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    15048 7Th St Victorville, CA 92395
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    Property profile & analytics

    15048 7Th St Victorville, CA 92395

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    • Commercial real estate
    • 6,503 SF
    Off-Market
    Property ID
    US10-1732882
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Rebelz Barbershop / Barber Shop
    • Rick's pharmacy shop / Pharmacy
    • Barnsloft Photography and Fine Art / Wedding Service / Photography Service
    • Lights Camera Ashley Photography Studio / (Bike/Boat/Book/etc) Store / Photography Service
    • Sweet Little Blessings Photography / Photography Service / (Bike/Boat/Book/etc) Store

    Property Details for 15048 7Th St

    Property size
    6,503 SF
    Property type
    Commercial real estate

    Description

    This exceptional commercial property, located at 15048 Seventh Street in Victorville, presents a fantastic opportunity for a discerning business owner. The single-tenant space encompasses 750 square feet of readily available retail space, previously occupied as a barber shop. The building itself is a Class C, single-story structure totaling 6,503 square feet, situated on a generous 23,435 square foot lot. The property's zoning is designated as Commercial, ensuring flexibility for a variety of business uses. The property features a convenient single-tenant occupancy, eliminating the complexities of multi-tenant management. The remaining 5,753 square feet of the building may be available separately, subject to availability and lease terms. The property's APN is 0477-041-18. This prime location on Seventh Street offers excellent visibility and accessibility, making it an ideal spot to establish or expand a business. The existing barber shop equipment is available for separate purchase, presenting a potential cost savings for a suitable tenant. This is a rare opportunity to secure a well-positioned commercial space in a thriving Victorville location. Serious inquiries are encouraged to explore this promising investment. The property is zoned for commercial use.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Victorville
    County
    San Bernardino
    State
    California
    Longitude
    -117.30381045571
    Latitude
    34.525101876558

    Comparable in this City

    • Contact for pricing

      Commercial Land For Lease

      Commercial land available for lease in Victorville, CA.
      2Nd Ave, Victorville, CA 92395
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      Retail/Office Space in Victorville

      Open floor plan in high-traffic area, ideal for retail/office.
      14213 7Th St, Victorville, CA 92395
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    • $1,600 /Mo
      1,370 SF

      Victorville Commercial Space For Lease

      Commercial space in Victorville with frontage on a main road.
      15040 7Th St, Victorville, CA 92395
      View Details
    • Contact for pricing

      Retail and Office Space Available

      Retail and office spaces with high visibility and easy access.
      14213 7Th St, Victorville, CA 92395
      View Details
    • $1,600 /Mo

      Victorville Commercial Unit For Rent

      Commercial unit with frontage on main road and on-site parking.
      15040 7Th St, Victorville, CA 92395
      View Details

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      Commercial Land For Lease

      Commercial land available for lease in Victorville, CA.
      2Nd Ave, Victorville, CA 92395
      View Details
    • Contact for pricing

      Retail/Office Space in Victorville

      Open floor plan in high-traffic area, ideal for retail/office.
      14213 7Th St, Victorville, CA 92395
      View Details
    • $1,600 /Mo
      1,370 SF

      Victorville Commercial Space For Lease

      Commercial space in Victorville with frontage on a main road.
      15040 7Th St, Victorville, CA 92395
      View Details
    • Contact for pricing

      Retail and Office Space Available

      Retail and office spaces with high visibility and easy access.
      14213 7Th St, Victorville, CA 92395
      View Details
    • $1,600 /Mo

      Victorville Commercial Unit For Rent

      Commercial unit with frontage on main road and on-site parking.
      15040 7Th St, Victorville, CA 92395
      View Details
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    15048 7Th St
    Victorville, CA 92395
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    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
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