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Refurbished Office Building in Victorville

14318 California Avenue Victorville, CA 92392

14318 California Avenue, Victorville, CA, 92392
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For Sale
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Modern, 12,600+ sq ft office building near civic center.

Property Size12,662 SF
Price / SF$155.98
Days on Market869

Property Features for 14318 California Avenue

General Information

Standard status
Active
Size
12,662 SF
Property subtype
Office
Listing Agency Coldwell Banker Commercial Real Estate Solutions
Listed by Nick DiCosola · License #0121358
Source Crexi
Added: Mar 2, 2024 Checked: Jul 19 at 5:13 am

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


Investment Insights

Based on property information with market context.

Located at 14318 California Avenue in Victorville, California, this office building spans over 12,600 square feet. The space has been refurbished to offer a blend of functionality and style. Its location is near the civic center.

Key Highlights

  • Newly refurbished office building (12,600 sq ft)
  • Prime location near the civic center
  • Modern and sophisticated design

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 $235.5k $18.60
− Vacancy −$42.4k −$3.35
EGI $193.1k $15.25
− OpEx −$48.3k −$3.81
NOI $144.8k $11.44
12,662 SF · lease $18.60/SF/yr · vacancy 18.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.07M
$1.81M – $2.41M (±1% cap)
NOI $144,841 @ 7.0% cap · market cap 7.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.68M
$2.35M – $3.13M (±1% cap)
NOI $187,772 @ 7.0% cap · market cap 9.51%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Freidman Sanford PHD Physician Mc Bride Rhonda Family Counselor My Rights Law ... Law Firm Ross Valerie Law Firm Interim Family Counselor

Suggested Use

Parking Lot & Garage Kitchen & Bath Showroom Skin Care Clinic Garden Center Veterinary Clinic Bakery (Bike/Boat/Book/etc) Store Plumbing Service Food Market Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Modern, 12,600+ sq ft office building near civic center.
Where is this office building located?
The property is located at 14318 California Avenue Victorville, CA.
What is the asking price?
The asking price for this property is $1,975,000.
What are key features of this property?
This property features: Newly refurbished office building (12,600 sq ft); Prime location near the civic center; Modern and sophisticated design
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More about this property
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