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    Industrial Distribution Facility with Yard Title is generated by Realmo AI

    21284 Corwin Road, Apple Valley, CA 92307

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    Claim this Listing
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    For Sale
    $4,000,000

    Commercial Sale - Apple Valley, CA

    Property size:
    29,615 SF
    Lot size:
    3.27 Acres
    Price / SF:
    $135/SF
    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

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    Listing Contact
    Robert Basen

    Listing agent Robert Basen License #00521368

    Listing office Coldwell Banker Commercial Rea 12138 Industrial Blvd, #100, Victorville, CA

    Listing date Jun 16, 2026

    MLS# HD26131520 Listing URL

    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

    An approximately 29,615-square-foot industrial facility on 3.27 acres in Apple Valley’s Industrial Specific Plan. The building is described as offering expansive clear-height space and a versatile interior layout suited to logistics, warehousing, manufacturing, or distribution. The site includes ample yard space for vehicle or container storage and multiple access points to support efficient loading and unloading operations. The property has operated as a transfer and storage center for a business with more than 40 years of proven operations, and the listing is presented as a turnkey option for an owner-user or investor.

    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
    29,615 SF · lease $12.48/SF/yr · vacancy 6.00% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $4.22M
    $3.69M – $4.92M (±1% cap)
    NOI $295,307 @ 7.0% cap · market cap 7.38%
    Second Best
    Industrial
    $3.47M
    $3.04M – $4.05M (±1% cap)
    NOI $243,194 @ 7.0% cap · market cap 6.08%
    Theoretical Best
    Office A
    $6.25M
    $5.47M – $7.29M (±1% cap)
    NOI $437,279 @ 7.0% cap · market cap 10.93%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Shred Your Docs.Com Recycling Center Apple Valley Transfer ... Moving Company

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Big Box & Wholesale Store Hotel & Motel Restaurant Parking Lot & Garage

    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
    -117.1987726
    Latitude
    34.5708464

    FAQs

    What type of property is this?
    Warehouse - Turnkey industrial facility with expansive clear-height space, multiple loading access points, and substantial yard for logistics and storage.
    Where is this warehouse located?
    The property is located at 21284 Corwin Road Apple Valley, CA.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: 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
    More about this property
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