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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    21820 Us Hwy 18 Apple Valley, CA 92307-3916

    • Bars
    • 1,983 SF
    • 0.52 lot acres
    OFF-MARKET
    Value Estimations
    $375,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-1485972
    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.

    Current Use by Public Records

    • Bars

    Property Details for 21820 Us Hwy 18

    Year built
    1952
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.52 lot acres
    Property size
    1,983 SF
    Property type
    Bars
    Property subtype
    Pubs
    APN
    3112-563-17-0000
    APU
    3112563170000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $325,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $430,000
      Market price range: $431k - $1.51M
      AI Estimate
      $224,000
      Market price range: $224k - $534k

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

    Location Insight

    • Map
    • Local Demand
    City
    Apple Valley
    County
    San Bernardino
    State
    California
    Longitude
    -117.188
    Latitude
    34.5012
    CBSA code
    40140
    CBSA name
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,560
    $206,879
    $121,502
    $328,381
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $380,000
      2,000 SF

      22581 Us Hwy 18

      BAR, TAVERN • 2,000 SF
      22581 Us Hwy 18, Apple Valley, CA 92307-4315
      View Details
    • Value Estimation
      $2,940,000
      2,247 SF

      13730 Navajo Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,247 SF
      13730 Navajo Rd, Apple Valley, CA 92307-3901
      View Details
    • Value Estimation
      $395,000
      3,879 SF

      20221 Us Hwy 18

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,879 SF
      20221 Us Hwy 18, Apple Valley, CA 92307-2934
      View Details
    • Value Estimation
      $490,000
      1,402 SF

      22171 Us Hwy 18

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,402 SF
      22171 Us Hwy 18, Apple Valley, CA 92307-3933
      View Details
    • Value Estimation
      $410,000
      2,142 SF

      21749 Us Hwy 18

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,142 SF
      21749 Us Hwy 18, Apple Valley, CA 92307-3996
      View Details
    • Value Estimation by Request
      5,400 SF

      18930 Ca-18

      Lifestyle centers • 5,400 SF
      18930 Ca-18, Apple Valley, CA 92307
      View Details

    Similar Nearby for Sale

    • $3,250,000
      38,215 SF

      Unique Apple Valley Commercial Opportunity

      Versatile commercial property with owner financing in Apple Valley.
      22092 Us Highway 18, Apple Valley, CA 92307
      View Details
    • $463,000

      Restaurant and Bar Opportunity

      Restaurant and bar with full liquor license for sale.
      15200 Rancherias St, Apple Valley, CA 92307
      View Details
    • $650,000
      5,130 SF

      Apple Valley Retail Building For Sale

      Commercial retail building in Apple Valley's Historic Village area.
      21878 Us Highway 18, Apple Valley, CA 92307
      View Details
    • $950,000

      Automotive Repair Building For Sale

      2,596 SF fully-leased automotive building with three bays.
      18285 Us Highway 18, Apple Valley, CA 92307
      View Details
    • $749,000
      5,130 SF

      Prime Apple Valley Retail Center

      High-Visibility Retail Property, Fully Leased
      21878 Us Highway 18, Apple Valley, CA 92307
      View Details
    • $1,375,000

      Fully Occupied Office/Retail Center

      Seven-unit office/retail center with strong tenant mix and visibility.
      18245 Us Highway 18, Apple Valley, CA 92307
      View Details

    Similar Nearby for Lease

    • $1.35 SF/Yr
      7,833 SF

      Retail Spaces Available For Lease

      Two retail units available, formerly Domino's and MetroPCS.
      20200 Units D & F, Apple Valley, CA 92307
      View Details
    • $3,650 /Mo
      7,833 SF

      Former Domino's Restaurant Space Available

      Turnkey restaurant space with existing kitchen equipment for lease.
      20200 Us Highway 18, Apple Valley, CA 92307
      View Details
    • Contact for pricing

      Former Pizza Restaurant Space Available

      Turn-key restaurant space with existing infrastructure for takeout and delivery.
      20200 D, Apple Valley, CA 92307
      View Details
    • Contact for pricing
      4,020 SF

      Retail Space with Drive-Thru Potential

      Retail space available with drive-thru and strong visibility.
      20236 California Hwy, Apple Valley, CA 92307
      View Details
    • $1,650 /Mo

      Retail Space For Rent

      Retail space available for lease.
      20600 194, Apple Valley, CA 92307
      View Details
    • $2,210 /Mo

      Retail Space For Lease

      Retail space available for lease in a multitenant strip.
      18843 Us Highway 18, Apple Valley, CA 92307
      View Details
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    21820 Us Hwy 18
    Apple Valley, CA 92307-3916
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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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