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

    12241 Industrial Boulevard 101 & 107 Victorville, CA 92395

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $4,800 /Mo

    Flex, industrial, retail, automotive spaces for rent in Victorville.

    Added:
    Dec 7, 2023
    Days on Market:
    863
    Last Refresh:
    Mar 16 at 9:21 am

    Property Features for 12241 Industrial Boulevard 101 & 107

    General Information

    Standard status
    Active

    Building Details

    Year Built
    2005

    We can help!

    Listing Contact
    Paul Tan
    Paul Tan

    Listing agent Paul Tan License #01751292

    Listing office MGR Real Estate, Inc

    Listing date Dec 7, 2023

    Source Evrealestate

    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 MGR Real Estate, Inc

    Overview

    Industrial Spaces Available For Rent

    Located off the Northbound 15 freeway, with an exit at Bear Valley Road, this property is situated east to Industrial Boulevard. After turning left, the property is on the right, past the car wash. The available spaces are suitable for flex space, industrial, retail, automotive, and commercial real estate uses.
    Location Intelligence

    Current Use by Public Records

    United Nursing Solutions Home Health Care Service Dr. Siva Arunasalam Physician Valde Home Health, ... Home Health Care Service Iglesia Universal Church Gregory Cox Physician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Dental Office Hair Salon Auto Repair Shop 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
    -117.2822081
    Latitude
    34.4733558

    Nearby Similar for Lease

    • Contact for pricing

      Retail Space in Victorville Center

      Retail space with high street exposure and ample parking.
      14678 7th Street, Victorville, CA 92393
      View Details
    • Contact for pricing

      Victorville Commercial Space For Lease

      Commercial space in Victorville with frontage on a main road.
      15040 7th Street, Victorville, CA 92395
      View Details
    • $2/mo

      Modern Office Suites For Lease

      New Class A office suites in Victorville's medical district.
      15075 Amargosa Road, Victorville, CA 92394
      View Details
    • Contact for pricing

      Office Space in Victorville Hub

      Small office spaces in the High Desert administrative district.
      14420 Civic Dr Unit #2, Victorville, CA 92392
      View Details
    • $1.21/mo

      Remodeled Office Spaces in Victorville

      Recently remodeled office spaces in the heart of Victorville's administrative district.
      14359 Amargosa Road Suite M, Victorville, CA 92392
      View Details
    • Contact for pricing

      Victorville Professional Office Space

      Well-maintained office building in central Victorville, ideal for medical/office.
      12998 Hesperia Rd 203, Victorville, CA 92395
      View Details
    • Contact for pricing

      Victorville Professional Office Space

      Professional office suite for rent near DMV and amenities.
      16519 Victor St, Victorville, CA 92395
      View Details
    • Contact for pricing

      Freeway Visible In-Line Suite

      Office suite available for lease with freeway visibility.
      12555 Mariposa Rd B, Victorville, CA 92395
      View Details
    • $1.25/mo

      Versatile Commercial Space in Victorville

      Flexible 1,234 SF unit in a prime location.
      15411 Village Dr Suite A, Victorville, CA 92394
      View Details
    • Contact for pricing

      Medical Building Near Global Hospital

      Divisible medical building near V.V. Global Hospital with ample parking.
      15366 11th 15366, Victorville, CA 92395
      View Details
    • Contact for pricing

      Office

      14369 Park Ave. #101B, Victorville, CA 92392
      View Details
    • Contact for pricing

      Remodeled Office Space Available

      Recently remodeled office space in well-located Mojave Center.
      15770 Mojave Dr., Victorville, CA 92394
      View Details

    FAQs

    What type of property is this?
    Flex space - Flex, industrial, retail, automotive spaces for rent in Victorville.
    Where is this flex space located?
    The property is located at 12241 Industrial Boulevard 101 & 107 Victorville, CA.
    What is the lease rate?
    The lease rate is $4,800 /Mo.
    What are key features of this property?
    This property features: Located in San Bernardino County; Built in 2005; Heating: Natural Gas
    (760) 912-3534
    We can help!
    Listing Contact
    Paul Tan
    Paul Tan
    Real Estate License ID: 01751292
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!