21284 Corwin Road, Apple Valley, CA 92307
Commercial Sale - Apple Valley, CA
- Added:
- Jun 16, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 17 at 10:06 am
Property Features for 21284 Corwin Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 0463381780000
- Size
- 29,615 SF
- Lot size
- 3.27 Acres
Building Details
- Year built
- 1989
- Architectural style
- Other
Listing agent Robert Basen License #00521368 (760) 792-8622
Listing office Coldwell Banker Commercial Rea 12138 Industrial Blvd, #100, Victorville, CA (760) 684-8000
Listing date Jun 16, 2026
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 29,615 SF industrial facility built in 1989 on 3.27 acres
- Located within the Apple Valley Industrial Specific Plan
- Minutes from I‑15 Freeway and the Apple Valley Airport
- 12M+ SF of industrial development entitled and underway in the Industrial Specific Plan
- Expansive clear‑height warehouse space plus multiple access points for loading and unloading
- Ample yard space for vehicle or container storage; tenant is open to staying and signing a long‑term lease
Overview
The facility is positioned within the Apple Valley Industrial Specific Plan and is noted as being minutes from the I-15 Freeway and the Apple Valley Airport, supporting regional distribution and supply chain connectivity. The listing further states that over 12 million square feet of industrial development is entitled and underway within the plan.
For tenants or owner-users, the combination of yard capacity, multiple loading access points, and clear-height warehouse space is intended to support day-to-day logistics, warehousing, distribution, manufacturing, or transfer hub use. The tenant is also noted as being open to staying and signing a long-term lease, which may align with users seeking operational continuity. The listing also characterizes the asset as being under replacement cost.
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Apple Valley
- County
- San Bernardino
- State
- California
- Longitude
- -117.1987726
- Latitude
- 34.5708464