Property profile

15453 Cholame Rd Victorville, CA 92392

OFF-MARKET
Flex space
Property ID
US10-1387110
5,000 SF 0.47 ac lot Built 1978
Individually Owned 20-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This 5,000-square-foot warehouse, situated on a 0.472-acre lot in Victorville, California, presents a compelling leasing opportunity. Built in 1978, the single-tenant property boasts a prime location off Interstate 15, offering exceptional visibility and convenient access to major transportation arteries. Its strategic position within the rapidly growing logistics and manufacturing hub of Southern California provides businesses with unparalleled connectivity to key markets. The spacious interior offers flexible configurations suitable for various industrial uses, including warehousing, distribution, or storage. The property's address is 15453 Cholame Road, Victorville, CA 92392 (APN: 0396082090000), within San Bernardino County. Victorville's ongoing economic expansion, fueled by significant infrastructure projects and commercial investments, creates a highly attractive environment for businesses seeking to establish or expand their operations. This location benefits from lower operating costs compared to larger metropolitan areas, coupled with a business-friendly atmosphere. The property's proximity to the Inland Empire further enhances its appeal, providing access to a critical logistics center. This warehouse offers a unique blend of location, accessibility, and growth potential, making it an ideal choice for businesses seeking long-term success in a thriving Southern California market. The entire 5,000 square feet is currently vacant.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1978
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,000 SF
Lot 0.47 ac (20,552 SF)
APN 0396-082-09-0000
UPID US10-1387110

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
  • Electronics & Wireless Store

Location

15453 Cholame Rd Victorville, CA 92392-2411
Victorville metro Census 9914 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$505k
Comparable Approach Comparable
$903k
Blend (final) Blend
$365k

Owner & transaction history

since 2006
5 recorded transactions
2006
Price N/A
2006
$600,000
2004
Price N/A
2002
Price N/A
1996
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $1.1M +48.7%
Apartment house (5+ units) $1.1M +42.6%

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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