12090 Air ExpyAdelanto, CA 92301

Property Details for 12090 Air Expy

Year built

1980

Construction

WOOD FRAME

Lot size

1.01 AC

Property size (Sq ft)

1,248 SF

Property type

Retail properties

Property subtype

Drive through restaurants

APN

0459-352-25-0000

APU

459352250000

Description

This exceptional 1,248 square foot retail property, situated on a 1.01-acre lot at 12090 Air Expressway in Adelanto, CA, presents a unique investment opportunity. Located in a thriving commercial zone, this property benefits from its proximity to major corporations such as Amazon, Dr. Pepper, DHL, UPS, and Rubbermaid, reflecting the area's robust industrial growth. The strategic location ensures high visibility and accessibility, maximizing exposure to potential customers and clients. Furthermore, this property is designated as a Cannabis Overlay Zone, offering significant potential for businesses within the burgeoning cannabis industry. While the property is currently configured for cannabis-related uses, obtaining the necessary permits to comply with local regulations is the responsibility of the future owner. This presents a compelling opportunity for investors and entrepreneurs seeking to capitalize on the expanding cannabis market. The property's prime location within a rapidly developing area promises substantial future appreciation, making this a rare chance to acquire a commercial property poised for significant growth and return on investment. The property's ease of access and visibility contribute to its strong potential for success in a dynamic and expanding commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $458,177

  6.5%

  $422,933

  7%

  $392,723

• Comparable approach

  Method

  Valuation

  Relative Method

  $516,616

  Geo Method

  $598,046

• Alternative Use

  Use

  Valuation

  Residential

  $356,759

  Hospitality

  $326,790

  Educational

  $271,885

  Medical

  $281,236

  Retail

  $422,933

Location Insight

City

Adelanto

County

San Bernardino

State

California

Latitude

34.5717

Longitude

-117.401

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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