22481 Bear Valley Rd Apple Valley, CA 92308
Prime Apple Valley retail opportunity! This 11.14-acre parcel features a partially completed 10,000 square foot building (approximately 60% complete) and five additional pad sites. Located at 22481 Bear Valley Road, this property benefits from a high-traffic location at the corner of Bear Valley Road and Central Road, a major thoroughfare connecting to mountain communities and the lower desert. The site is near the Apple Valley Performing Arts Center and significant new development, including a convenience store, gas station, car wash, and a 3,000 square foot restaurant. Additional commercial construction is underway nearby. The property is currently being subdivided, and this 10,000 square foot building is offered for sale individually. Offers are contingent upon successful parcel subdivision completion and recording, along with a signed shared common area maintenance agreement. This presents a unique chance to acquire a substantial retail presence in a rapidly growing area. The asking price is $1,400,000.
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
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Property description
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No recorded transactions found for this property.
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Risks
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