Medical Office
New
For Sale
$1,400,000
15614 8th, Victorville, CA 92395
Sink-equipped rooms are complemented by reception, waiting, kitchen, private office, and restroom areas.
Property Size5,000 SF
Days on Market2
Property Features for 15614 8th
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Commercial
Building Details
Building Size
5,000 SF
Year Built
1956
Listing Agency:
Prudential California Realty - The Mulhearn Group
Listed By:
Mary Ann Rocca · License #01059831
(760) 455-1098
Source:
Elliman
Added: Oct 19
Last Checked: Oct 19 at 2:09PM
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 Prudential California Realty - The Mulhearn Group
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Investment Insights
Based on property information with market context.
Configured for medical, dental, or professional office use, this property has nine rooms with sinks and an additional room with plumbing stub-outs for a future sink. Interior areas include reception, a waiting room, a kitchen, private office space, and three bathrooms, one positioned near the waiting area. The property has mixed-use zoning; permitted uses and applicable approvals should be confirmed with the relevant authorities.
Improvements include a new roof, three new air-conditioning units, and interior rehabilitation. The property was built in 1956 and had previously been improved for medical and dental office use.
Improvements include a new roof, three new air-conditioning units, and interior rehabilitation. The property was built in 1956 and had previously been improved for medical and dental office use.
Key Highlights
- Nine separate rooms, each with a sink
- One additional room has plumbing stub‑outs for a future sink
- Three bathrooms, including one near the waiting room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,195
Cap Rate
4.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,143,900
$1.1M
Cap Rate 7%
$817,071
$817.1K
Cap Rate 9%
$635,500
$635.5K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$93.0K $18.60/SF
− Vacancy
−$16.7K −$3.35/SF
EGI
$76.3K $15.25/SF
− OpEx
−$19.1K −$3.81/SF
NOI
$57.2K $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%
$1,143,900
Cap Rate 7%
$817,071
Cap Rate 9%
$635,500
Alternative Uses
Best Use
Office B
$817.1K
$714.9K – $953.3K
NOI $57,195 @ 7.0% cap · market cap 4.09%
Second Best
Healthcare Medical
$804.3K
$703.8K – $938.4K
NOI $56,304 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$1.06M
$926.9K – $1.24M
NOI $74,148 @ 7.0% cap · market cap 5.30%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
628
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92395, CA
47,556
Population
16,394
Households
2.9
Avg Household Size
34
Median Age
15%
College-Educated
81%
High-School Grad
16.9 sq mi
ZIP Area
2,814
Density / Sq Mi
$57,407
Median Household Income
$34,627
Median Earnings
$1,478
Median Rent
$335,900
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Sink-equipped rooms are complemented by reception, waiting, kitchen, private office, and restroom areas.
Where is this medical office space located?
The property is located at 15614 8th Victorville, CA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Nine separate rooms, each with a sink; One additional room has plumbing stub‑outs for a future sink; Three bathrooms, including one near the waiting room
