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    19378 Central Rd Apple Valley, CA 92307
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    19378 Central Rd Apple Valley, CA 92307

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    • Distribution centers
    • 17,600 SF
    For Sale
    $3,800,000
    View Listing →
    Industrial For Sale
    $3,800,000
    17,600 SF

    Industrial

    Warehouses · 17,600 SF

    19378 Central Rd, Apple Valley, CA 92307
    View Listing
    Property ID
    US10-1423564
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Auto Club / Insurance Agency

    Property Details for 19378 Central Rd

    Year built
    1987
    Property size
    17,600 SF
    Property type
    Distribution centers
    Property subtype
    Warehouses

    Description

    Industrial/Warehouse Investment or Owner-User Opportunity 19378 Central Road | Apple Valley, CA Discover a rare industrial opportunity in Apple Valley featuring 17,600± SF of warehouse space across two free-standing buildings on 3.36 acres . Renovations and City-required upgrades — including power enhancements and a renewed Certificate of Occupancy — are scheduled for completion by 2026 , delivering a fully updated, turnkey asset ready for occupancy or lease. The property is zoned Planned Industrial (IP) within the North Apple Valley Industrial Specific Plan , ideally suited for distribution, logistics, shop, or warehouse operations . Building One offers approximately 8,000± SF of steel-frame construction, while Building Two provides three individual 3,200± SF units , offering flexible leasing or owner-user configurations. Functional design features include 22-foot clear heights , two grade-level doors , three dock-high doors , and a large concrete pad suitable for trailer parking or potential helipad use . Additional improvements include full perimeter fencing , a 24-hour security system , asphalt driveway , and high-visibility frontage along Central Road—ideal for signage and easy truck access. Strategically located within close proximity to Apple Valley Airport and Walmart Distribution Centers , this property benefits from excellent transportation connectivity and strong industrial demand drivers in the region. Potential Seller Financing Available with 50% Down. Seller will also consider lease options. Directions: From I-15 N, take the Stoddard Wells exit (approx. 7 miles), then take Johnson Rd to Central (approx. 5 miles) to property.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Apple Valley
    County
    San Bernardino
    State
    California
    Longitude
    -117.1724726
    Latitude
    34.6022199

    Comparable in this City

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      29,615 SF

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      1,348,140 SF

      Apple Valley Distribution Warehouse

      Large industrial building with ample parking and loading docks.
      18880 Navajo Rd, Apple Valley, CA 92307
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      29,615 SF

      Apple Valley Industrial Facility For Sale

      29,615 SF industrial facility on 3.27 acres in Apple Valley.
      21284 Corwin Rd, Apple Valley, CA 92307
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    • $4,369,060
      20.06 Acres

      ±20.06 Acres Dakota Rd

      Land • 20.06 Acres
      0 ±20.06 Acres Dakota Rd, Apple Valley, CA 92307
      View Details
    • $375,000

      Apple Valley Industrial Land

      5.11 Acres, Prime Location
      0 Needham Ave, Apple Valley, CA 92307
      View Details

    Similar Nearby for Sale

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      29,615 SF

      Industrial Facility in Apple Valley

      29,615 SF industrial facility in a high-growth market.
      21284 Corwin Rd, Apple Valley, CA 92307
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    • $4,000,000
      29,615 SF

      Apple Valley Industrial Facility For Sale

      29,615 SF industrial facility on 3.27 acres in Apple Valley.
      21284 Corwin Rd, Apple Valley, CA 92307
      View Details
    • Contact for pricing
      1,348,140 SF

      Apple Valley Distribution Warehouse

      Large industrial building with ample parking and loading docks.
      18880 Navajo Rd, Apple Valley, CA 92307
      View Details
    • $4,369,060
      20.06 Acres

      ±20.06 Acres Dakota Rd

      Land • 20.06 Acres
      0 ±20.06 Acres Dakota Rd, Apple Valley, CA 92307
      View Details
    • $375,000

      Apple Valley Industrial Land

      5.11 Acres, Prime Location
      0 Needham Ave, Apple Valley, CA 92307
      View Details

    Similar Nearby for Lease

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      Industrial Flex Space Available

      Multi-tenant building with office/showroom and warehouse space for rent.
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      Industrial Space in Master Planned Project

      Large industrial space available for lease in Apple Valley, CA.
      Navajo Rd, Apple Valley, CA 92307
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      1,500 SF

      Retail Space in Apple Valley

      Retail property available for lease in Apple Valley, California.
      13631 Navajo Rd, Apple Valley, CA 92307
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      Retail Space For Lease

      Retail space available for lease in Victorville, California.
      Seq Mojave & I-15, Victorville, CA 92307
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      Apple Valley Office Space Available

      Two-story office building near St. Mary’s Medical Center.
      15099 Kamana Rd, Apple Valley, CA 92307
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    View Listing
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    Apple Valley, CA 92307
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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