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

    18523 Corwin Rd, Unit J Apple Valley, CA 92307

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Versatile medical suite in Apple Valley's medical corridor.

    Lot size:
    1.57 Acres

    Property Features for 18523 Corwin Rd

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    1.57 Acres

    Building Details

    Year built
    1992

    We can help!

    Listing Contact
    Paul A. Casilla
    Paul A. Casilla
    Source: Elliman

    Listing Agency: Lee & Associates Listing Agent: Paul A. Casilla

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

    Learn more

    Overview

    Medical Imaging Suite For Rent

    This former medical imaging suite offers approximately 2,360 square feet of space, designed to support various healthcare operations. The layout includes two waiting rooms, a reception area, and dedicated rooms for CT scanning, X-ray imaging, and ultrasound services. A fully-equipped dark room is also available. Additional features include a medical file room, two private offices, an employee lounge, and four restrooms. The space is suitable for a range of medical or diagnostic practices. The property is located in Apple Valley’s medical corridor, within a well-maintained medical building. The location provides a professional environment suitable for medical practices, specialty clinics, or wellness services. The building offers modern facilities, ample parking, and accessibility for patients and staff. Its location near major medical centers and local amenities makes it a choice for healthcare providers seeking a well-connected setting. The building was built in 1992 and sits on a lot of 1.57 acres, or 68389 square feet.
    Location Intelligence

    Current Use by Public Records

    Dr. Nirmala K. ... Pediatrician Victor Valley Advanced ... Medical Clinic Dr. Stephen Chow, ... Physician LOUIS C REDIX Physician Dr. Terry L. ... Pediatrician

    Suggested Use

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

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

    Similar Places Nearby

    Apple Valley Animal Hospital, Tess Clark, Andrea Sherman, Eryn Dinisi, Real Joseph DVM

    Location Insight

    • Map
    • Local Demand
    City
    Apple Valley
    County
    San Bernardino
    State
    California
    Longitude
    -117.2598492
    Latitude
    34.5405918

    Nearby Similar for Lease

    • New
      $2,000 /Mo
      1,980 SF

      Apple Valley Industrial Flex Space

      Versatile industrial flex space in established Apple Valley business district.
      13641 John Glenn Rd, Apple Valley, CA 92308
      View Details
    • $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
    • 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 Center Suite

      Second story office suite available for lease in Apple Valley.
      18270 Siskiyou Rd, Apple Valley, CA 92307
      View Details
    • $2,300 /Mo

      Commercial Space on Bear Valley

      Commercial space for rent in Apple Valley, California.
      21065 Bear Valley Rd, Apple Valley, CA 92308
      View Details
    • $2,570 /Mo
      Pending

      Medical Suite in Apple Valley

      1,713 SF medical suite available for immediate occupancy.
      16041 Kamana Rd, Apple Valley, CA 92307
      View Details
    • Contact for pricing

      Apple Valley Medical Office Space

      Well-appointed medical/office space in Apple Valley's medical corridor.
      18523 Corwin Rd, Apple Valley, CA 92307
      View Details
    • $5,800 /Mo

      Apple Valley Warehouse Space Available

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

      Apple Valley Retail Space Available

      Retail spaces for lease in a high-traffic Apple Valley location.
      13534 Navajo Rd, Apple Valley, CA 92308
      View Details
    • Contact for pricing

      Apple Valley Industrial Building

      Industrial building with upgraded office and shop space for rent.
      13570 Tonikan Rd, Apple Valley, CA 92308
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Versatile medical suite in Apple Valley's medical corridor.
    Where is this medical office space located?
    The property is located at 18523 Corwin Rd, Unit J Apple Valley, CA.
    What are key features of this property?
    This property features: - Prime location in the heart of Apple Valley's medical corridor.; - ±2,360 square feet, thoughtfully designed for healthcare operations.; - Equipped with dedicated rooms for CT scanning, X-ray imaging, and ultrasound services.
    (760) 684-4541
    Request Owner's contact information
    18523 Corwin Rd, Unit J 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.
    18523 Corwin Rd, Unit J
    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
    18523 Corwin Rd, Unit J 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 A. Casilla
    Paul A. Casilla
    Real Estate License ID: 01881506
    (760) 684-4541 (760) 475-4669 (760) 241-5211
    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!