Multi-Unit Office
7245 Joshua Lane Yucca Valley, CA 92284
7245 Joshua Lane, Yucca Valley, CA, 92284
$749,000
For Sale
$749,000
Commercial office building totaling 3,360 sq ft, split into two rented units with front and back parking.
Property Size3,360 SF
Price / SF$222.92
Days on Market456
Property Features for 7245 Joshua Lane
General Information
- Standard status
- Active
- Size
- 3,360 SF
- Property subtype
- Office
Building Details
- Year Built
- 1979
Listing agency
The Glen Realty
(760) 365-3328
Listed by
Russell Gibbs · License #01127608
Source
Xome
Added: Apr 23, 2025 Updated: Jul 20 at 7:44PM Checked: Jul 21 at 3:15AM
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 The Glen Realty
Investment Insights
Based on property information with market context.
This commercial office building at 7245 Joshua Lane offers a total of 3,360 sq ft split into two separate units. Both units are currently rented, with one side potentially opening up soon. The property includes parking in both the front and the back, supporting convenient access for tenants and visitors.
Located just off the highway on a well-traveled road, the building is positioned for visibility and easy access. The surrounding area includes nearby daily-use amenities, including banks and the post office, each described as within a short walk.
For ownership, the seller indicates that owner financing may be available, with an estimated $200,000 down payment on acceptable terms. The combination of income-producing occupancy and the possibility of additional space becoming available supports a flexible hold or owner-occupant use scenario.
Located just off the highway on a well-traveled road, the building is positioned for visibility and easy access. The surrounding area includes nearby daily-use amenities, including banks and the post office, each described as within a short walk.
For ownership, the seller indicates that owner financing may be available, with an estimated $200,000 down payment on acceptable terms. The combination of income-producing occupancy and the possibility of additional space becoming available supports a flexible hold or owner-occupant use scenario.
Key Highlights
- Commercial office building totaling 3,360 sq ft, split into two rented units
- Front and back parking for the building
- Central air cooling and heating system included
Local Financial Insights For Office B
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 | $57.3k | $17.04 |
| − Vacancy | −$4.5k | −$1.35 |
| EGI | $52.7k | $15.69 |
| − OpEx | −$13.2k | −$3.92 |
| NOI | $39.5k | $11.77 |
3,360 SF · lease $17.04/SF/yr · vacancy 7.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$565.0K
$494.4K – $659.1K
NOI $39,548 @ 7.0% cap · market cap 5.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$708.7K
$620.2K – $826.9K
NOI $49,612 @ 7.0% cap · market cap 6.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Huntington Music
Tutoring Service
Family Service Association
Association / Organization
OnTrac Drop Box
Logistics Company
Tease Shirts
Factory
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Commercial office building totaling 3,360 sq ft, split into two rented units with front and back parking.
Where is this office building located?
The property is located at 7245 Joshua Lane Yucca Valley, CA.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Commercial office building totaling 3,360 sq ft, split into two rented units; Front and back parking for the building; Central air cooling and heating system included
