21284 Corwin Road Apple Valley, CA 92307
29,615 SF industrial facility in a high-growth market.
- Added:
- May 27, 2025
- Days on Market:
- 411
- Last Refresh:
- Jul 5 at 2:05 pm
Property Features for 21284 Corwin Road
General Information
- Standard status
- Active
- Size
- 29,615 SF
- Lot size
- 3.27 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1989
Listing office Coldwell Banker Commercial Real Estate Solutions
Listing date May 27, 2025
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Real Estate Solutions
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location within the Apple Valley Industrial Specific Plan, a rapidly expanding industrial zone.
- Excellent regional connectivity, located minutes from the I‑15 Freeway and Apple Valley Airport.
- Versatile 29,615 square foot facility suitable for logistics, warehousing, manufacturing, distribution, or transfer hub use.
Local Financial Insights For Warehouse
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 | $369.6k | $12.48 |
| − Vacancy | −$22.2k | −$0.75 |
| EGI | $347.4k | $11.73 |
| − OpEx | −$52.1k | −$1.76 |
| NOI | $295.3k | $9.97 |
