Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    19378 Central Rd Apple Valley, CA 92307

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    17,600 SF Warehouse, NNN Lease, Vacant

    Property size:
    17,600 SF

    Property Features for 19378 Central Rd

    General Information

    Property type
    Distribution centers
    Square Feet
    17,600 SF
    Lot Size
    146,362 SF

    Building Details

    Year Built/Renovated
    1987/2024
    Buildings
    2
    Stories
    1

    We can help!

    Listing Contact
    Carmen Gray
    Carmen Gray

    Listing Agent: Carmen Gray

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 17,600-square-foot industrial warehouse in Apple Valley, CA, presents a compelling investment opportunity. Located on a 3.36-acre lot at 19378 Central Rd, 92307, this property boasts two free-standing buildings, recently renovated (completed by July 2024) and featuring city-mandated upgrades including electrical improvements and a renewed certificate of occupancy. The main building offers 8,000+ square feet of steel-frame construction, while the second building is divided into three 3,200-square-foot units. The property features a 22-foot clear ceiling height, three dock-high doors, and two grade-level doors. Situated within the North Apple Valley Industrial Specific Plan, this property benefits from excellent visibility on Central Road, a large concrete pad ideal for trailer parking or even a helipad, a fully fenced perimeter with 24-hour security, and an asphalt driveway. Zoned Planned Industrial (IP), this versatile space is perfect for distribution, logistics, manufacturing, or shop/warehouse operations. Conveniently located near the Apple Valley Airport and Walmart distribution centers. The asking price is $3,800,000 ($215.91/sq ft), with potential seller financing available (50% down payment). The seller will also consider lease options. APN: 0463-501-11.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto Club Insurance Agency

    Suggested Use

    Building Supply Department Store HVAC Service Big Box & Wholesale Store

    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
    -117.1728424
    Latitude
    34.6020831

    Nearby Similar for Sale

    • New
      $289,900
      1,510 SF

      Renovated Commercial Building in Apple Valley

      Meticulously renovated commercial building with modern workspace and dynamic floor plan.
      21948 Us Highway 18, Apple Valley, CA 92307
      View Details
    • $585,000
      2,615 SF

      Apple Valley Triplex Investment Opportunity

      Triplex in Apple Valley with ADU potential on large lot.
      13073 Mohawk Rd, Apple Valley, CA 92308
      View Details
    • $150,000
      2,640 SF

      Established Bakery Business Opportunity

      Premier bakery serving Apple Valley for over 20 years.
      18429 Ca-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
    • $650,000
      3,372 SF

      Apple Valley Triplex Investment Opportunity

      Well-maintained triplex in a prime Apple Valley location.
      20958 Nisqually 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
    • $650,000
      5,130 SF

      Apple Valley Retail Building For Sale

      Commercial retail building in Apple Valley's Historic Village area.
      21878 Us Highway 18, 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
    • $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
    • $950,000
      2,596 SF

      Automotive Building For Sale

      Fully-leased, 3-bay automotive repair building with fenced storage yard.
      18285 Us Highway 18, Apple Valley, CA 92307
      View Details
    • $500,000

      Downtown Apple Valley Retail/Office Building

      Retail/office building in Downtown Apple Valley's Historic District.
      22573 Us Highway 18, Apple Valley, CA 92307
      View Details
    • $650,000

      Retail Building in Historic Village

      Commercial retail building in Apple Valley's Historic Village area.
      21878 Us Highway 18, Apple Valley, CA 92307
      View Details

    FAQs

    What type of property is this?
    Distribution center - 17,600 SF Warehouse, NNN Lease, Vacant
    Where is this distribution center located?
    The property is located at 19378 Central Rd Apple Valley, CA.
    What is the asking price?
    The asking price for this property is $3,800,000.
    What are key features of this property?
    This property features: Investor/owner-user opportunity: industrial warehouse.; Renovations (including city-mandated upgrades & new Certificate of Occupancy) complete by July 2024.; Industrial zoning; large concrete pad for trailer parking/helipad; asphalt driveway.
    (707) 410-5399 Call to check price and availability
    Request Owner's contact information
    19378 Central Rd Apple Valley, CA 92307
    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.
    19378 Central Rd
    Apple Valley, CA 92307
    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
    19378 Central Rd Apple Valley, CA 92307
    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!
    Contact for Pricing
    Please call us for current price
    and status of this listing Carmen Gray
    Carmen Gray
    Real Estate License ID: 02040799
    (707) 410-5399 (707) 422-4411
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!