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16621 E St

1,260 SF Vacant Industrial Building Victorville, CA 92395 $599,000 ($475/SF) 9.25% Cap Rate

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Investment Highlights

$200,000 price reduction from original pricing, Now $599,000.00

Executive Summary

$200,000 price reduction from original pricing, Now $599,000.00
Unique chance to acquire property in the Light Industrial Zone of Old Town Victorville. Conveniently situated near Interstate 15 for easy access. This renovated property spans 1,260 sq ft on an approx. 30,000 sq ft fully enclosed lot. Upgrades include 220 AMP three-phase power, seven 1-ton mini AC units, modern plumbing, and refurbished office spaces and restrooms. It boasts an employee lounge, a bathroom with a shower, and a 250 sq ft workshop. An outdoor 100 Amp power box is installed.

Property Facts

Price	$599,000	Lot Size	0.69 AC
Price Per SF	$475	Rentable Building Area	1,260 SF
Sale Type	Investment or Owner User	No. Stories	1
Cap Rate	9.25%	Year Built	1959
Property Type	Industrial	Parking Ratio	10/1,000 SF
Property Subtype	Warehouse Flex Light Manufacturing General Retail TruckStop Industrial Service	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	C

Price	$599,000
Price Per SF	$475
Sale Type	Investment or Owner User
Cap Rate	9.25%
Property Type	Industrial
Property Subtype	Warehouse Flex Light Manufacturing General Retail TruckStop Industrial Service
Building Class	C
Lot Size	0.69 AC
Rentable Building Area	1,260 SF
No. Stories	1
Year Built	1959
Parking Ratio	10/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

24 Hour Access
Fenced Lot

Floor Drains

Security System

Yard

Lighting
Gas
Water
Sewer
Heating

1 of 1

aerial
map

16621 E St, Victorville, CA - aerial map view - Image1

16621 E St, Victorville, CA - aerial map view - Image2

16621 E St, Victorville, CA - aerial map view - Image3

16621 E St, Victorville, CA - aerial map view - Image4

PROPERTY TAXES

Parcel Numbers	Multiple 0478-151-04 0478-151-05 0478-151-06	Improvements Assessment	$56,892
Land Assessment	$79,648	Total Assessment	$136,540

PROPERTY TAXES

Parcel Numbers

Multiple

0478-151-04
0478-151-05
0478-151-06

Land Assessment

$79,648

Improvements Assessment

$56,892

Total Assessment

$136,540

zoning

Zoning Code	Light Industrial (This is great for Trucking business Truck yard Dispatch office Diesel mechanic landscape and Light Industrial rent office or partial yard and storage)
Light Industrial (This is great for Trucking business Truck yard Dispatch office Diesel mechanic landscape and Light Industrial rent office or partial yard and storage)