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Property profile & analytics
OFF-MARKET
Retail space
22217 Us Hwy 18 Apple Valley, CA 92307-3920
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US10-1497201
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1987
Construction
WOOD FRAME
Total area
2,880 SF
Lot
0.73 ac (31,760 SF)
APN
3087-381-19-0000
UPID
US10-1497201
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Av Village Holdings LLC · 5 yrs held
Av Village Holdings LLC
since 2021
Last sale
$350,000
7 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,200
Tax year 2023
Assessed value
$371,423
Assessed 2024
Previous assessed
$364,140
+2.0% YoY
Effective rate
1.67%
On assessed value
Assessed land
$106,121
Assessed improvement
$265,302
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1987
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
1
Total area
2,880 SF
Lot
0.73 ac (31,760 SF)
APN
3087-381-19-0000
UPID
US10-1497201
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
1987
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
Av Village Holdings LLC
Entity
Mailing address
14467 PARK AVE, VICTORVILLE, CA 92392-2311
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2021
$350,000
Av Village Holdings LLC
Manisha Patel
Grant Deed
—
Oct 13, 2017
—
Manisha Patel
Patel,gaurang
Quit Claim Deed
related
—
Oct 13, 2017
$175,000
Manisha Patel
Otter Lake Farm LLC
Grant Deed
$300,000 · Eurocan Ents INC
May 1, 2017
—
Otter Lake Farm LLC
—
Deed
related
$3,375,000 · First Credit Bk
Apr 28, 2017
$200,000
Otter Lake Farm LLC
Green Meadow Elite LLC
Grant Deed
—
Apr 13, 2017
$200,000
Green Meadow Elite LLC
Spirit Spe Portfolio Ca C-stor
Grant Deed
—
May 5, 2014
$1,437,000
Spirit Spe Portfolio Ca C-stor
22217 Highway 18 LLC
Grant Deed
—
Dec 15, 2011
—
22217 Highway 18 LLC
Apple Valley Car Wash INC
Grant Deed
—
Jan 20, 2006
$680,000
Vedi Ents INC
Martirosian,misak & Ruzanna
Grant Deed
$600,000 · American Continental Bank
Mar 23, 2005
$800,000
Misak Martirosian
Bajaj,sunil & Urmila
Grant Deed
$500,000 · Southwest Community Bank
Oct 23, 2003
$500
Sunil Bajaj
Sabag,nissim
Grant Deed
related
—
Feb 6, 2003
$30,000
Nissim Sabag
Westco Financial Corp
Grant Deed
related
$30,000 · Mary Azoviv
—
—
Otter Lake Farm LLC
—
Deed Of Trust
related
$3,375,000 · First Credit Bk
—
—
Misak Martirosian
—
Deed Of Trust
related
$80,000 · Sunil & Urmila Bajaj
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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