Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Air Expy Adelanto, CA
    Back to Search
    Property profile & analytics

    Air Expy Adelanto, CA

    View on Map
    • Industrial properties
    • 20.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for Air Expy

    Lot size
    20.00 lot acres
    Property type
    Industrial properties

    Description

    This exceptional 20-acre industrial property in Adelanto, CA, presents a unique opportunity for cannabis cultivation, manufacturing, distribution, and testing. Located on the southwest corner of Daisy Road and Air Expressway, this build-to-suit project boasts a pre-approved Conditional Use Permit (CUP) and complete engineering plans, ready for immediate groundbreaking. The site comprises ten separate parcels, six of which are ideal for constructing individual 44,000-square-foot warehouses. Each warehouse is divisible into two units, and the addition of second-floor mezzanines is possible. The seller offers build-to-suit options on 2-acre parcels. The property features 23-foot ceiling heights at the center of each building, along with included office space and bathrooms. This prime location offers convenient access to Highway 395, Interstate 15, and the California Logistics Airport. Situated within an Opportunity Zone, this property is also strategically positioned for significant future growth. Additional building sites and retail parcels are also available. Joint venture and investor inquiries are welcome.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Adelanto
    County
    San Bernardino
    State
    California
    Longitude
    -117.418
    Latitude
    34.5719

    Comparable in this City

    • Value Estimation by Request
      6,375.57 Acres

      Mineral King Tr Trl, CA

      LABOR CAMPS (INDUSTRIAL) • 6,375.57 Acres
      Mineral King Tr Trl, CA
      View Details
    • Value Estimation by Request
      19.42 Acres

      Packing House Cold S, CA

      HEAVY INDUSTRIAL • 19.42 Acres
      Packing House Cold S, CA
      View Details
    • Value Estimation by Request
      2,640 SF

      3250 Somis Rd

      INDUSTRIAL (GENERAL) • 2,640 SF
      3250 Somis Rd, Camarillo, CA
      View Details
    • Value Estimation by Request
      5,886 SF

      Dolores St

      Industrial properties • 5,886 SF
      Dolores St, Carmel, CA
      View Details
    • Value Estimation by Request

      1 Robertson St

      Industrial properties
      1 Robertson St, Ramona, CA
      View Details
    • Value Estimation by Request
      100,000 SF

      Harvest

      Industrial properties • 100,000 SF
      Harvest, Willows, CA
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      897,772 SF

      20.61 Acres with 31,200 SF Building

      20.61 acres with a 31,200 SF building for rent.
      NW Of Emerald Rd And Cassia St, Adelanto, CA
      View Details
    • Contact for pricing
      100,998 SF

      Olivehurst Industrial Property For Sale

      Industrial property in Olivehurst, CA, with highway accessibility.
      5109 Feather Riv Blvd, Olivehurst, CA
      View Details
    • $15,000,000
      64,610 SF

      Sun Valley Industrial Multi-Tenant Property

      Industrial property featuring multiple units and freeway access in Sun Valley.
      11144 Penrose St, Sun Valley, CA
      View Details
    • Contact for pricing
      8,280 SF

      Industrial Property in San Joaquin

      8,280 SF industrial property available for sale.
      21962 Railroad Ave, San Joaquin, CA
      View Details
    • Contact for pricing
      6,833 SF

      New Construction Industrial Building

      High-quality, energy-efficient industrial building in French Valley Airport Center.
      37377 Industry Way, Murrieta, CA
      View Details
    • Contact for pricing
      1,739 SF

      Ventura Industrial Condo For Sale

      Industrial condo available for sale, close to 101 Freeway.
      2889 Bunsen Ave, Ventura, CA
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Property in Baldwin Park

      Fully leased industrial property in Baldwin Park, California.
      5042-5052 Calmview Ave, Baldwin Park, CA
      View Details
    • Contact for pricing

      Industrial Property Fully Leased

      Industrial property in Canoga Park, currently 100% leased.
      8115 Canoga Ave, Canoga Park, CA
      View Details
    • $0.50 SF/Yr
      970 SF

      Industrial Property Fully Leased

      Industrial property in San Bernardino, currently 100% leased.
      1802 Commercenter Dr W, San Bernardino, CA
      View Details
    • Contact for pricing

      Industrial Property in Sun Valley

      Fully leased industrial property in Sun Valley, California.
      7542 Delia Ave, Sun Valley, CA
      View Details
    • Contact for pricing

      Industrial Property in Goleta

      Leased industrial property located in Goleta, California.
      6489 Calle Real, Goleta, CA
      View Details
    • Contact for pricing

      Leased Industrial Property in West Hollywood

      100% leased industrial property in West Hollywood, CA.
      7321-7327 Santa Monica Blvd, West Hollywood, CA
      View Details
    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.
    Air Expy
    Adelanto, CA
    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
    Air Expy, Adelanto, CA
    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!