Investment Property

      Well-maintained 4-unit property generating $5,560 monthly gross income.
      18117 Poinciana, Adelanto, CA 92301
      View Details
    • $429,000
      1,653 SF

      Detached Triplex with Expansion Potential

      Three detached homes on one lot with expansion possibilities.
      11986 White Avenue, Adelanto, CA 92301
      View Details
    • $2,600,000
      35,880 SF

      Adelanto Commercial Building For Sale

      Under construction commercial building suitable for cannabis grow operation.
      9541 Commerce Way, Adelanto, CA 92301
      View Details
    • $148,000

      Adelanto Land for Cannabis Cultivation

      9.3 acres in ADD zone with water and electric access.
      0 Alden, Adelanto, CA 92301
      View Details
    • $6,350,000
      46,991 SF

      Adelanto Industrial Property For Sale

      Industrial property featuring multiple buildings on 4.69 acres.
      17260 Muskrat Avenue, Adelanto, CA 92301
      View Details
    • $3,750,000
      119,800 SF

      San Bernadino Warehouse Units Available

      Warehouse units for sale in prime San Bernadino location.
      9841 Bartlett Avenue, Adelanto, CA 92301
      View Details
    • $899,999

      Six-Unit Apartment Near Logistics Airport

      Six-unit apartment complex near Logistics Airport and Amazon Distribution Center.
      11246 11246 Chapparal, Adelanto, CA 92301
      View Details
    • $6,350,000
      46,991 SF

      Versatile Industrial Property in Adelanto

      Multiple buildings totaling 46,991 SF on 4.69 acres.
      17260 Muskrat Avenue, Adelanto, CA 92301
      View Details
    • $250,000
      1,800 SF

      Established Donut Shop Opportunity

      Thriving donut shop in high-traffic area with diverse menu.
      11336, Adelanto, CA 92301
      View Details
    • $10,500,000
      68,163 SF

      Adelanto Manufacturing Facility For Sale

      68,163 SF manufacturing facility on 9.32 acres for sale.
      9400 Holly Road, Adelanto, CA 92301
      View Details
    • $445,000
      1,680 SF

      Two Houses on Large Lot

      Two single-family residences on 3.65 acres in Adelanto, CA.
      20515 US Highway 395 20525, Adelanto, CA 92301
      View Details
    • $379,000

      Renovated Duplex with Income Potential

      Fully renovated duplex featuring two units with income potential.
      11754 Hardy, Adelanto, CA 92301
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Medical space for sale in Adelanto's Chamberlain Way Retail Center.
    Where is this medical office space located?
    The property is located at 11424 Way Unit 8 & 9 Unit 8 & 9 Adelanto, CA.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Turn‑key medical space (1,720 sf) featuring 5 exam rooms, 4 offices, nurses station, hazardous waste storage, 2 toilets & store room.; Located in a multi‑tenant retail center on the NWC corner of HWY 395 and Chamberlaine Way.; Anchored by a convenience store & gas station, and features a freestanding restaurant/drive‑thru.
    (760) 955-7888
    We can help!
    Listing Contact
    Paul Tan
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!