For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Apple Valley Medical Center Opportunity Title is generated by Realmo AI

    18056 Wika, Apple Valley, CA 92307

    View on Map
    Claim this Listing
    For Sale
    $1,793,000

    Centrally located medical building near St. Mary Medical Center.

    Type:Commercial
    Property size:
    9,000 SF
    Lot size:
    5.62 Acres
    Price / SF:
    $199/SF
    Added:
    Mar 12, 2026
    Days on Market:
    118
    Last Refresh:
    Jul 2 at 6:36 am

    Property Features for 18056 Wika

    General Information

    Standard status
    Active
    Size
    9,000 SF
    Lot size
    5.62 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1991

    We can help!

    Contact an agent
    Lynda Thomasson
    Lynda Thomasson

    Listing office Re/Max Freedom

    Listing date Mar 12, 2026

    Source Elliman

    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 Re/Max Freedom

    HighLights

    • Prime location one block from St. Mary Medical Center.
    • Over 9,000 sq. ft. medical/professional building with four suites.
    • One suite is a fully approved Medicare‑certified surgery center.
    • Zoned General Commercial, offering flexibility for various uses.
    • Two parcels totaling more than 24,000 sq. ft.
    • Well‑maintained with newer A/C units and minimal landscaping.

    Overview

    The Wika Medical Center is a centrally located medical and professional building in Apple Valley. The property offers over 9,000 square feet across four suites, situated on two parcels totaling more than 24,000 square feet. The location provides visibility, being one block west of St. Mary Medical Center. One suite features a fully approved Medicare-certified surgery center. The property has been well maintained with newer A/C units, both tile and carpeting, and minimal landscaping. Zoned General Commercial, the building offers flexibility for a variety of professional or medical uses. It is suitable for healthcare professionals or investors.

    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 $153.4k $17.04
    − Vacancy −$12.1k −$1.35
    EGI $141.2k $15.69
    − OpEx −$35.3k −$3.92
    NOI $105.9k $11.77
    9,000 SF · lease $17.04/SF/yr · vacancy 7.90% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.51M
    $1.32M – $1.77M (±1% cap)
    NOI $105,933 @ 7.0% cap · market cap 5.91%
    Second Best
    Healthcare Medical
    $1.07M
    $932.5K – $1.24M (±1% cap)
    NOI $74,601 @ 7.0% cap · market cap 4.16%
    Theoretical Best
    Office A
    $1.90M
    $1.66M – $2.21M (±1% cap)
    NOI $132,889 @ 7.0% cap · market cap 7.41%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Moothedath Menon, ... Physician Om Prakash, MD ... Physician Wika Medical Center Medical Clinic Anaya Women's Group Physician Radha Menon, MD Physician

    Suggested Use

    Building Supply Big Box & Wholesale Store Hotel & Motel Gym & Fitness Center Food Market Department Store HVAC Service Kitchen & Bath Showroom Restaurant Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Apple Valley
    County
    San Bernardino
    State
    California
    Longitude
    -117.27
    Latitude
    34.5409

    FAQs

    What type of property is this?
    Medical center - Centrally located medical building near St. Mary Medical Center.
    Where is this medical center located?
    The property is located at 18056 Wika Apple Valley, CA.
    What is the asking price?
    The asking price for this property is $1,793,000.
    What are key features of this property?
    This property features: Prime location one block from St. Mary Medical Center.; Over 9,000 sq. ft. medical/professional building with four suites.; One suite is a fully approved Medicare‑certified surgery center.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message