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

    18222 Jonathan St Adelanto, CA 92301

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $141,550

    Commercial lot zoned for business park in Opportunity Zone.

    Lot size:
    0.41 Acres

    Property Features for 18222 Jonathan St

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    0.41 Acres

    We can help!

    Listing Contact
    Gregg Cochran
    Gregg Cochran
    Source: Elliman

    Listing Agent: Gregg Cochran

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

    Learn more

    Overview

    Commercial Lot in Opportunity Zone

    This commercial lot is located in an Opportunity Zone and a New Market Tax Credit Zone area. Zoned for commercial use within a business park, the lot is situated on a corner of US HWY 395. Access is available off Jonathan St, between Air Expy and Barlett, providing easy access. According to Cal Trans data from 2022, US 395 and Air Expy had an approximate Average Daily Traffic (ADT) count of 20,800. Access to the parcel is provided via a recorded easement over an adjacent lot. The zoning allows for various uses, including an animal shelter, veterinarian clinic/hospital/grooming/short-term boarding, day care (adult/children), educational institution, medical facilities (P/T, chiropractor, clinic, dental, laboratory, pharmacological), church/religious use, auto service repair/car wash/repair/body shop/upholstery, parking lot/storage, cellular/communications tower, bakery/catering service kitchen, health club/dance studio, professional offices, small item repair shop, pest control business, and retail services such as DME, art/studio gallery, home improvement showroom, printing/bookbinding business, machine/metal/silk screening shop, wholesale supplier, and warehouse/distribution services.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Restaurant Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Big Box & Wholesale Store Accounting Firm Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Adelanto
    County
    San Bernardino
    State
    California
    Longitude
    -117.4101478
    Latitude
    34.5818381

    Nearby Similar for Sale

    • $725,000
      3,576 SF

      Turnkey Adelanto Multifamily Investment Property

      Well-maintained 4-unit property generating $5,560 monthly gross income.
      18117 Poinciana Rd, Adelanto, CA 92301
      View Details
    • $700,000
      3,312 SF

      Adelanto Fourplex: Investor Opportunity

      Well-maintained fourplex in Adelanto, CA, fully leased and fenced.
      18130 Casaba Rd, Adelanto, CA 92301
      View Details
    • $429,000
      1,653 SF

      Detached Triplex with Expansion Potential

      Three detached homes on one lot with expansion possibilities.
      11986 White Ave, Adelanto, CA 92301
      View Details
    • $475,000
      Pending

      Adelanto Fourplex on Acreage

      Fourplex on over an acre with expansion potential.
      11389 Lee Ave, Adelanto, CA 92301
      View Details
    • $148,000
      405,108.00 Acres

      Adelanto Land for Cannabis Cultivation

      9.3 acres in ADD zone with water and electric access.
      Alden Rd, Adelanto, CA 92301
      View Details
    • $2,600,000
      35,880 SF

      Adelanto Commercial Building For Sale

      Under construction commercial building suitable for cannabis grow operation.
      9541 Commerce Way, Adelanto, CA 92301
      View Details
    • $3,750,000

      San Bernadino Warehouse Units Available

      Warehouse units for sale in prime San Bernadino location.
      9841 Bartlett Ave, Adelanto, CA 92301
      View Details
    • $6,350,000

      Versatile Industrial Property in Adelanto

      Multiple buildings totaling 46,991 SF on 4.69 acres.
      17260 Muskrat Ave, Adelanto, CA 92301
      View Details
    • $2,600,000

      Cannabis Grow Operation Ready Property

      Under construction property with approved plans for cannabis grow operation.
      9541 Commerce Way, Adelanto, CA 92301
      View Details
    • $2,900,000

      New Adelanto Industrial Cultivation Opportunity

      New 20,000 SF industrial property in Adelanto's M1 zone.
      14409 Aster Rd, Adelanto, CA 92301
      View Details
    • $250,000
      1,800 SF

      Established Donut Shop Opportunity

      Thriving donut shop in high-traffic area with diverse menu.
      11336, Adelanto, CA 92301
      View Details
    • $1,200,000
      3,930 SF

      Adelanto Cannabis Cultivation Property

      Vested CUP, ideal for cannabis or crypto mining.
      17055 Verbena Rd, Adelanto, CA 92301
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial lot zoned for business park in Opportunity Zone.
    Where is this commercial land located?
    The property is located at 18222 Jonathan St Adelanto, CA.
    What is the asking price?
    The asking price for this property is $141,550.
    What are key features of this property?
    This property features: - Located in Opportunity Zone & New Market Tax Credit Zone Area.; - Commercial Use Zoned Lot ideal for a Business Park.; - Corner lot with frontage on US HWY 395.
    (949) 667-0322
    Request Owner's contact information
    18222 Jonathan St Adelanto, CA 92301
    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.
    18222 Jonathan St
    Adelanto, CA 92301
    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
    18222 Jonathan St Adelanto, CA 92301
    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
    Gregg Cochran
    Gregg Cochran
    Real Estate License ID: 01135909
    (949) 667-0322
    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!