Adelanto Freestanding Industrial Building For
For Sale
Contact for pricing
16224 Koala Rd, Adelanto, CA
Freestanding industrial building with immediate freeway access in Adelanto, CA.
Property Size9,450 SF
Lot Size0.94 Acres
Price / SF$253.86
Days on Market477
Property Features for 16224 Koala Rd
General Information
Standard status
Active
Size
9,450 SF
Lot size
0.94 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Voit Real Estate Services
(949) 263-5323
Listed By:
Jeff Mitchell
(949) 263-5323
Source:
Moodyscre
Added: May 12, 2025
Changed: Aug 8
Last Checked: Aug 30 at 9:04PM
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 Voit Real Estate Services
Investment Insights
Based on property information with market context.
This freestanding industrial building in Adelanto, California, is available for sale. The property features one ground-level door and one dock-high truck well. The building offers a clear height of 20 feet and is equipped with 400 Amps, 277/480 Volt electrical service. It provides immediate access to I-395 and the 15 Freeways. The building is a single tenant NNN investment. The property contains 9,450 square feet.
Key Highlights
- Single tenant NNN investment opportunity
- Immediate access to I‑395 and 15 freeways
- Free standing building
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$94,231
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.93%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,884,620
$1.9M
Cap Rate 7%
$1,346,157
$1.3M
Cap Rate 9%
$1,047,011
$1.0M
Market Conditions
NOI Build-Up for 9,450 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$117.9K $12.48/SF
− Vacancy
−$7.1K −$0.75/SF
EGI
$110.9K $11.73/SF
− OpEx
−$16.6K −$1.76/SF
NOI
$94.2K $9.97/SF
Area
San Bernardino County, CA
Vacancy
6.00%
Lease Rate
$12.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,884,620
Cap Rate 7%
$1,346,157
Cap Rate 9%
$1,047,011
Alternative Uses
Best Use
Warehouse
$1.35M
$1.18M – $1.57M
NOI $94,231 @ 7.0% cap · market cap 3.93%
Second Best
Industrial
$1.11M
$970.0K – $1.29M
NOI $77,602 @ 7.0% cap · market cap 3.23%
Theoretical Best
Office A
$1.99M
$1.74M – $2.33M
NOI $139,534 @ 7.0% cap · market cap 5.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
68
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Warehouse - Freestanding industrial building with immediate freeway access in Adelanto, CA.
Where is this warehouse located?
The property is located at 16224 Koala Rd Adelanto, CA.
What is the asking price?
The asking price for this property is $2,399,000.
What are key features of this property?
This property features: Single tenant NNN investment opportunity; Immediate access to I‑395 and 15 freeways; Free standing building
