Lucerne Valley Commercial Property For
For Sale
$399,000
31717 hwy 18, Lucerne Valley, CA 92356
1.03-acre commercial property with offices, storage, and development potential.
Property Size1,152 SF
Lot Size1.03 Acres
Days on Market313
Property Features for 31717 hwy 18
General Information
Standard status
Active
Size
1,152 SF
Lot size
1.03 Acres
Property subtype
Commercial
Building Details
Building Size
1,152 SF
Year Built
1981
Listed By:
Jinbai Li · License #01851593
(626) 622-7519
Source:
Elliman
Added: Nov 28, 2025
Changed: Oct 7
Last Checked: Oct 7 at 2:07PM
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 Jinbai Li
Investment Insights
Based on property information with market context.
This 1.03-acre property is currently licensed as a car lot and offers opportunities for various businesses. The fully fenced land includes rolling gates, two offices, two large storage rooms, a metal garage with a rollup door, and covered storage. The back portion of the property could be used to build a home. The property's value may appreciate with upcoming local growth.
Key Highlights
- 1.03 acres of fully fenced land.
- Licensed for business with potential to build a home on the back portion.
- Includes two offices and two large storage rooms.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,512
Cap Rate
4.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$330,240
$330.2K
Cap Rate 7%
$235,886
$235.9K
Cap Rate 9%
$183,467
$183.5K
Market Conditions
NOI Build-Up for 1,152 SF
Gross rent
$24.9K $21.60/SF
− Vacancy
−$1.3K −$1.12/SF
EGI
$23.6K $20.48/SF
− OpEx
−$7.1K −$6.14/SF
NOI
$16.5K $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%
$330,240
Cap Rate 7%
$235,886
Cap Rate 9%
$183,467
Alternative Uses
Best Use
Retail
$235.9K
$206.4K – $275.2K
NOI $16,512 @ 7.0% cap · market cap 4.14%
Second Best
Specialty Retail
$159.6K
$139.7K – $186.2K
NOI $11,172 @ 7.0% cap · market cap 2.80%
Theoretical Best
Office A
$243.0K
$212.6K – $283.5K
NOI $17,010 @ 7.0% cap · market cap 4.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
66
Businesses Nearby
Explore this area
Business Placement
Demographics for 92356, CA
6,050
Population
3,053
Households
2
Avg Household Size
45
Median Age
15%
College-Educated
77%
High-School Grad
365.6 sq mi
ZIP Area
17
Density / Sq Mi
$46,625
Median Household Income
$33,144
Median Earnings
$1,138
Median Rent
$239,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Car wash - 1.03-acre commercial property with offices, storage, and development potential.
Where is this car wash located?
The property is located at 31717 hwy 18 Lucerne Valley, CA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 1.03 acres of fully fenced land.; Licensed for business with potential to build a home on the back portion.; Includes two offices and two large storage rooms.
