Add Listing
    For Lease
    • 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

    18843 Us Highway 18 Apple Valley, CA 92307

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $2,210 /Mo

    Retail space available for lease in a multitenant strip.

    Lot size:
    0.54 Acres

    Property Features for 18843 Us Highway 18

    General Information

    Standard status
    Active
    Lot size
    0.54 Acres

    We can help!

    Listing Contact
    Paul Tan
    Paul Tan
    Source: Exprealty

    Listing Agency: MGR Real Estate, Inc Listing Agent: Paul Tan

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

    Learn more

    Property Insight Report

    Overview

    Retail Space For Lease

    A retail space is available for lease within a multitenant strip retail property located at 18837 Hwy 18. The available unit offers 1,700 square feet of space. The base rent is listed at $1.00 per square foot per month, with additional NNN expenses of $0.30 per square foot per month. The total monthly rent is $2,210, which includes NNN expenses, electricity, and gas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Apple Valley
    County
    San Bernardino
    State
    California
    Longitude
    -117.252904
    Latitude
    34.536955

    Nearby Similar for Lease

    • $1,000 /Mo
      750 SF

      Apple Valley Commercial Space Available

      Bottom floor office/commercial space in a high-traffic area.
      16025 Kamana Rd, Apple Valley, CA 92307
      View Details
    • $2,300 /Mo
      6,000 SF

      Retail Space on Bear Valley

      Commercial space for lease in Apple Valley, California.
      21065 Bear Valley Rd, Apple Valley, CA 92308
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space in Apple Valley

      Retail property available for lease in Apple Valley, California.
      13631 Navajo Rd, Apple Valley, CA 92307
      View Details
    • $5,800 /Mo
      5,800 SF

      Apple Valley Warehouse with Utilities

      5,800 SF warehouse in Apple Valley with included utilities.
      20767 Sunset Dr, Apple Valley, CA 92308
      View Details
    • Contact for pricing
      6,900 SF

      Apple Valley Industrial Flex Space

      Industrial/flex space with upgraded office and shop areas for lease.
      13570 Tonikan Rd, Apple Valley, CA 92308
      View Details
    • $1,707 /Mo

      Professional Office Space Available

      First-generation office suite near St. Mary's Medical Center.
      18270 Siskiyou Rd, Apple Valley, CA 92307
      View Details
    • $2,210 /Mo

      Retail Space For Lease

      Retail space available for lease in a multitenant strip.
      18843 Us Highway 18, Apple Valley, CA 92307
      View Details
    • $1.40 SF/Yr
      3,840 SF

      Apple Valley Multi-Tenant Office Space

      Professional office suites available for lease in Apple Valley.
      16048 Tuscola Rd, Apple Valley, CA 92307
      View Details
    • $1.30 SF/Yr
      15,100 SF

      Prime Endcap Retail Unit

      Spacious retail unit in a thriving shopping center.
      20162 Us Highway 18, Apple Valley, CA 92307
      View Details
    • $1.20 SF/Yr
      28,929 SF

      Apple Valley Medical Office Space

      Well-appointed medical/professional suite in Apple Valley's medical corridor.
      18523 Corwin Rd, Apple Valley, CA 92307
      View Details
    • $1,650 /Mo
      64,784 SF

      Historic Apple Valley Office Space

      Unique office space in a historic landmark, Apple Valley Inn.
      20600 Us Highway 18, Apple Valley, CA 92307
      View Details
    • $3,650 /Mo
      7,833 SF

      Former Domino's Restaurant Space Available

      Turnkey restaurant space with existing kitchen equipment for lease.
      20200 Us Highway 18, Apple Valley, CA 92307
      View Details

    FAQs

    What type of property is this?
    Strip mall - Retail space available for lease in a multitenant strip.
    Where is this strip mall located?
    The property is located at 18843 Us Highway 18 Apple Valley, CA.
    What is the lease rate?
    The lease rate is $2,210 /Mo.
    What are key features of this property?
    This property features: - End cap unit available, offering great visibility.; - 1700 sf space, ideal for a variety of businesses.; - Total rent $2,210/month, a competitive rate.
    (760) 955-7888
    Request Owner's contact information
    18843 Us Highway 18 Apple Valley, CA 92307
    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.
    18843 Us Highway 18
    Apple Valley, CA 92307
    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
    18843 Us Highway 18 Apple Valley, CA 92307
    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

    We can help!
    Listing Contact
    Paul Tan
    Paul Tan
    Real Estate License ID: 01751292
    (760) 955-7888 (760) 912-3534
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!