21878 Us Highway 18 Apple Valley, CA 92307
This exceptional commercial property, located at 21878 US Hwy 18 in Apple Valley, California, presents a lucrative investment opportunity. The 0.52-acre site boasts a prominent position along US Highway 18, ensuring high visibility and significant foot traffic. The main retail building comprises approximately 5,130 square feet, intelligently divided into three separate spaces. Two of these spaces measure approximately 1,965 square feet each, while the third is roughly 1,200 square feet. Currently, all spaces are fully leased, generating consistent rental income. Adding to the property's value is a substantial rear storage building of approximately 2,500 square feet, also fully leased. The property features three separate electric meters for efficient utility management, with only one unit utilizing a gas meter. This well-maintained retail center is situated in Apple Valley's Historic Village area, offering excellent access and proximity to local amenities. The asking price for this fully leased, high-traffic retail center is $749,000. This represents a strong investment opportunity in a desirable location with proven rental income. The property's size, location, and current occupancy make it an attractive prospect for discerning investors seeking a stable and profitable commercial venture. The combination of retail space and substantial storage capacity provides versatility and potential for future growth.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.