Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,300,000
Individual retail properties
18825 Bear Vly Rd Apple Valley, CA 92308-2726
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US10-1624158
Property summary
AI-generated overview
This 2,868-square-foot retail space, located at 18825 Bear Valley Road in Apple Valley, California (zip code 92308), is situated within an existing and operating 24 Hour Fitness gym. Ideal for a variety of health and wellness businesses, including but not limited to: martial arts, Brazilian Jiu Jitsu, kickboxing, boxing, self-defense, physical therapy, sports rehabilitation therapy, chiropractic services, therapeutic massage, grappling, drip therapy, weight loss advisory services, health diagnostic screening and testing, and the sale of related products and apparel. The space is a single-tenant occupancy within the San Bernardino County Inland Empire submarket. Prospective tenants should note that food and beverage preparation on-site, pole dancing classes, and uses requiring significant construction or utility upgrades are not permitted. Rent includes common area maintenance, property taxes, and utilities (excluding phone, cable, and internet). This exceptional opportunity is perfect for businesses seeking a turnkey location within a thriving fitness environment. The property is in the Apple Valley submarket cluster.
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
42,082 SF
Lot
8.1 ac (352,836 SF)
APN
0399-271-05-0000
UPID
US10-1624158
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 - Super Sport Shopping Center & Mall
-
24 Hour Fitness Gym & Fitness Center
-
South Mojave Riverwalk Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.30M
Owner & transaction history
Jess Ranch Brea Retail Xvi LLC · 6 yrs held
Jess Ranch Brea Retail Xvi LLC
since 2019
3 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 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
$1,300,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.30M
Range $1.17M – $1.43M · ±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
$31 / 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
$121,079
Tax year 2023
Assessed value
$11,000,000
Assessed 2024
Previous assessed
$10,550,000
+4.3% YoY
Effective rate
1.10%
On assessed value
Assessed land
$4,200,000
Assessed improvement
$6,800,000
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Total area
42,082 SF
Lot
8.1 ac (352,836 SF)
APN
0399-271-05-0000
UPID
US10-1624158
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
Building & site characteristics
From public records
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Lot
8.1 ac
Current owner
From public records · entity-resolved
Jess Ranch Brea Retail Xvi LLC
Entity
Mailing address
520 NEWPORT CTR DR STE #780, NEWPORT BEACH, CA 92660-7086
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2019
$89,000,000
Jess Ranch Brea Retail Xvi LLC
Wri Jess Ranch Venture
Grant Deed
$60,500,000 · Bank Of America NA
May 13, 2011
—
Alliance Riley Venture Wri
Wri Alliance Riley Venture III
Quit Claim Deed
related
$59,254,313 · Weingarten Realty Investments
Mar 23, 2011
—
Alliance Riley Venture Wri
Wri Alliance Riley Venture III
Quit Claim Deed
related
$59,254,313 · Weingarten Realty Investments
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 18825 Bear Vly Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
