Unfinished Commercial Property in Apple
22311 Bear Valley, Apple Valley, CA 92308
Unfinished commercial property on 11 acres in Apple Valley.
Type:Retail
Property size:
35,000 SFLot size:
11.00 AcresPrice / SF:
$185/SF- Added:
- Mar 5, 2026
- Days on Market:
- 86
- Last Refresh:
- Apr 5 at 8:50 pm
Property Features for 22311 Bear Valley
General Information
- Standard status
- Active
- Size
- 35,000 SF
- Lot size
- 11.00 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2007
Listing agent Paul Leon License #00915214
Listing office Coldwell Banker Commercial Real Estate Solutions (760) 684-8000
Listing date Mar 5, 2026
Source Cbcworldwide
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 Coldwell Banker Commercial Real Estate Solutions
HighLights
- High‑traffic, high‑visibility location at the intersection of Bear Valley Road and Central Road.
- Substantial 11‑acre lot size.
- Multiple structures in various stages of completion, offering flexible development options.
- Includes a 35,000 sq. ft. main commercial building.
- Located in a rapidly growing market surrounded by established retail and residential developments.
- Includes two 5,000 sq. ft. fast‑food pads and one 7,000 sq. ft. retail pad.
Overview
Located at the high-traffic intersection of Bear Valley Road and Central Road, Apple Valley Plaza is an unfinished commercial property spanning approximately 11 acres. The development includes multiple structures in various stages of completion. The main commercial building is 35,000 square feet, accompanied by a 10,000-square-foot retail building and a 5,000-square-foot building suitable for office or service use. Additionally, there are two 5,000-square-foot fast-food pads and one 7,000-square-foot retail pad. This property offers an opportunity for investors or developers to complete and customize a commercial center in a visible corridor of Apple Valley. The location benefits from high traffic and visibility, surrounded by established retail and residential developments, presenting an excellent opportunity to reposition a prime commercial center in a rapidly growing market.
Local Financial Insights For Retail
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 | $756.0k | $21.60 |
| − Vacancy | −$39.3k | −$1.12 |
| EGI | $716.7k | $20.48 |
| − OpEx | −$215.0k | −$6.14 |
| NOI | $501.7k | $14.33 |
35,000 SF · lease $21.60/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$7.17M
$6.27M – $8.36M
NOI $501,682 @ 7.0% cap · market cap 7.72%
Second Best
Office B
$5.89M
$5.15M – $6.87M
NOI $411,963 @ 7.0% cap · market cap 6.34%
Theoretical Best
Office A
$7.38M
$6.46M – $8.61M
NOI $516,792 @ 7.0% cap · market cap 7.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Van's Kitchen Thai ...
Restaurant
Similar Places Nearby
- Apple Valley Plaza — Apple Valley, CA 92308
Location Insight
- Map
- Local Demand
- City
- Apple Valley
- County
- San Bernardino
- State
- California
- Longitude
- -117.174
- Latitude
- 34.4706
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - Unfinished commercial property on 11 acres in Apple Valley.
Where is this shopping center located?
The property is located at 22311 Bear Valley Apple Valley, CA.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: High‑traffic, high‑visibility location at the intersection of Bear Valley Road and Central Road.; Substantial 11‑acre lot size.; Multiple structures in various stages of completion, offering flexible development options.
