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Property profile & analytics
OFF-MARKET
Estimated value
$1,315,000
Medical Office Space
17768 Wika Rd, Apple Valley, CA 92307-1200
Entity Owned
11-yr Hold
Free & Clear
Property ID
US10-1484418
Property summary
AI-generated overview
This exceptional 888-square-foot office space in Apple Valley, CA, presents a unique opportunity for discerning professionals. Located at 17768 Wika, within San Bernardino County, this single-tenant property offers a sophisticated and functional workspace, perfect for medical specialists or other professionals seeking a refined environment. The property is move-in ready, boasting a high-end build-out and an intelligently optimized layout designed to maximize productivity and collaboration. The sleek finishes and turnkey nature of the space eliminate the need for extensive renovations, allowing you to focus on your business from day one. The property is classified as both office and land, offering potential for future expansion or development. This single-suite building provides privacy and control, making it an ideal location for businesses seeking a professional and efficient workspace. Situated in the 92307 zip code of Apple Valley, California, this property offers easy access to local amenities and transportation. Don't miss this chance to establish your business in a premium, ready-to-occupy office space. Contact us today to schedule a viewing.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2016
Construction
WOOD
Total area
5,965 SF
Lot
1.27 ac (55,321 SF)
APN
0473-441-05-0000
UPID
US10-1484418
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
-
Apple Valley Dental Dental Office
-
Root 66 Endodontics Dental Office
-
Moody Law Law Firm
-
Optimum Audiology Physician
-
Sreekanth Ganapavarapu Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.33M
Blend (final)
Blend
$1.32M
Owner & transaction history
C & J Land LLC · 11 yrs held
C & J Land LLC
since 2014
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.8M
+5.2%
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 Apple Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Apple Valley 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,725,000
Current use
AUTO REPAIR, GARAGE
$1,815,000
Change: +5% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,605,000
Change: -7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,585,000
Change: -8% · Conversion: Easy
WAREHOUSE, STORAGE
$1,520,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$1.32M
Range $1.18M – $1.45M · ±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
$220 / 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
$29,345
Tax year 2023
Assessed value
$3,557,766
Assessed 2024
Previous assessed
$3,488,006
+2.0% YoY
Effective rate
0.82%
On assessed value
Assessed land
$306,354
Assessed improvement
$3,251,412
Applied tax rate
21.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2016
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
1
Total area
5,965 SF
Lot
1.27 ac (55,321 SF)
APN
0473-441-05-0000
UPID
US10-1484418
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
MEDICAL BUILDING Current
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.6M
WAREHOUSE, STORAGE
Est. value
$1.5M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
2016
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
1
Lot
1.27 ac
Current owner
From public records · entity-resolved
C & J Land LLC
Entity
Free & Clear · 11 yrs held
Mailing address
17768 WIKA RD #100, APPLE VALLEY, CA 92307-1200
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 7, 2022
—
C & J Land LLC
—
Deed
related
$1,691,000 · Bank Of America NA
Jul 16, 2014
$260,000
C & J Land LLC
Lee,woo K & Jaime
Grant Deed
—
Jan 29, 2010
—
Jaime Lee
Lee,woo K
Quit Claim Deed
related
—
Jan 14, 2010
—
Woo K Lee
Lee,taik Y
Quit Claim Deed
related
—
Dec 30, 2009
—
Taik Y Lee
Ksg America INC
Grant Deed
—
Aug 16, 2007
$760,000
Ksg America INC
Kwon,y Joe & Sue Y
Grant Deed
—
Jul 6, 1990
$290,000
Y Joe Kwon
Champion Investo
Grant Deed
$230,000 · Seller
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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