Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    00 Lessing Ave Adelanto, CA 92301

    • Land
    • 30.00 lot acres
    For Sale
    View listing
    $70,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 00 Lessing Ave

    Lot size
    30.00 lot acres
    Property type
    Land
    Property subtype
    Agricultural properties

    Description

    This exceptional 30-acre parcel of vacant land presents a unique investment opportunity in Adelanto, California. Situated on the southwest corner of Vintage Road and Lessing Avenue, south of El Mirage Road, in San Bernardino County, this property boasts a convenient location with significant development potential. The property's APN is 0458-132-31. The land is zoned for Rural Living, offering a wide array of potential uses, subject to verification by the buyer. Prospective buyers are responsible for independently confirming all zoning regulations and the availability of essential utilities such as water, electricity, and sewer with the relevant authorities. This expansive acreage provides ample space for various projects, from residential development to agricultural pursuits, making it an attractive proposition for investors seeking a substantial land holding in a rapidly growing area. The property's location offers easy access to major transportation routes, further enhancing its appeal. Detailed site surveys and environmental assessments are recommended before any development plans are finalized. This is a remarkable opportunity to acquire a significant land asset in a desirable location. Serious inquiries only.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Adelanto
    County
    San Bernardino
    State
    California
    Longitude
    -117.507
    Latitude
    34.5903

    Comparable in this City

    • Value Estimation by Request
      10.00 Acres

      Parkdale Rd

      Farms • 10.00 Acres
      0 Parkdale Rd, Adelanto, CA 92301
      View Details
    • Value Estimation by Request
      40.00 Acres

      00000Richardson Rd

      Farms • 40.00 Acres
      0 00000Richardson Rd, Adelanto, CA 92301
      View Details
    • Value Estimation by Request
      10.05 Acres

      4300 El Mirage Rd

      Farms • 10.05 Acres
      4300 El Mirage Rd, El Mirage, CA 92301
      View Details
    • Value Estimation by Request
      20.00 Acres

      28450 Pne Rdg Rd

      Farms • 20.00 Acres
      28450 Pne Rdg Rd, Adelanto, CA 92301
      View Details
    • Value Estimation by Request
      34.79 Acres

      9001 Rancho Rd

      Farms • 34.79 Acres
      9001 Rancho Rd, Adelanto, CA 92301
      View Details
    • Value Estimation by Request
      10.00 Acres

      Adelanto CA Hibiscus Rd

      Farms • 10.00 Acres
      Adelanto CA Hibiscus Rd, Adelanto, CA 92301
      View Details

    Similar Nearby for Sale

    • $70,000
      30.00 Acres

      Adelanto, CA: 30 Acres of Land

      Prime Rural Living Land - $70,000
      00 Lessing Ave, Adelanto, CA 92301
      View Details
    • $349,000
      10.00 Acres

      Adelanto Cannabis Cultivation Land

      10-Acre Industrial Land, Cannabis Ready
      Adelanto CA Hibiscus Rd, Adelanto, CA 92301
      View Details
    • $995,000
      34.79 Acres

      Adelanto Industrial Land - 34.79 Acres

      Prime CA industrial land, diverse zoning. Great investment opportunity.
      9001 Rancho Rd, Adelanto, CA 92301
      View Details
    • $199,000
      10.00 Acres

      10-Acre Adelanto Land Investment

      Prime CA land, ideal for diverse development.
      0 Parkdale Rd, Adelanto, CA 92301
      View Details
    • $800,000
      618,116.00 Acres

      Adelanto Land on Highway 395

      14.19 acre industrial zoned land with highway frontage.
      395 - 14.19ac Desoto & Hwy, Adelanto, CA 92301
      View Details
    • $199,000
      90,000.00 Acres

      Adelanto Cannabis/Industrial Development Site

      2.07 acre lot in Adelanto's Cannabis Development Priority Zone.
      Montezuma St, Adelanto, CA 92301
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      43,560 SF

      Victorville Commercial Land - US 395

      ±16.74 Acres, Divisible, Prime Location
      0 Swc Us-395 & Seneca Rd, Victorville, CA 92301
      View Details
    • Contact for pricing
      20,670 SF

      Adelanto Industrial Build-to-Suit

      High-bay warehouse, flexible lease options.
      16585 Beaver Rd, Adelanto, CA 92301
      View Details
    • $0.05 SF/Yr
      6 SF

      Secured Land with Flexible Options

      Fenced land with security, adaptable leasing, and utility options.
      16254 Beaver Rd, Adelanto, CA 92301
      View Details
    • Contact for pricing
      814,136 SF

      Adelanto Land for Lease

      Approximately 18.69 acres of land available for lease.
      16421 Adelanto Rd, Adelanto, CA 92301
      View Details
    • $13 SF/Yr
      20,670 SF

      Adelanto Industrial Property

      20,670 SF Warehouse, 5.5 Acres
      16585 Beaver Rd, Adelanto, CA 92301
      View Details
    • $1.25 SF/Yr
      12,000 SF

      Freestanding Warehouse with Fenced Yard

      Freestanding warehouse with electrified fenced yard and easy highway access.
      12080 Rancho Rd, Adelanto, CA 92301
      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.
    00 Lessing Ave
    Adelanto, CA 92301
    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

    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.