12036 Bartlett Ave Adelanto, CA 92301
- Commercial real estate
- 3,698 SF
Current Use by Public Records
- Commercial real estate
Property Details for 12036 Bartlett Ave
- Property size
- 3,698 SF
- Property type
- Commercial real estate
Description
This exceptional mixed-use property in Adelanto, CA, presents a compelling investment opportunity. Located on over an acre in Adelanto's Business Park District, this 3,698 square foot building boasts seven commercial units (2,413 sq ft) and two residential units (1,285 sq ft), generating over $53,000 in net operating income. The property benefits from its strategic location, just a block from Highway 395 and a short distance from Interstate-15, providing excellent access to Southern California. Its proximity to the SoCal Logistics Airport and Amazon's new fulfillment center further enhances its value. The property is also part of Adelanto's Bartlett Avenue Rehabilitation Project, a multi-million dollar infrastructure improvement initiative poised to drive significant future commercial and industrial growth in the area. Recent upgrades include updated electrical and plumbing in the commercial building, and recently remodeled residential units. The property's income potential is further amplified by the 2023 California ADU law, offering additional opportunities for expansion. This property is priced at $650,000 and offers lucrative cap rates for investors or expansion space for businesses. The asking price reflects the strong current income and significant future growth potential. This is a must-see property for discerning investors and business owners.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Adelanto
- County
- san Bernardino
- State
- California
- Longitude
- -117.4021776
- Latitude
- 34.5795319
