Victorville Office Building For
15419 Cholame Rd, Victorville, CA 92392
For Sale
$2,965,000
Commercial office building with long-term tenant in place for sale.
Property Size8,312 SF
Lot Size0.92 Acres
Price / SF$356.71
Days on Market234
Property Features for 15419 Cholame Rd
General Information
Standard status
Size
Lot size
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
Rigel Capital
Listed By:
Tony Scafidi · License CA #01887228
(760) 813-3777
Source:
Myfabuloushome
Added: Mar 26
Changed: Nov 13
Last Checked: Oct 7 at 1:09PM
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 Rigel Capital
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Investment Insights
Based on property information with market context.
This commercial office building, constructed in 1982 with an effective year of 1995, offers 8,312 square feet of space on a 0.92-acre lot. The property features six offices, one with a private restroom, three larger rooms, an employee break room, two storage rooms, and four restrooms. Large open areas are also present. Professionally managed, the building includes mature landscaping and ample parking in both the front and rear. The property is currently occupied by a County of San Bernardino affiliated entity. Located in the City of Victorville's IPD Zoning, the property is positioned near the I-15 freeway on and off-ramps. The property is in good condition and is being sold As-Is.
Key Highlights
- Long‑term tenant (County of San Bernardino affiliated entity) in place, providing immediate income.
- Located in an Opportunity Zone, offering potential tax benefits.
- Excellent location right off the I‑15 freeway off and on‑ramps.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$95,081
Cap Rate
3.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,901,620
$1.9M
Cap Rate 7%
$1,358,300
$1.4M
Cap Rate 9%
$1,056,456
$1.1M
Market Conditions
NOI Build-Up for 8,312 SF
Gross rent
$154.6K $18.60/SF
− Vacancy
−$27.8K −$3.35/SF
EGI
$126.8K $15.25/SF
− OpEx
−$31.7K −$3.81/SF
NOI
$95.1K $11.44/SF
Area
Victorville, CA
Vacancy
18.00%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,901,620
Cap Rate 7%
$1,358,300
Cap Rate 9%
$1,056,456
Alternative Uses
Best Use
Office B
$1.36M
$1.19M – $1.58M
NOI $95,081 @ 7.0% cap · market cap 3.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.76M
$1.54M – $2.05M
NOI $123,264 @ 7.0% cap · market cap 4.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
935
Businesses Nearby
Explore this area
Business Placement
Demographics for 92392, CA
62,294
Population
18,077
Households
3.4
Avg Household Size
32
Median Age
13%
College-Educated
79%
High-School Grad
37.3 sq mi
ZIP Area
1,670
Density / Sq Mi
$81,652
Median Household Income
$36,726
Median Earnings
$1,790
Median Rent
$365,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Office buildings in San Bernardino County, CA
Properties on Market for Office buildings in San Bernardino County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Commercial office building with long-term tenant in place for sale.
Where is this office building located?
The property is located at 15419 Cholame Rd Victorville, CA.
What is the asking price?
The asking price for this property is $2,965,000.
What are key features of this property?
This property features: Long‑term tenant (County of San Bernardino affiliated entity) in place, providing immediate income.; Located in an Opportunity Zone, offering potential tax benefits.; Excellent location right off the I‑15 freeway off and on‑ramps.
