22391 Bear Valley Rd Apple Valley, CA 92308
This exceptional investment opportunity presents 11.14 acres of vacant commercial land in Apple Valley, CA, at the high-traffic intersection of Bear Valley Road and Central Road. The property includes a partially completed 35,000 square foot building (approximately 60% complete), three additional unfinished buildings, and five pad sites. Ideally situated near the Town of Apple Valley Performing Arts Center, this location benefits from significant ongoing development, including a new convenience store, gas station, car wash, and a 3,000 square foot restaurant. Further development is underway at the northeast corner, adding to the area's growth potential. Bear Valley Road is a major thoroughfare connecting the high desert to mountain communities (Big Bear, Lake Arrowhead) and lower desert areas (Yucca Valley, Desert Hot Springs, Palm Springs), ensuring high visibility and accessibility. The asking price is $4,200,000. Accepted offers are contingent upon successful parcel subdivision completion and recording, along with a signed shared common area and grounds maintenance agreement. This is a rare chance to acquire a substantial retail property in a rapidly developing area.
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.