18930 US Highway 18 | Apple Valley, CA 92307
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18930 US Highway 18
Apple Valley, CA 92307
Office Property For Sale
Investment Highlights
- Heavy daytime traffic
- Signalized corner
Executive Summary
Price reduction! MOTIVATED SELLER! Excellent location at a signalized corner off of Hwy 18 in Apple Valley. Currently 75% occupied with 1575 sq ft. available for an owner/user or to lease out. Current tenants include a long-term tax service, medical transportation, counseling, and a hair salon. New floors in three units, upgraded roof, and the AC has been regularly serviced. Great opportunity for passive income or a more hands-on investment. Brochure will be posted soon, financials upon request.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
5,258 SF
Building Class
C
Year Built
1988
Price
$710,000
Price Per SF
$135
Cap Rate
5.51%
NOI
$39,100
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,200 SF
Slab To Slab
10’
Building FAR
0.27
Lot Size
0.45 AC
Opportunity Zone
Yes
Zoning
GC - General Commercial
Parking
12 Spaces (2.28 Spaces per 1,000 SF Leased)
Amenities
- Central Heating
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 0473-037-18 | Improvements Assessment | $416,160 |
| Land Assessment | $187,272 | Total Assessment | $603,432 |
PROPERTY TAXES
Parcel Number
0473-037-18
Land Assessment
$187,272
Improvements Assessment
$416,160
Total Assessment
$603,432
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