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

    14096 Green Tree Blvd Victorville, CA 92395

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,300,000

    Operating restaurant on a 1.07 acre lot for sale.

    Lot size:
    1.07 Acres

    Property Features for 14096 Green Tree Blvd

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    1.07 Acres

    Building Details

    Year built
    1980

    We can help!

    Listing Contact
    Matthew Jerkins
    Matthew Jerkins
    Source: Elliman

    Listing Agency: Keller Williams Realty Redlands Listing Agent: Matthew Jerkins

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

    Learn more

    Overview

    Profitable Restaurant on Prime Lot

    This offering includes a profitable, operating restaurant, Goody's Family Restaurant, situated in a 2,456 square foot building on a 1.07 acre lot. The property benefits from a prime location with high traffic volume. Zoned for mixed use (MU-2), the property features frontage on Green Tree Boulevard, positioning it approximately 100 feet from 7th Street. Signage is available on Green Tree Boulevard. The location is across from Green Tree County Club and hotels, and near Costco, placing it within a thriving business corridor approximately 1/4 mile from the 15 freeway. The lot is accessible from both Green Tree Boulevard and St Andrews Drive. Landscaping is present adjacent to Green Tree Boulevard, with the remainder of the lot paved to accommodate 56 parking spaces. The sale encompasses both the commercial property and the business, including all equipment, fixtures, furnishings, licenses, permits, and the business name.
    Location Intelligence

    Current Use by Public Records

    Goody's Family Restaurant Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Similar Places Nearby

    W Spoon Buffet

    Location Insight

    • Map
    • Local Demand
    City
    Victorville
    County
    San Bernardino
    State
    California
    Longitude
    -117.3190489
    Latitude
    34.5090831

    Nearby Similar for Sale

    • New
      $140,000
      1,600 SF

      Established Salon Business Opportunity

      Turnkey hair salon in a prime Victorville retail center.
      12044 Dunia Rd, Victorville, CA 92392
      View Details
    • $59,900
      1,931 SF

      Established Pet Grooming Business

      Full-service pet grooming salon in Victorville, CA for sale.
      15444 Bear Valley Rd, Victorville, CA 92395
      View Details
    • $690,000
      1,400 SF

      Remodeled Retail Space on Large Lot

      Remodeled 1,400 SF retail building on 1.14 acre lot.
      15224 Bonanza Dr, Victorville, CA 92392
      View Details
    • $5,199,000
      7,500 SF

      Retail Investment Opportunity in Victorville

      Four-unit retail property with national tenants in Victorville, CA.
      17080 Bear Valley Rd, Victorville, CA 92395
      View Details
    • $1,200,000
      2,456 SF

      Profitable Restaurant on Prime Lot

      Operating restaurant on 1.07 acre lot in Victorville, CA.
      14096 Green Tree Blvd, Victorville, CA 92395
      View Details
    • $485,000
      1,081 SF

      Retail Property on Hesperia Road

      Retail space with frontage on Hesperia Road in Victorville.
      14258 Hesperia Rd, Victorville, CA 82695
      View Details
    • $699,000
      Pending

      Victorville Quadruplex For Sale

      Quadruplex located in Victorville, California.
      14952 Ritter St, Victorville, CA 92394
      View Details
    • $200,000

      Automotive Business Opportunity in Victorville

      Established tire and automotive business for sale in Victorville.
      12932 Hesperia Rd, Victorville, CA 92395
      View Details
    • $4,500,000
      18,950 SF

      Fully Leased Commercial Building

      Commercial building in Victorville, CA, 100% leased to CCRC.
      15456 W Sage St, Victorville, CA 92392
      View Details
    • $1,625,000
      6,440 SF

      Victorville Apartment Building For Sale

      Well-maintained 8-unit apartment building with garages in Victorville.
      15418 Bear Valley Rd, Victorville, CA 92395
      View Details
    • $700,000
      2,029 SF

      Three Homes, One Lot

      Three single-family homes on one lot in Victorville, CA.
      16745 Forrest Ave, Victorville, CA 92395
      View Details
    • $2,499,999
      13,740 SF

      Versatile Commercial Building in Victorville

      Commercial property with open floor plan, high ceilings, and sprinkler.
      16534 Victor St, Victorville, CA 92395
      View Details

    FAQs

    What type of property is this?
    Conventional restaurant - Operating restaurant on a 1.07 acre lot for sale.
    Where is this conventional restaurant located?
    The property is located at 14096 Green Tree Blvd Victorville, CA.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Prime 1.07 acre flat lot with high traffic count and Mixed Use Zoning (MU-2).; - Profitable, operating restaurant with all equipment, fixtures, furnishings, licenses, permits and business name included.; - Excellent location on Green Tree Blvd, near 7th Street, Green Tree Country Club, hotels, and Costco.
    (760) 259-1934
    Request Owner's contact information
    14096 Green Tree Blvd Victorville, CA 92395
    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.
    14096 Green Tree Blvd
    Victorville, CA 92395
    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
    14096 Green Tree Blvd Victorville, CA 92395
    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
    Matthew Jerkins
    Matthew Jerkins
    Real Estate License ID: 02059621
    (760) 259-1934 (909) 793-2100
    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!