Freeway-Adjacent Hotel Conversion
16901 Stoddard Wells, Victorville, CA 92394
For Sale
$3,850,000
Independent hotel with franchise conversion potential near upcoming railroad project.
Property Size27,000 SF
Price / SF$142.59
Days on Market228
Property Features for 16901 Stoddard Wells
General Information
Standard status
Size
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
MGR Real Estate, Inc
Listed By:
Randy Sanchez · License #01180997
(760) 684-2139
Source:
Myfabuloushome
Added: Mar 27
Changed: Oct 25
Last Checked: Nov 8 at 7:42AM
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
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Investment Insights
Based on property information with market context.
This independent hotel is located right off the freeway. The property presents a conversion opportunity to a franchise model, potentially increasing sales and revenue per available room. An upcoming railroad project in Victorville has increased the occupancy of this property.
Key Highlights
- Opportunity to convert to a franchise to increase sales and RevPAR
- Located right off the freeway
- Increased occupancy due to the railroad project in Victorville
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$169,290
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,385,800
$3.4M
Cap Rate 7%
$2,418,429
$2.4M
Cap Rate 9%
$1,881,000
$1.9M
Market Conditions
NOI Build-Up for 27,000 SF
Gross rent
$405.0K $15.00/SF
− Vacancy
−$48.6K −$1.80/SF
EGI
$356.4K $13.20/SF
− OpEx
−$187.1K −$6.93/SF
NOI
$169.3K $6.27/SF
Area
Victorville, CA
Vacancy
12.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,385,800
Cap Rate 7%
$2,418,429
Cap Rate 9%
$1,881,000
Alternative Uses
Best Use
Hotel Hospitality
$2.42M
$2.12M – $2.82M
NOI $169,290 @ 7.0% cap · market cap 4.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.72M
$5.00M – $6.67M
NOI $400,399 @ 7.0% cap · market cap 10.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Location Intelligence
Trade Area within ½ mile
49
Businesses Nearby
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Business Placement
Demographics for 92394, CA
41,057
Population
10,217
Households
4
Avg Household Size
32
Median Age
13%
College-Educated
76%
High-School Grad
32.0 sq mi
ZIP Area
1,283
Density / Sq Mi
$75,430
Median Household Income
$37,532
Median Earnings
$1,564
Median Rent
$340,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - Independent hotel with franchise conversion potential near upcoming railroad project.
Where is this hotel located?
The property is located at 16901 Stoddard Wells Victorville, CA.
What is the asking price?
The asking price for this property is $3,850,000.
What are key features of this property?
This property features: Opportunity to convert to a franchise to increase sales and RevPAR; Located right off the freeway; Increased occupancy due to the railroad project in Victorville
