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Conventional Restaurant
For Sale
$600,000

21919 US Highway 18, Apple Valley, CA 92307

Located on US Highway 18 in Apple Valley, California, with access supported by car, bicycle, walking, and transit scores.

Property Size2,651 SF
Days on Market159

Property Features for 21919 US Highway 18

General Information

Standard status Active
Size 2,651 SF
Property subtype Commercial

Building Details

Building Size 2,651 SF
Listing Agency: Real Brokerage Technologies, Inc.
Listed By: Omar Alfaro · License #01358569
Source: Elliman
Added: May 10 Changed: Oct 1 Last Checked: Oct 14 at 11:45PM

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 Real Brokerage Technologies, Inc.

Investment Insights

Based on property information with market context.

This conventional restaurant property is located at 21919 US Highway 18 in Apple Valley, California. The available property information identifies the asset as a restaurant and provides transportation scores for the surrounding area.

The location records a bikeScore of 36, described as Somewhat Bikeable, a walkScore of 49, described as Car-Dependent, and a transitScore of 37, described as Some Transit. These metrics provide context for bicycle, pedestrian, and transit accessibility at the property address.

Key Highlights

  • 21919 US Highway 18 address in Apple Valley, CA 92307
  • bikeScore: 36, Somewhat Bikeable
  • walkScore: 49, Car‑Dependent

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,999
Cap Rate
6.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$759,980 $760.0K
Cap Rate 7%
$542,843 $542.8K
Cap Rate 9%
$422,211 $422.2K
Market Conditions
NOI Build-Up for 2,651 SF
Gross rent
$57.3K $21.60/SF
− Vacancy
−$3.0K −$1.12/SF
EGI
$54.3K $20.48/SF
− OpEx
−$16.3K −$6.14/SF
NOI
$38.0K $14.33/SF
Area
San Bernardino County, CA
Vacancy
5.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$759,980
Cap Rate 7%
$542,843
Cap Rate 9%
$422,211

Alternative Uses

Best Use
Retail
$542.8K
$475.0K – $633.3K (±1% cap)
NOI $37,999 @ 7.0% cap · market cap 6.33%
Second Best
Specialty Retail
$367.3K
$321.4K – $428.5K (±1% cap)
NOI $25,709 @ 7.0% cap · market cap 4.28%
Theoretical Best
Office A
$559.2K
$489.3K – $652.4K (±1% cap)
NOI $39,143 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Law Firm Restaurant Nail Salon

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

655
Businesses Nearby
Under-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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Located on US Highway 18 in Apple Valley, California, with access supported by car, bicycle, walking, and transit scores.
Where is this conventional restaurant located?
The property is located at 21919 US Highway 18 Apple Valley, CA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 21919 US Highway 18 address in Apple Valley, CA 92307; bikeScore: 36, Somewhat Bikeable; walkScore: 49, Car‑Dependent
More about this property
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