Remodeled Commercial Building in
For Sale
$700,000
Pending
16424 Victor, Victorville, CA 92395
Remodeled commercial building with stable income and upgraded systems.
Property Size5,376 SF
Lot Size0.28 Acres
Days on Market105
Property Features for 16424 Victor
General Information
Standard status
Pending
Size
5,376 SF
Lot size
0.28 Acres
Property subtype
Commercial
Building Details
Year Built
1970
Listing Agency:
The Bradco Companies
(760) 951-5111
Listed By:
Joseph Brady · License #00773589
(760) 951-5111
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Aug 5 at 9:04AM
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 The Bradco Companies
Investment Insights
Based on property information with market context.
Located in Downtown Victorville, this remodeled commercial building offers convenient access to I-15. The property features approximately 5,376 square feet of space on a 0.28-acre lot. The functional interior layout includes a large open area of approximately 4,300 square feet, two offices, two ADA-compliant restrooms, and a utility room. Upgrades to the building include sprinklers, a fire strobe system, four 4-ton HVAC units, a 400-amp electrical system with subpanels, security cameras, a new flat torch roof, and new asphalt parking with 11 spaces. A NNN lease is currently in place through March 31, 2030, with scheduled rent increases, providing stable in-place income. The property is considered car-dependent with a walk score of 30, somewhat bikeable with a bike score of 37, and has some transit options with a transit score of 39. Please do not disturb the current occupant.
Key Highlights
- Stable in‑place income with NNN lease through 3/31/2030 and scheduled rent increases.
- Remodeled commercial building with upgraded building systems.
- Convenient access to I‑15 in Downtown Victorville.
Financial Insights For Retail
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 | $87.1k | $16.20 |
| − Vacancy | −$7.4k | −$1.38 |
| EGI | $79.7k | $14.82 |
| − OpEx | −$23.9k | −$4.45 |
| NOI | $55.8k | $10.38 |
5,376 SF · lease $16.20/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$796.9K
$697.3K – $929.7K
NOI $55,782 @ 7.0% cap · market cap 7.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.14M
$996.6K – $1.33M
NOI $79,724 @ 7.0% cap · market cap 11.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
869
Businesses Nearby
72k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Shops & Services 38%
Home Improvements & Furnishings 18%
Electronics 2%
Jack in the Box
Dining
21,444 visits/mo
0.5 miles
Bank of America
Shops & Services
13,935 visits/mo
0.3 miles
Harbor Freight Tools
Home Improvements & Furnishings
12,913 visits/mo
0.4 miles
Del Taco
Dining
7,231 visits/mo
0.4 miles
U.S. Bank
Shops & Services
5,207 visits/mo
0.2 miles
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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Allen's Flowers & Plants — 15191 7th St, Victorville, CA 92392
Frequently Asked Questions
What type of property is this?
Storefront property - Remodeled commercial building with stable income and upgraded systems.
Where is this storefront property located?
The property is located at 16424 Victor Victorville, CA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Stable in‑place income with NNN lease through 3/31/2030 and scheduled rent increases.; Remodeled commercial building with upgraded building systems.; Convenient access to I‑15 in Downtown Victorville.
