Property profile

13875 Park Ave Victorville, CA 92392

OFF-MARKET
Flex space
Property ID
US10-0717264
30,626 SF 2.16 ac lot Built 1973
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 13875 Park Ave, Victorville, CA 92392, offers 30,626 square feet of traditional office space in a two-building complex. The property sits on 2.16 acres of land and is zoned for commercial use (APN: 0396-101-13). Built in 1973, this two-story Class C building features two suites, with a minimum divisible space of 11,250 square feet. One available space measures approximately 10,859 to 11,250 square feet, including an upstairs office of approximately 1,479 square feet. The property boasts high visibility due to pylon signage along Interstate 15, providing excellent exposure to the approximately 102,000 vehicles that travel this major thoroughfare daily (Source: ©2023 Kalibrate Technologies (Q2 2023)). Its convenient location offers easy access to Interstate 15 and is near established retail centers, restaurants, Kaiser Permanente, and the San Bernardino County Courthouse. Currently occupied by the Daily Press, this centrally located building presents a significant opportunity for investors and businesses seeking a prominent presence in Victorville. There are no elevators. Cross street is Palmdale Road.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1973
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 30,626 SF
Lot 2.16 ac (94,089 SF)
APN 0396-101-13-0000
UPID US10-0717264

Cap rate & NOI

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

Location

13875 Park Ave Victorville, CA 92392
Victorville metro Census 9914 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.05M
CAP Approach CAP
$3.11M
Comparable Approach Comparable
$4.22M
Blend (final) Blend
$3.69M

Owner & transaction history

since 2022
Last sale
$3.5M
7 recorded transactions
2022
$3.5M
2020
Price N/A
2020
Price N/A
2020
$2.0M
2014
$2.5M
2013
Price N/A
1969
Price N/A

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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