12036 Bartlett Ave, Adelanto, CA 92301
Mixed-use property in Adelanto's Business Park District with income potential.
- Added:
- Mar 7, 2025
- Days on Market:
- 464
- Last Refresh:
- Jan 20 at 7:55 am
Property Features for 12036 Bartlett Ave
General Information
- Standard status
- Active
- Size
- 2,413 SF
- Lot size
- 47,916.00 Acres
Listing agent ADRIA CHAMBERLAIN License #02032478 (760) 265-0065
Listing office Realty ONE Group Empire (760) 265-0065
Listing date Mar 7, 2025
Source Exprealty
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HighLights
- Prime mixed‑use property in Adelanto's Business Park District.
- Strategically located near SoCal Logistics Airport, Amazon fulfillment center, Highway 395, and Interstate‑15.
- Income‑generating property with $53,000+ Net Operating Income and potential for increased rental rates.
- Located within the Bartlett Ave Rehabilitation Project, a multi‑million‑dollar infrastructure upgrade.
- Includes a 7‑unit commercial building (2,413 sq. ft.) with steady rental income.
- Features 2 remodeled residential units (1,285 sq. ft.) for additional cash flow.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.1k | $21.60 |
| − Vacancy | −$2.7k | −$1.12 |
| EGI | $49.4k | $20.48 |
| − OpEx | −$14.8k | −$6.14 |
| NOI | $34.6k | $14.33 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Adelanto
- County
- San Bernardino
- State
- California
- Longitude
- -117.402
- Latitude
- 34.5798