Property profile

12185 Locust Ave Victorville, CA 92395

OFF-MARKET
Warehouses
Property ID
US10-0672455
38,740 SF 3.68 ac lot Built 2016
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2016
Construction STEEL FRAME
Total area 38,740 SF
Lot 3.68 ac (160,300 SF)
APN 3093-281-07-0000
UPID US10-0672455

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Moving Company
  • Furniture & Home Goods

Location

12185 Locust Ave Victorville, CA 92395-9641
Victorville metro Census 10036 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.54M
CAP Approach CAP
$5.15M
Comparable Approach Comparable
$5.77M
Blend (final) Blend
$6.44M

Owner & transaction history

since 2023
Last sale
$5.3M
4 recorded transactions
2023
$5.3M
2020
Price N/A
2006
Price N/A
2003
$130,000

Zoning & alternative use

Top alternative use upside
Retail stores $8.6M +96.2%
Apartment house (5+ units) $8.3M +88.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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