12550 Amargosa RdVictorville, CA 92392

  • Retail properties
  • 67,225 SF
For Lease
$18/SF/YR View listing

Property Details for 12550 Amargosa Rd

Year built
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
2.77 AC
Property size (Sq ft)
67,225 SF
Property type
Retail properties
Property subtype
Outlet malls
APN
3093-091-22-0000
APU
3093091220000

Description

Village Center offers exceptional retail opportunities in the heart of the High Desert, serving a trade area exceeding 400,000 people. Two spaces are currently available, providing flexibility for various retail concepts. A prominent ±18,200 square foot Jr. Anchor space is ready for immediate occupancy, ideal for a large-format retailer seeking high visibility and significant square footage. Additionally, a ±2,785 square foot former medical office space presents a unique opportunity for adaptive reuse, potentially suitable for a smaller retail business or service provider. This prime location boasts exceptional visibility from the 15 freeway, easily accessible via the Nisqualli and Bear Valley off-ramps. The property benefits from its strategic proximity to the Mall of Victor Valley, a major regional shopping destination anchored by prominent retailers such as Macy's, J.C. Penney, Barnes & Noble, Cinemark Theatres, and Dick's Sporting Goods, ensuring high foot traffic and brand synergy. Strong co-tenancy includes established national and regional brands like Sprouts, Hobby Lobby, PetSmart, and Party City, further enhancing the desirability and appeal of this location. This is a rare chance to secure a highly visible and well-positioned retail space in a thriving High Desert market. Minimum divisible space is 2,785 square feet, with a maximum contiguous space of 18,200 square feet. Located in San Bernardino County.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $23,050,614
    6.5%
    $21,277,490
    7%
    $19,757,670
  • Comparable approach

    Method
    Valuation
    Relative Method
    $26,464,178
    Geo Method
    $32,214,436
  • Alternative Use

    Use
    Valuation
    Residential
    $17,948,358
    Hospitality
    $16,440,600
    Educational
    $13,678,386
    Medical
    $14,148,807
    Retail
    $21,277,490
12550 Amargosa Rd, Victorville, California
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Location Insight

City
Victorville
County
San Bernardino
State
California
Latitude
34.4786
Longitude
-117.342
CBSA code
40140
CBSA name
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$118,575
$1,261,498
$8,828,815
$10,090,313
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