Medical Office Investment
18270 Siskiyou Rd, Apple Valley, CA 92307
For Sale
$1,790,000
Medical office investment property near Providence St. Mary Medical Center.
Property Size7,478 SF
Lot Size0.51 Acres
Price / SF$239.37
Days on Market245
Property Features for 18270 Siskiyou Rd
General Information
Standard status
Size
Lot size
Property subtype
Building Details
Building Size
Units
Listing Agency:
Rigel Capital
Listed By:
Tony Scafidi · License #01887228
(760) 813-3777
Source:
Elliman
Added: Mar 10
Changed: Aug 24
Last Checked: Aug 25 at 9:56AM
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 Rigel Capital
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Investment Insights
Based on property information with market context.
This medical office and professional center investment property features two buildings constructed in 1982 and 2008, totaling approximately 7,478 square feet on a 0.51-acre site. The property comprises four units and is positioned directly behind Providence St. Mary Medical Center, which includes 213 beds, over 1,750 caregivers, and 300 on-site physicians. Classified as a Class B medical office, the site provides 36 surface parking stalls and is zoned for Office Professional use, suitable for medical, dental, or professional services. It is located one block from Highway 18 and a 5-minute drive from the I-15 freeway. The property has been maintained by the same owner since 2004. All current tenants are long-term net lease tenants. The area is a medical-centric hub for Apple Valley, with numerous medical, office, professional, and retail establishments within walking distance, as well as residential neighborhoods. With over 46,700 vehicles passing daily on Highway 18 nearby, and easy access to retail services, the asset benefits from healthcare-focused foot traffic. Apple Valley is at the heart of the Inland Empire as San Bernardino County’s 11th-largest municipality with 75,000 residents. The tenant-occupied medical building offers dependable cash flow, operating expense pass-through, long-term lease stability, and potential upside through rent increases. This property is ideal for a 1031 exchange buyer or regional investor seeking income with growth opportunities.
Key Highlights
- Located directly behind Providence St. Mary Medical Center, ensuring high demand.
- Long‑term net lease tenants provide dependable cash flow.
- Well‑maintained property with 36 surface parking stalls.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$88,019
Cap Rate
4.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,760,380
$1.8M
Cap Rate 7%
$1,257,414
$1.3M
Cap Rate 9%
$977,989
$978.0K
Market Conditions
NOI Build-Up for 7,478 SF
Gross rent
$127.4K $17.04/SF
− Vacancy
−$10.1K −$1.35/SF
EGI
$117.4K $15.69/SF
− OpEx
−$29.3K −$3.92/SF
NOI
$88.0K $11.77/SF
Area
San Bernardino County, CA
Vacancy
7.90%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,760,380
Cap Rate 7%
$1,257,414
Cap Rate 9%
$977,989
Alternative Uses
Best Use
Office B
$1.26M
$1.10M – $1.47M
NOI $88,019 @ 7.0% cap · market cap 4.92%
Second Best
Healthcare Medical
$885.5K
$774.8K – $1.03M
NOI $61,985 @ 7.0% cap · market cap 3.46%
Theoretical Best
Office A
$1.58M
$1.38M – $1.84M
NOI $110,416 @ 7.0% cap · market cap 6.17%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Location Intelligence
Trade Area within ½ mile
1,199
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
$396,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Medical Office Space in San Bernardino County, CA
Properties on Market for Medical Office Space in San Bernardino County
Vacancy Rate% for Office in West region
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- 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 - Medical office investment property near Providence St. Mary Medical Center.
Where is this medical office space located?
The property is located at 18270 Siskiyou Rd Apple Valley, CA.
What is the asking price?
The asking price for this property is $1,790,000.
What are key features of this property?
This property features: Located directly behind Providence St. Mary Medical Center, ensuring high demand.; Long‑term net lease tenants provide dependable cash flow.; Well‑maintained property with 36 surface parking stalls.
