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    OFF-MARKET
    Commercial real estate

    14643 7Th St, Victorville, CA 92395

    7,265 SF 1.33 ac lot Built 1953
    Entity Owned 6-yr Hold
    Property ID
    US10-0660289
    Property summary
    AI-generated overview

    This exceptional 7,265 square foot mixed-use property in Victorville, CA, presents a compelling investment opportunity. Situated on a sizable 1.33-acre lot (57,935 square feet), this 100% occupied property boasts a prime location near major retailers like Costco, various dealerships, and easy freeway access (15, 18, and 395). The property, built in 1953, currently operates as a motel with 7,265 square feet of rentable space, featuring 12 single beds, 3 king beds, and 7 double beds, along with a manager's apartment, storage rooms, and a laundry room. All rooms include modern amenities such as RFID locks, PTAC units, new furniture, microwaves, refrigerators, telephones, and alarm clocks. The MU-2 zoning allows for a variety of development options, making this a rare and attractive opportunity for developers seeking to capitalize on the high traffic counts and excellent visibility in this thriving area. The property's substantial lot size and existing infrastructure provide a solid foundation for future expansion or redevelopment projects. The current motel operation generates steady income, offering immediate cash flow with significant upside potential. The property's convenient location near shopping centers, restaurants, and gyms further enhances its appeal. The approximate lot dimensions are 200 feet by 289 feet. Additional features include a basketball court. APN: 0477-201-34-0000.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1953
    Total area 7,265 SF
    Lot 1.33 ac (57,935 SF)
    APN 0477-201-34-0000
    UPID US10-0660289
    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
    • New Corral Motel Hotel & Motel
    • Primo water refill Big Box & Wholesale Store
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Jay Jalarambapa LLC · 6 yrs held
    Jay Jalarambapa LLC
    since 2020
    3 recorded transactions
    2023
    2020
    2019
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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