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    Property profile & analytics
    OFF-MARKET Estimated value $3,690,000
    Office Spaces

    12138 Industrial Blvd, Victorville, CA 92395-4757

    21,032 SF 1.23 ac lot Built 1988
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US10-0980271
    Property summary
    AI-generated overview

    This exceptional 3,108 square foot office space, located on the second floor of a two-story building in San Bernardino County, offers a prime opportunity for businesses seeking a well-maintained and updated workspace. The property is part of a multi-tenant building that has recently undergone exterior and common area interior refurbishment, ensuring a modern and professional environment. The office itself features multiple private offices, providing flexibility for various team configurations and individual needs. A shared restroom is conveniently located on the second floor. The building is equipped with an elevator for easy access to the second-floor suite and is zoned for Commercial Manufacturing. High visibility from the street ensures excellent exposure for your business. Ample parking is available for employees and clients, adding to the convenience and appeal of this location. The property's well-maintained exterior and updated common areas contribute to a positive and productive work environment. This space is ideal for a company seeking a move-in ready office with a professional image and convenient amenities. The single suite encompasses the entire second floor, offering privacy and control. The Commercial Manufacturing zoning provides versatility for a range of businesses.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Year built 1988
    Construction WOOD FRAME
    Total area 21,032 SF
    Lot 1.23 ac (53,578 SF)
    APN 3091-271-05-0000
    UPID US10-0980271
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Farmers Insurance - Julie Peters Insurance Agency
    • Andres Gavino De La Llana Physician
    • Victor Randolph Real Estate Agency
    • Walter Clark Legal Group Law Firm
    • Victorville CBOC Hospital
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $4.01M
    CAP Approach CAP
    $3.09M
    Comparable Approach Comparable
    $4.43M
    Blend (final) Blend
    $3.69M
    Owner & transaction history
    Fountainhead Capital LLC · 5 yrs held
    Fountainhead Capital LLC
    since 2021
    Last sale
    $3.3M
    7 recorded transactions
    2021
    2021
    2021
    2020
    $3.3M
    2020
    2014
    2008
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $6.1M +71.5%
    Neighborhood: shopping center $5.7M +59.6%
    Retail stores $4.7M +31.7%
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