Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    000 Central Rd Apple Vly Apple Valley, CA 92308

    • Land
    • 0.82 lot acres
    For Sale
    View listing
    $120,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 000 Central Rd Apple Vly

    Lot size
    0.82 lot acres
    Property type
    Land

    Description

    This exceptional 0.82-acre vacant land parcel presents a remarkable investment opportunity in Apple Valley, California. Strategically located on heavily trafficked Central Road, this property enjoys high visibility and accessibility. Situated in the heart of Apple Valley's industrial area, it's conveniently positioned just north of Ottawa Road and less than half a mile south of US Highway 18, ensuring excellent connectivity and exposure to a substantial customer base. The property is zoned Village Specific Plan within District 2, offering a diverse range of permitted uses. These include retail establishments, office and professional spaces, commercial services, quasi-industrial facilities, and even outdoor storage options, providing considerable flexibility for potential development. The APN is 3087-392-37. An adjacent parcel of similar size is also available for purchase, presenting the possibility of acquiring a combined 1.64 acres for a larger-scale development project. Apple Valley is experiencing significant commercial growth, making this an opportune moment to secure a prime location and capitalize on the town's upward trajectory. The asking price for this exceptional property is $120,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Apple Valley
    County
    San Bernardino
    State
    California
    Longitude
    -117.173
    Latitude
    34.4825

    Comparable in this City

    • Value Estimation by Request
      0.59 Acres

      ±0.59 Acres Bear Vly Rd

      Land • 0.59 Acres
      0 ±0.59 Acres Bear Vly Rd, Apple Valley, CA 92308
      View Details
    • Value Estimation by Request

      00000 Bear Valley Rd

      Land
      00000 Bear Valley Rd, Apple Valley, CA 92308
      View Details
    • Value Estimation by Request
      52.79 Acres

      Del Oro Rd

      Land • 52.79 Acres
      0 Del Oro Rd, Apple Valley, CA 92308
      View Details
    • Value Estimation by Request
      36.20 Acres

      23676 Tussing Ranch Rd

      Land • 36.20 Acres
      23676 Tussing Ranch Rd, Apple Valley, CA 92308
      View Details
    • Value Estimation by Request

      Algonquin Rd

      Land
      0 Algonquin Rd, Apple Valley, CA 92308
      View Details
    • Value Estimation by Request
      35,000 SF

      22391 Bear Valley Rd

      Land • 35,000 SF
      22391 Bear Valley Rd, Apple Valley, CA 92308
      View Details

    Similar Nearby for Sale

    • $495,000
      14.24 Acres

      Apple Valley Land: 14 Acres

      Prime 14-acre residential lot in Apple Valley, CA.
      0 Bear Valley Rd, Apple Valley, CA 92308
      View Details
    • $90,900

      Flat Land Priced to Sell

      Flat land with many possibilities.
      Memory Ln, Apple Valley, CA 92308
      View Details
    • $68,500

      2.87 Acre Building Lot

      2.87 acre building lot with desirable topography and views.
      Roundup Way, Apple Valley, CA 92308
      View Details
    • $87,500

      Land in Apple Valley

      Land available for sale in Apple Valley, CA.
      22109 Tussing Rnch Rd Rd, Apple Valley, CA 92308
      View Details
    • $48,500

      Apple Valley Land with Views

      Three acres of flat, usable land with mountain views.
      Corta Rd, Apple Valley, CA 92308
      View Details
    • $1,850,000

      Land For Sale Apple Valley

      Land available for sale in Apple Valley, California.
      Milpas Rd, Apple Valley, CA 92308
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      2,200 SF

      13535 Pawnee Rd

      Distribution properties • 2,200 SF
      13535 Pawnee Rd, Apple Valley, CA 92308
      View Details
    • Contact for pricing

      Industrial Warehouse Unit For Rent

      Industrial warehouse unit in Apple Valley, versatile space for businesses.
      22275 Powhatan Rd, Apple Valley, CA 92308
      View Details
    • $0.75 SF/Yr
      10,000 SF

      Functional Industrial Space Available

      Functional industrial space available for lease at an affordable rate.
      22275 Powhattan Rd. Unit, Apple Valley, CA 92308
      View Details
    • $0.75 SF/Yr
      10,000 SF

      Industrial Warehouse Unit For Rent

      Industrial warehouse unit in Apple Valley, versatile space.
      22275 Powhattan Rd. Unit, Apple Valley, CA 92308
      View Details
    • Contact for pricing
      408,000 SF

      Jess Ranch Marketplace Retail Space

      Apple Valley Power Center - Spaces Available
      Marketplace Jess Ranch Pkwy, Apple Valley, CA 92308
      View Details
    • Contact for pricing
      3,920 SF

      Apple Valley Industrial Space Available

      Industrial/warehouse space for lease in Apple Valley, California.
      22264 Ottawa Rd, Apple Valley, CA 92308
      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.
    000 Central Rd Apple Vly
    Apple Valley, CA 92308
    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.
    Sign Up Successful!
    You now have access to more from Realmo!