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    15329 Palmdale Rd Victorville, CA 92392-2460
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    Property profile & analytics

    15329 Palmdale Rd, Victorville, CA 92392-2460

    View on Map
    • Strip malls
    • 23,460 SF
    • 0.95 lot acres
    Off-Market
    Property ID
    US10-0980302
    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
    $2,205,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Palmdale Smoke Shop / (Bike/Boat/Book/etc) Store
    • VIP SALON / Hair Salon
    • EyebrowsRUs / Hair Salon / Nail Salon
    • Eagle Nails & Spa NA / Nail Salon
    • Elite Nutrition / Pharmacy / (Bike/Boat/Book/etc) Store

    Property Details for 15329 Palmdale Rd

    Year built
    1983
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.95 lot acres
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    0396-381-10-0000
    APU
    396381100000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 14, 2022 — Ashok Talwar — Deed · related $1.5M · Wells Fargo Bank NA
    Jun 6, 2018 — Ashok Talwar — Deed · related $1.6M · Community Bank
    Oct 29, 2008 — Talwar Trust Palmdalepark LLC Quit Claim Deed · related —
    Jan 12, 1999 — Palmdalepark Talwar,ashok Etal Quit Claim Deed · related —
    Dec 27, 1994 $1,500,000 Talwar Trust Allstate Life Insurance Co Grant Deed $1.1M · Allstate Life Insurance Co
    Jan 8, 1990 — Sharp Henry C JR Dover Asset Grou Trustees Deed · related —
    — — Palmdalepark LLC — Deed Of Trust · related $1.6M · Bank Of America

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,542,000
      Market price range: $2.54M - $11.2M

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

    Location Insight

    • Map
    • Local Demand
    City
    Victorville
    County
    San Bernardino
    State
    California
    Longitude
    -117.328
    Latitude
    34.5056
    CBSA code
    40140
    CBSA name
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $20,745
    $317,849
    $1,435,091
    $1,752,940
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,610,000
      12,300 SF

      12602 Amargosa Rd

      SHOPPING CENTER, STRIP CENTER
      12602 Amargosa Rd, Victorville, CA 92392-7640
      View Details
    • Value Estimation
      $2,770,000
      13,542 SF

      13790 Bear Vly Rd

      SHOPPING CENTER, STRIP CENTER
      13790 Bear Vly Rd, Victorville, CA 92392-8699
      View Details
    • Value Estimation by Request
      0.76 Acres

      12304 Palmdale Rd

      SHOPPING CENTER, STRIP CENTER
      12304 Palmdale Rd, Victorville, CA 92392-8500
      View Details
    • Value Estimation
      $3,535,000
      30,632 SF

      14176 Amargosa Rd

      SHOPPING CENTER, STRIP CENTER
      14176 Amargosa Rd, Victorville, CA 92392-6402
      View Details
    • Value Estimation by Request
      11,826 SF

      12748 Amargosa Rd

      Lifestyle centers
      12748 Amargosa Rd, Victorville, CA 92392
      View Details
    • Value Estimation by Request
      16,314 SF

      17180 Bear Valley Rd

      Lifestyle centers
      17180 Bear Valley Rd, Victorville, CA 92392
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Victorville Retail Space For Sale

      9,209 SF retail space with freeway visibility in Victorville, CA.
      12628 Amargosa Rd, Victorville, CA 92392
      View Details
    • Contact for pricing

      Retail Space in Adelanto Center

      Retail in-line space for lease in Adelanto, California.
      11424 Way Unit 4, Adelanto, CA 92392
      View Details
    • $140,000
      1,600 SF

      Established Salon Business Opportunity

      Turnkey hair salon in a prime Victorville retail center.
      12044 Dunia Rd, Victorville, CA 92392
      View Details
    • $860,000
      4,800 SF

      Victorville Commercial Property For Sale

      Commercial property in Victorville with long-term tenants and upside potential.
      13905 Amargosa Rd, Victorville, CA 92392
      View Details
    • Contact for pricing
      19,300 SF

      Victorville Retail Investment Opportunity

      Retail property for sale in Victorville, California.
      13720 Bear Valley Rd, Victorville, CA 92392
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,195 SF

      Prime Commercial Location on Bear Valley

      High-exposure retail and office spaces available for lease.
      13605 Bear Valley Rd, Victorville, CA 92392
      View Details
    • Contact for pricing

      Former CVS Retail Space Available

      22,836± SF retail space with ample parking.
      13650 Bear Valley Rd, Victorville, CA 92392
      View Details

    Property Visit Statistics

    • Visits by month
      5.7k
    • Visitors by month
      5.1k
    • Avg Time on site
      25 min
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    Victorville, CA 92392-2460
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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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    15329 Palmdale Rd, Victorville, CA, 92392
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