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    Turnkey Industrial Condo in Victorville Title is generated by Realmo AI

    12180 Ridgecrest Rd Ste 420, Victorville, CA 92395

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    For Sale
    $525,000

    2,039 SF industrial condo with high-quality buildout and convenient location.

    Type:Industrial
    Property size:
    2,039 SF
    Price / SF:
    $257/SF
    Added:
    Mar 6, 2026
    Days on Market:
    66
    Last Refresh:
    Apr 5 at 9:44 pm

    Property Features for 12180 Ridgecrest Rd Ste 420

    General Information

    Standard status
    Active
    Size
    2,039 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    2005

    We can help!

    Listing Contact
    Paul A. Casilla
    Paul A. Casilla

    Listing agent Paul A. Casilla License #CalDRE #01881506

    Listing office Lee & Associates

    Listing date Mar 6, 2026

    Source Lee-associates

    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 Lee & Associates

    HighLights

    • Turnkey, high‑quality ±2,039 SF industrial condo with a functional two‑story layout, ready for immediate occupancy.
    • Prime location at the signalized intersection of Ridgecrest Road and Bear Valley Road, in a well‑maintained industrial complex.
    • Convenient access to Interstate 15 and Victorville's established commercial corridors.
    • Fully built‑out interior includes a board/conference room, offices, open cubicle area, showroom, break room, and private restroom.
    • Ideal for either an owner‑user seeking a professional environment or an investor looking for a quality industrial office asset.
    • Furniture and fixtures are available (excluding artwork and computers).

    Overview

    Located at the signalized intersection of Ridgecrest Road and Bear Valley Road in Victorville, 12180 Ridgecrest Road, Suite 420 is a ±2,039 SF industrial condominium. The unit is fully built out and features a two-story layout that includes a board/conference room, offices, an open cubicle area, showroom, a break room, and a private restroom. It is positioned within a well-maintained multi-unit industrial condo complex with convenient access to Interstate 15 and Victorville’s established commercial corridors. The property benefits from strong daily traffic along Bear Valley Road, convenient regional connectivity to Interstate 15, and close proximity to Victorville’s core retail, services, and workforce housing. Surrounded by a mix of industrial, service commercial, and business uses, this location offers access for employees, customers, and deliveries. Suite 420 is suitable for an owner-user seeking a professional environment or an investor looking for a quality industrial office asset in a central High Desert location. Furniture and fixtures are available, excluding artwork and computers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Russo Cynthia M ... Accounting Firm Victorville Insurance Insurance Agency Re/Max Freedom Real Estate Agency Financial Vision and Investment ... Financial Advisor Beehive Barbell Club Gym & Fitness Center

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Victorville
    County
    San Bernardino
    State
    California
    Longitude
    -117.278
    Latitude
    34.4729

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    FAQs

    What type of property is this?
    Flex space - 2,039 SF industrial condo with high-quality buildout and convenient location.
    Where is this flex space located?
    The property is located at 12180 Ridgecrest Rd Ste 420 Victorville, CA.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: Turnkey, high‑quality ±2,039 SF industrial condo with a functional two‑story layout, ready for immediate occupancy.; Prime location at the signalized intersection of Ridgecrest Road and Bear Valley Road, in a well‑maintained industrial complex.; Convenient access to Interstate 15 and Victorville's established commercial corridors.
    (760) 684-4541
    We can help!
    Listing Contact
    Paul A. Casilla
    Paul A. Casilla
    Real Estate License ID: CalDRE #01881506
    Learn More
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    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.

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    12180 Ridgecrest Rd Ste 420, Victorville, CA 92395
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