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Property profile & analytics
OFF-MARKET Estimated value $680,000
Flex space

15453 Cholame Rd Victorville, CA 92392-2411

5,000 SF 0.47 ac lot Built 1978
Individually Owned 20-yr Hold Absentee Owner Free & Clear
Property ID
US10-1387110
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Rose Industries Inc Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$505k
Comparable Approach Comparable
$903k
Blend (final) Blend
$680k
Owner & transaction history
Dianne E Lutz · 20 yrs held
Dianne E Lutz
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
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $1.1M +48.7%
Apartment house (5+ units) $1.1M +42.6%
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