16044 Bear Valley Road, Victorville, CA 92395
Two freestanding office buildings on an acre-plus site with long-term tenants and nearby freeway access.
- Added:
- Apr 23, 2024
- Days on Market:
- 804
- Last Refresh:
- Jun 20 at 7:33 am
Property Features for 16044 Bear Valley Road
General Information
- Standard status
- Active
- Size
- 8,550 SF
- Property subtype
- Office
Building Details
- Year Built
- 1984
Listing office 999 Investments, Inc (949) 678-0681
Listing date Apr 23, 2024
Source Xome
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 999 Investments, Inc
HighLights
- Two freestanding commercial office buildings built in 1984 on an acre‑plus site
- Approx. 8,500 sq ft total office space
- Zoning: commercial
- Long‑term tenants currently in place
- Near I‑15 and I‑18 freeway access
- Close to Desert Valley Hospital, Victor Valley College, Hesperia Park, and Spring Valley Lake
Overview
Located at 16044 Bear Valley Road in Victorville, California, the site is described as being close to Desert Valley Hospital, Victor Valley College, Hesperia Park, and Spring Valley Lake. Access is further supported by proximity to Highways 15 and 18.
For buyers considering an investor-oriented acquisition, the current occupancy by long-term tenants is a key operational consideration for underwriting. The presence of two separate freestanding structures may also appeal to buyers looking for portfolio diversification within the same site, supported by the existing office configuration and established tenancy noted in the remarks.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $159.0k | $18.60 |
| − Vacancy | −$28.6k | −$3.35 |
| EGI | $130.4k | $15.25 |
| − OpEx | −$32.6k | −$3.81 |
| NOI | $97.8k | $11.44 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Victorville
- County
- San Bernardino
- State
- California
- Longitude
- -117.3134114
- Latitude
- 34.4713657
