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Medical Office Suite with OR
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18056 Wika Road #D, Apple Valley, CA 92307

Patient-care areas include intake, examination, and operating-room space, with wired connectivity.

Property Size9,295 SF
Price / SF$0.32
Days on Market23

Property Features for 18056 Wika Road #D

General Information

Standard status Active
Size 9,295 SF
Property subtype Office

Building Details

Year Built 1991
Listing Agency: RE/MAX FREEDOM
Listed By: Lynda Thomasson · License #01516092
Source: K9hausrealty
Added: Oct 8 Changed: Oct 28 Last Checked: Oct 28 at 4:54PM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Suite D is a 9,295-square-foot medical office in a 1991 building. Its prior surgical-center configuration includes an intake area with three beds, two exam rooms, one operating room, and plumbing for oxygen. A small patient waiting area and an entry sized for gurney access are also part of the layout. The last certification was in 2019; the suite could serve as a physician’s office. Sink and pedestal replacements have been completed, and the space is wired for Wi-Fi and cable.

The property is near St. Marys. There are 30 parking spaces in the front lot, with ADA access at the rear of the building.

Key Highlights

  • 9,295‑square‑foot medical office suite
  • Former surgical‑center layout with 3‑bed intake area, 2 exam rooms, and 1 OR
  • Oxygen plumbing and gurney entry for ambulance access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$77,046
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,540,920 $1.5M
Cap Rate 7%
$1,100,657 $1.1M
Cap Rate 9%
$856,067 $856.1K
Market Conditions
NOI Build-Up for 9,295 SF
Gross rent
$139.4K $15.00/SF
− Vacancy
−$11.0K −$1.19/SF
EGI
$128.4K $13.82/SF
− OpEx
−$51.4K −$5.53/SF
NOI
$77.0K $8.29/SF
Area
San Bernardino County, CA
Vacancy
7.90%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,540,920
Cap Rate 7%
$1,100,657
Cap Rate 9%
$856,067

Alternative Uses

Best Use
Office B
$1.56M
$1.37M – $1.82M (±1% cap)
NOI $109,406 @ 7.0% cap · market cap 3,698.65%
Second Best
Healthcare Medical
$1.10M
$963.1K – $1.28M (±1% cap)
NOI $77,046 @ 7.0% cap · market cap 2,604.67%
Theoretical Best
Office A
$1.96M
$1.72M – $2.29M (±1% cap)
NOI $137,245 @ 7.0% cap · market cap 4,639.79%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

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

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store HVAC Service Kitchen & Bath Showroom Parking Lot & Garage Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,181
Businesses Nearby
Well-served
Demand for This Use

Demographics for 92307, CA

41,649
Population
13,832
Households
3
Avg Household Size
37
Median Age
22%
College-Educated
88%
High-School Grad
187.5 sq mi
ZIP Area
222
Density / Sq Mi
$74,715
Median Household Income
$39,014
Median Earnings
$1,379
Median Rent
$396,900
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Similar Off Market Nearby

  • Real Joseph DVM — 18107 Outer Hwy 18 S, Apple Valley, CA 92307
  • Apple Valley Animal Hospital — 18107 CA-18, Apple Valley, CA 92307
  • Tess Clark — 18107 CA-18, Apple Valley, CA 92307
  • Andrea Sherman — 18107 CA-18, Apple Valley, CA 92307
  • Eryn Dinisi — 18107 CA-18, Apple Valley, CA 92307

Frequently Asked Questions

What type of property is this?
Medical Office Space - Patient-care areas include intake, examination, and operating-room space, with wired connectivity.
Where is this medical office space located?
The property is located at 18056 Wika Road #D Apple Valley, CA.
What are key features of this property?
This property features: 9,295‑square‑foot medical office suite; Former surgical‑center layout with 3‑bed intake area, 2 exam rooms, and 1 OR; Oxygen plumbing and gurney entry for ambulance access
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Includes: Price & PSF · Cap rate · Location · Zoning

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