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Property profile & analytics
FOR LEASE
Strip malls
15617 Roy Rogers Dr Victorville, CA 92394
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US10-0980281
For Lease
1 / 2
$575,000
15617 Roy Rogers Dr, Victorville, CA 92394
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2006
Construction
WOOD FRAME
Total area
3,993 SF
Lot
4.17 ac (181,807 SF)
APN
3106-261-05-0000
UPID
US10-0980281
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
-
Farmer Boys Restaurant
-
Jamba Specialty Food Shop (Bike/Boat/Book/etc) Store
-
Starbucks Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$435k
CAP Approach
CAP
$745k
Comparable Approach
Comparable
$545k
Blend (final)
Blend
$575k
Owner & transaction history
Aacr Farms LLC · 3 yrs held
Aacr Farms LLC
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Victorville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Victorville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$435,000
CAP Approach
CAP Return
Estimation
6%
$810,000
6.5%
$745,000
7%
$690,000
Alternative Use
Use
Estimation
RETAIL STORES
$885,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$575k
Range $518k – $633k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$144 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$43,627
Tax year 2023
Assessed value
$3,527,904
Assessed 2024
Previous assessed
$3,458,730
+2.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$2,182,042
Assessed improvement
$1,345,862
Applied tax rate
12.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
2006
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
3
Total area
3,993 SF
Lot
4.17 ac (181,807 SF)
APN
3106-261-05-0000
UPID
US10-0980281
Jurisdiction
SAN BERNARDINO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$885,000
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
3
Lot
4.17 ac
Current owner
From public records · entity-resolved
Aacr Farms LLC
Entity
Mailing address
5190 CAMPUS DR, NEWPORT BEACH, CA 92660-2103
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2023
—
Aacr Farms LLC
Bhanvadia Holdings LLC
Deed
—
Sep 16, 2022
—
Bhanvadia Holdings LLC
—
Deed
related
$1,700,000 · Habib American Bank
Sep 4, 2019
—
Civic Rogers LLC
—
Deed
related
$6,000,000 · East West Bank
Sep 22, 2017
—
Civic Rogers LLC
—
Deed
related
—
Oct 28, 2010
—
Civic Rogers LLC
Civic Rogers LLC
Quit Claim Deed
related
—
Sep 8, 2010
—
Bhanvadia Holdings LLC
Civic Rogers LLC
Grant Deed
$1,060,000 · Sce FCU
Jan 11, 2010
—
Civic Rogers LLC
—
Deed Of Trust
related
$12,063,839 · East West Bank
—
—
Bhanvadia Holdings LLC
—
Deed Of Trust
related
$1,039,734 · J P Morgan Chase Bank
—
—
Civic Rogers LLC
—
Deed Of Trust
related
—
—
—
Civic Rogers LLC
—
Loan Modification
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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