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    21878 Us Highway 18 Apple Valley, CA 92307

    Sponsored
    For Sale
    $749,000

    High-Visibility Retail Property, Fully Leased

    Property size:
    5,130 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at 21878 US Hwy 18 in Apple Valley, California, presents a lucrative investment opportunity. The 0.52-acre site boasts a prominent position along US Highway 18, ensuring high visibility and significant foot traffic. The main retail building comprises approximately 5,130 square feet, intelligently divided into three separate spaces. Two of these spaces measure approximately 1,965 square feet each, while the third is roughly 1,200 square feet. Currently, all spaces are fully leased, generating consistent rental income. Adding to the property's value is a substantial rear storage building of approximately 2,500 square feet, also fully leased. The property features three separate electric meters for efficient utility management, with only one unit utilizing a gas meter. This well-maintained retail center is situated in Apple Valley's Historic Village area, offering excellent access and proximity to local amenities. The asking price for this fully leased, high-traffic retail center is $749,000. This represents a strong investment opportunity in a desirable location with proven rental income. The property's size, location, and current occupancy make it an attractive prospect for discerning investors seeking a stable and profitable commercial venture. The combination of retail space and substantial storage capacity provides versatility and potential for future growth.

    Property Features for 21878 Us Highway 18

    General Information

    Property type
    Land
    Square Feet
    5,130 SF

    HighLights

    • High‑visibility 5,130 SF retail building on 0.52‑acre lot at 21878 US Hwy 18, Apple Valley, CA.
    • Building divided into three leasable spaces (1,965 SF, 1,965 SF, and 1,200 SF), all currently leased.
    • Includes a separate 2,500 SF leased storage building.
    • Three electric meters and one gas meter for efficient utility management.
    • Asking price: $749,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    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
    -117.1264753
    Latitude
    34.5869607

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    FAQs

    What type of property is this?
    Land - High-Visibility Retail Property, Fully Leased
    Where is this land located?
    The property is located at 21878 Us Highway 18 Apple 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: High-visibility 5,130 SF retail building on 0.52-acre lot at 21878 US Hwy 18, Apple Valley, CA.; Building divided into three leasable spaces (1,965 SF, 1,965 SF, and 1,200 SF), all currently leased.; Includes a separate 2,500 SF leased storage building.
    Request Owner's contact information
    21878 Us Highway 18 Apple Valley, CA 92307
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    Apple Valley, CA 92307
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    21878 Us Highway 18 Apple Valley, CA 92307
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