Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    ±0.59 Acres Bear Vly Rd Apple Valley, CA 92308

    Sponsored
    For Sale
    $150,930

    High-traffic, prime commercial lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    408
    This exceptional 0.59-acre commercial land parcel in Apple Valley, CA (APN 0434-042-12), is now available for $150,930. Boasting a highly desirable C-2 zoning, this property presents a remarkable investment opportunity. Situated on Bear Valley Road, a major thoroughfare in San Bernardino County, it benefits from exceptional visibility and high daily traffic counts, ensuring optimal exposure for any commercial venture. Its strategic location near existing retail, office, and residential developments provides immediate access to a substantial customer base. The property enjoys approximately 129.6 lineal feet of frontage along Bear Valley Road, maximizing its potential. A recent price reduction reflects a 10% decrease. Market analysis indicates approximately 11,689 households within a one-mile radius, exhibiting an average household income of $81,775 (Source: U.S. Census Bureau, Census 2010 Summary File 1, Esri forecasts for 2021 and 2026). The property's proximity to I-15 further enhances its accessibility and appeal. Located directly across from Tractor Supply, this site is poised for significant growth and presents a compelling opportunity for developers and investors seeking a prime location in a thriving area. The property is zoned for shopping centers and retail uses.

    Property Features for 0 ±0.59 Acres Bear Vly Rd

    General Information

    Property type
    Land
    Lot Size
    25,700 SF

    We can help!

    Listing Contact
    Joseph Brady
    Joseph Brady

    Learn more

    HighLights

    • $167,700 list price.
    • 25,700 square feet of land at $6.53 per square foot.
    • 0.59 acres at $284,241.71 per acre.
    • C‑2 zoning.
    • Vacant land suitable for retail/shopping center development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Apple Valley
    County
    San Bernardino
    State
    California
    Longitude
    -117.1940296
    Latitude
    34.4714786

    Nearby Similar for Sale

    • $169,000
      4,140.00 Acres

      Premium Lot in Jess Ranch RV

      Premium RV lot with retreat building in gated resort community.
      11624 Ridgemark Rd, Apple Valley, CA 92308
      View Details
    • $200,000
      4,500.00 Acres

      Jess Ranch RV Lot

      Corner lot in a vibrant RV community.
      11555 Wedgewood Dr, Apple Valley, CA 92308
      View Details
    • $319,950
      1,510 SF

      Renovated Commercial Building For Sale

      Meticulously renovated commercial building with modern workspace in Apple Valley.
      21948 Us Highway 18, Apple Valley, CA 92307
      View Details
    • $3,250,000
      38,215 SF

      Unique Apple Valley Commercial Opportunity

      Versatile commercial property with owner financing in Apple Valley.
      22092 Us Highway 18, Apple Valley, CA 92307
      View Details
    • $168,000
      4,140.00 Acres

      RV Resort Lot with Building

      Own your lot in Jess Ranch RV Resort!
      11600 Ridgemark Rd, Apple Valley, CA 92308
      View Details
    • $2,100,000
      Pending

      Mixed-Use Property in Apple Valley

      Commercial and residential property for sale in Apple Valley, CA.
      16377 Wato Rd, Apple Valley, CA 92307
      View Details
    • $4,410,000
      5,592 SF

      Bank of America NNN Lease

      NNN leased to Bank of America in Jess Ranch marketplace.
      19095 Bear Valley Rd, Apple Valley, CA 92308
      View Details
    • $2,825,000
      12,438 SF

      Industrial Flex Investment Opportunity

      Fully occupied industrial flex property in Apple Valley's commercial corridor.
      13631 Pawnee Rd, Apple Valley, CA 92308
      View Details
    • $137,500
      4,050.00 Acres

      Improved RV Lot in Apple Valley

      Turnkey RV lot with full hookups in a maintained community.
      11670 Wedgewood Dr, Apple Valley, CA 92308
      View Details
    • New
      $136,000
      5,806.00 Acres

      RV Resort Lot in Apple Valley

      Spacious RV resort lot with utilities, amenities, and convenient location.
      19348 Birdie Way, Apple Valley, CA 92308
      View Details
    • $4,000,000
      29,615 SF

      Apple Valley Industrial Facility For Sale

      29,615 SF industrial facility on 3.27 acres in Apple Valley.
      21284 Corwin Rd, Apple Valley, CA 92307
      View Details
    • $6,500,000
      52,000 SF

      Apple Valley Plaza Commercial Opportunity

      Unfinished commercial property in high-traffic Apple Valley location.
      22311 Bear Valley Rd, Apple Valley, CA 92308
      View Details

    FAQs

    What type of property is this?
    Land - High-traffic, prime commercial lot.
    Where is this land located?
    The property is located at ±0.59 Acres Bear Vly Rd Apple Valley, CA.
    What is the asking price?
    The asking price for this property is $150,930.
    What are key features of this property?
    This property features: $167,700 list price.; 25,700 square feet of land at $6.53 per square foot.; 0.59 acres at $284,241.71 per acre.
    Request Owner's contact information
    ±0.59 Acres Bear Vly Rd Apple Valley, CA 92308
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    ±0.59 Acres Bear Vly Rd
    Apple Valley, CA 92308
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    ±0.59 Acres Bear Vly Rd Apple Valley, CA 92308
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Joseph Brady
    Joseph Brady
    Real Estate License ID: CA 00773589
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.