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Property profile & analytics
OFF-MARKET Estimated value $4,185,000
Industrial properties

17349 Muskrat Ave 20 Adelanto, CA 92301-2283

0.69 ac lot Built 2021
Entity Owned Absentee Owner
Property ID
US10-0880337
Property summary
AI-generated overview

This exceptional fee-simple industrial property, located at 17349 Muskrat Ave, Adelanto, CA 92301 (APN 0459-851-22), offers 59,000 square feet of space in a Class B building constructed in 2021. The two-story distribution/flex/warehouse condo boasts a 14-foot ceiling height and sits on a 0.69-acre lot. This single-tenant property is zoned for industrial use and features a NNN lease type. The building offers significant advantages, including 2,500 AMP power (3-phase/480V), natural gas access, city water, and pre-installed floor drainage with a clarification tank. The structure is engineered to support 53 AC units. Its strategic location in the rapidly growing Adelanto industrial hub provides easy access to major transportation arteries, including US-395, CA-18, I-15, and I-40 freeways, and proximity to the Southern California Logistics Airport. This prime location offers significant cost savings compared to similar properties in coastal and Inland Empire Valley areas. Adelanto's thriving industrial market, fueled by its strategic location and forward-thinking approach to various industries, including cannabis cultivation, ensures strong potential for future growth and investment returns. The asking price is $12,500,000, translating to $211.86 per square foot. This represents a unique opportunity to acquire a well-appointed, modern industrial space in a high-growth area.

Property profile
Verified
Property type Industrial properties
Use group CONDOMINIUMS (INDUSTRIAL)
Year built 2021
Lot 0.69 ac (29,925 SF)
APN 0459-851-22-0000
UPID US10-0880337
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.53M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.19M
Owner & transaction history
Adell LLC
Adell LLC
since 2025
Last sale
$3.9M
4 recorded transactions
2025
$3.9M
2023
Price N/A
2021
$5.0M
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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