Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    9501 Commerce Way Adelanto, CA 92301-3948

    • Warehouses
    • 20,164 SF
    • 1.74 lot acres
    OFF-MARKET
    Last Sale
    Mar 05, 2021
    $3,500,000
    Value Estimations
    $3,540,000
    Show details
    Cap Rate Potential
    3.7%
    Warehouses
    Location Intelligence
    Property ID
    US10-1365250
    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

    • Warehouses

    Property Details for 9501 Commerce Way

    Year built
    2007
    Construction
    STEEL FRAME
    Lot size
    1.74 lot acres
    Property size
    20,164 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    3129-261-76-0000
    APU
    3129261760000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $4,785,000
      ML approach
      $4,810,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,935,000
      6.5%
      $2,710,000
      7%
      $2,515,000

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $5,140,000
      Current use
      MEDICAL BUILDING
      $5,835,000
      Change: +14% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $5,430,000
      Change: +6% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $4,755,000
      Change: -7% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $4,650,000
      Change: -10% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Adelanto
    County
    San Bernardino
    State
    California
    Longitude
    -117.456
    Latitude
    34.5461
    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
    2024
    $42,954
    $1,326,510
    $2,387,718
    $3,714,228
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,870,000
      20,164 SF

      16225 Beaver Rd

      MINI-WAREHOUSE, STORAGE • 20,164 SF
      16225 Beaver Rd, Adelanto, CA 92301-3908
      View Details
    • Value Estimation
      $2,750,000
      14,450 SF

      9424 Cassia Rd

      MINI-WAREHOUSE, STORAGE • 14,450 SF
      9424 Cassia Rd, Adelanto, CA 92301-3938
      View Details
    • Value Estimation
      $7,780,000
      81,298 SF

      9425 Commerce Way

      MINI-WAREHOUSE, STORAGE • 81,298 SF
      9425 Commerce Way, Adelanto, CA 92301-3951
      View Details
    • Value Estimation by Request
      3,000 SF

      12610 Primrose Rd

      MINI-WAREHOUSE, STORAGE • 3,000 SF
      12610 Primrose Rd, Adelanto, CA 92301-3447
      View Details
    • Value Estimation
      $605,000
      1.17 Acres

      17136 Muskrat Ave

      MINI-WAREHOUSE, STORAGE • 1.17 Acres
      17136 Muskrat Ave, Adelanto, CA 92301
      View Details
    • Value Estimation
      $3,005,000
      22,172 SF

      16354 Beaver Rd

      MINI-WAREHOUSE, STORAGE • 22,172 SF
      16354 Beaver Rd, Adelanto, CA 92301
      View Details

    Similar Nearby for Sale

    • $6,350,000
      46,991 SF

      Adelanto Industrial Property For Sale

      Industrial property featuring multiple buildings on 4.69 acres.
      17260 Muskrat Ave, Adelanto, CA 92301
      View Details
    • $99,900
      108,900.00 Acres

      Adelanto Land Ready to Develop

      Land in approved zone for cannabis cultivation, steps from airport.
      11955 Coronado Ave, Adelanto, CA 92301
      View Details
    • $3,750,000

      San Bernadino Warehouse Units Available

      Warehouse units for sale in prime San Bernadino location.
      9841 Bartlett Ave, Adelanto, CA 92301
      View Details
    • $2,600,000
      35,880 SF

      Adelanto Commercial Building For Sale

      Under construction commercial building suitable for cannabis grow operation.
      9541 Commerce Way, Adelanto, CA 92301
      View Details
    • Contact for pricing
      9,450 SF

      Adelanto Warehouse For Sale

      9,450 square foot warehouse available for purchase in Adelanto.
      16224 Koala Rd, Adelanto, CA 92301
      View Details
    • Contact for pricing
      20,670 SF

      Expansive Industrial Property in Adelanto

      20,670 SF industrial property on 5.413 AC paved lot.
      16585 Beaver Rd, Adelanto, CA 92301
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr
      20,670 SF

      Adelanto Industrial Property

      20,670 SF Warehouse, 5.5 Acres
      16585 Beaver Rd, Adelanto, CA 92301
      View Details
    • Contact for pricing

      Adelanto Warehouse Space For Lease

      671824 SF warehouse/distribution space for lease in Adelanto, CA.
      Sec Rancho Rd & Emerald Rd, Adelanto, CA 92301
      View Details
    • $1.20 SF/Yr
      4,000 SF

      Adelanto Flex Space Available

      Flex space available for rent in Adelanto, California.
      11641 Rancho Rd, Adelanto, CA 92301
      View Details
    • $1.25 SF/Yr
      12,000 SF

      Freestanding Warehouse with Fenced Yard

      Freestanding warehouse with electrified fenced yard and easy highway access.
      12080 Rancho Rd, Adelanto, CA 92301
      View Details
    • Contact for pricing

      Adelanto Industrial Property For Lease

      Industrial property with warehouse and office space available for lease.
      16585 Beaver Rd, Adelanto, CA 92301
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9501 Commerce Way
    Adelanto, CA 92301-3948
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!