Sign Up Successful!
You now have access to more from Realmo!
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

    12090 Bartlett Ave Adelanto, CA 92301-1713

    • Auto shops
    • 2,328 SF
    • 0.55 lot acres
    OFF-MARKET
    Last Sale
    Apr 01, 2021
    $440,000
    Value Estimations
    $465,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-1552248
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Auto shops

    Property Details for 12090 Bartlett Ave

    Year built
    1947
    Construction
    WOOD FRAME
    Lot size
    0.55 lot acres
    Property size
    2,328 SF
    Property type
    Auto shops
    APN
    0459-164-17-0000
    APU
    459164170000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $515,000
      ML approach
      $500,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $318,000
      Market price range: $319k - $1.18M

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $710,000
      Current use
      MEDICAL BUILDING
      $675,000
      Change: -5% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $625,000
      Change: -12% Conversion: Difficult
      WAREHOUSE, STORAGE
      $595,000
      Change: -16% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Adelanto
    County
    San Bernardino
    State
    California
    Longitude
    -117.401
    Latitude
    34.5797
    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
    $2,194
    $74,285
    $116,733
    $191,018
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $285,000
      1,080 SF

      11660 Bartlett Ave

      AUTO REPAIR, GARAGE • 1,080 SF
      11660 Bartlett Ave, Adelanto, CA 92301-1919
      View Details
    • Value Estimation
      $295,000
      0.21 Acres

      11682 Bartlett Ave

      SERVICE STATION (FULL SERVICE) • 0.21 Acres
      11682 Bartlett Ave, Adelanto, CA 92301
      View Details
    • Value Estimation
      $240,000
      552 SF

      17856 Jonathan St

      VEHICLE SALES, RENTALS • 552 SF
      17856 Jonathan St, Adelanto, CA 92301-1732
      View Details
    • Value Estimation
      $345,000
      2.39 Acres

      Yucca Rd

      PARKING LOT • 2.39 Acres
      Yucca Rd, Adelanto, CA 92301
      View Details
    • Value Estimation by Request

      12100 Palmdale Rd

      Restaurants
      12100 Palmdale Rd, Adelanto, CA 92301
      View Details
    • Value Estimation
      $320,000
      400 SF

      4659 El Mirage Rd

      RESTAURANT • 400 SF
      4659 El Mirage Rd, El Mirage, CA 92301-9484
      View Details

    Similar Nearby for Sale

    • $595,000

      Adelanto Mixed-Use Investment Opportunity

      Mixed-use property in Adelanto's Business Park District with income potential.
      12036 Bartlett Ave, Adelanto, CA 92301
      View Details
    • $600,000
      3,991 SF

      Adelanto Retail Center: High ROI

      5-Unit Strip Center, High Occupancy, Great Potential
      12012 Air Expy, Adelanto, CA 92301
      View Details
    • $1,200,000
      1,248 SF

      Adelanto Retail Property: High-Growth Area

      1,248 sqft Retail Space, Cannabis Overlay Zone
      12090 Air Expy, Adelanto, CA 92301
      View Details
    • $699,900

      Prime Commercial Land Opportunity

      3.57 acres at a major intersection with high visibility.
      11559 Bartlett Ave, Adelanto, CA 92301
      View Details
    • $600,000
      3,991 SF

      Leased Strip Center Investment Opportunity

      Fully leased strip center with development potential near logistics airport.
      12012 Air Expy, Adelanto, CA 92301
      View Details
    • $250,000
      1,800 SF

      Established Donut Shop Opportunity

      Thriving donut shop in high-traffic area with diverse menu.
      11336, Adelanto, CA 92301
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr
      20,670 SF

      Adelanto Industrial Property

      20,670 SF Warehouse, 5.5 Acres
      16585 Beaver Rd, Adelanto, CA 92301
      View Details
    • Contact for pricing
      119,800 SF

      Adelanto Industrial Space For Lease

      Modern industrial space, multiple tenants welcome.
      9841 Bartlett Ave, Adelanto, CA 92301
      View Details
    • $0.05 SF/Yr
      6 SF

      Secured Land with Flexible Options

      Fenced land with security, adaptable leasing, and utility options.
      16254 Beaver Rd, Adelanto, CA 92301
      View Details
    • $1.20 SF/Yr
      4,000 SF

      Adelanto Flex Space Available

      Flex space available for rent in Adelanto, California.
      11641 Rancho Rd, Adelanto, CA 92301
      View Details
    • Contact for pricing
      671,824 SF

      Adelanto Warehouse Space For Lease

      671824 SF warehouse/distribution space for lease in Adelanto, CA.
      Sec Rancho Rd & Emerald Rd, Adelanto, CA 92301
      View Details
    • Contact for pricing

      Industrial Unit Near Highway 395

      Industrial unit with easy access to Highway 395.
      11641 Rancho 2, Adelanto, CA 92301
      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.
    12090 Bartlett Ave
    Adelanto, CA 92301-1713
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.