Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Commercial Land for Lease Title is generated by Realmo AI

    NWC of Highway 18 and Navajo Road, Apple Valley, CA 92307

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    High-traffic commercial land available for lease in Apple Valley.

    Type:Land
    Lot size:
    0.50 Acres
    Added:
    Jul 16, 2021
    Days on Market:
    1783
    Last Refresh:
    May 12 at 10:28 pm

    Property Features for NWC of Highway 18 and Navajo Road

    General Information

    Standard status
    Active
    Lot size
    0.50 Acres
    Property subtype
    Land

    Spaces For Lease

    at NWC of Highway 18 and Navajo Road Contact us

    We can help!

    Listing Contact
    Paul Galmarini

    Listing agent Paul Galmarini License #CA BRE 01816151

    Listing office Progressive Real Estate Partners

    Listing date Jul 16, 2021

    Source Crexi

    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 Progressive Real Estate Partners

    HighLights

    • High traffic location with approximately 18,175 cars per day on Highway 18.
    • Development potential: LLA can deliver parcel down to approximately 0.5 acres.
    • Proximity to new housing: Over 1,400 residential units approved or under construction nearby.
    • Proven retail demand with successful national retailers already present.
    • Room for additional retailers.
    • Comprised of two existing parcels.

    Overview

    This property is comprised of two existing parcels. A lot line adjustment can be performed to deliver a parcel down to approximately 0.5 acres in size. Located at the northwest corner of Highway 18 and Navajo Road, this site benefits from high traffic, with over approximately 18,175 cars per day on Highway 18 alone. The location has a strong presence of successful national retailers, demonstrating demand, while still offering room for additional retailers. Over 1,400 residential units are approved or under construction nearby.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Apple Valley
    County
    San Bernardino
    State
    California
    Longitude
    -117.115
    Latitude
    34.5744

    Nearby Similar for Lease

    • $1,900/Mo
      1,980 SF

      Apple Valley Industrial Flex Space

      Versatile industrial flex space in established Apple Valley business district.
      13641 John Glenn, Apple Valley, CA 92308
      View Details
    • $2,000/Mo
      1,400 SF

      Medical Office Space Near Hospital

      High-visibility office space ideal for medical or professional use.
      18092 Wika, Apple Valley, CA 92307
      View Details
    • $8,400/Mo
      8,400 SF

      Versatile Commercial/Industrial Property Available

      Commercial/industrial property with convenient access and strong visibility in Apple Valley.
      22379 Eyota, Apple Valley, CA 92308
      View Details
    • Contact for pricing
      5,390 SF

      Retail Space in Apple Valley

      Retail units available in high-visibility Apple Valley location.
      20786 Bear Valley, Apple Valley, CA 92308
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space in Apple Valley

      Retail property available for lease in Apple Valley, California.
      13631 Navajo Road, Apple Valley, CA 92307
      View Details
    • $3,650/Mo
      7,833 SF

      Former Domino's Restaurant Space Available

      Turnkey restaurant space with existing kitchen equipment for lease.
      20200 US Highway 18 Suite D, Apple Valley, CA 92307
      View Details
    • $1.00 SF/Yr
      15,042 SF

      Versatile Space for Healthcare Providers

      Well-maintained 3,000 SF suite ideal for healthcare or professional offices.
      18031 HWY 18 Suite #B, Apple Valley, CA 92307
      View Details
    • $1.30 SF/Yr
      15,100 SF

      Prime Endcap Retail Unit

      Spacious retail unit in a thriving shopping center.
      20162 Us Highway 18 Suite A, Apple Valley, CA 92307
      View Details
    • $2,000/Mo
      2,200 SF

      Apple Valley Storage Space Available

      Commercial lease featuring fenced yard and roll-up door in Apple Valley.
      13535 Pawnee Road, Apple Valley, CA 92308
      View Details
    • $1.50 SF/Yr
      1,800 SF

      Professional/Medical Office Space Available

      First-floor office suite suitable for medical or professional uses.
      18144 US HWY 18, Apple Valley, CA 92307
      View Details
    • Contact for pricing
      1,548 SF

      Versatile Commercial Property in Apple Valley

      Fenced 0.71-acre lot with office, storage, and parking.
      13519 John Glenn, Apple Valley, CA 92308
      View Details
    • Contact for pricing
      2,256 SF

      Apple Valley Office Space Available

      Newer office building with mountain views and tenant improvements.
      16098 Kamana Road, Apple Valley, CA 92307
      View Details

    FAQs

    What type of property is this?
    Commercial land - High-traffic commercial land available for lease in Apple Valley.
    Where is this commercial land located?
    The property is located at NWC of Highway 18 and Navajo Road Apple Valley, CA.
    What are key features of this property?
    This property features: High traffic location with approximately 18,175 cars per day on Highway 18.; Development potential: LLA can deliver parcel down to approximately 0.5 acres.; Proximity to new housing: Over 1,400 residential units approved or under construction nearby.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Paul Galmarini
    Real Estate License ID: CA BRE 01816151
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    NWC of Highway 18 and Navajo Road, Apple Valley, CA 92307
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!