14433 7Th StVictorville, CA 92395

Property Details for 14433 7Th St

Year built

1979

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.37 AC

Property size (Sq ft)

6,000 SF

Property type

Retail properties

Property subtype

Retail space

APN

0396-201-32-0000

APU

396201320000

Description

This exceptional 6,000 square foot commercial property, located at 14433 7th Street in Victorville, California (zip code 92395), presents a lucrative investment opportunity. Situated directly on historic Route 66, this property boasts high traffic counts, ensuring excellent visibility and accessibility for any business. Currently, the property features two occupied units generating a consistent cash flow, with one additional unit available for lease. The strong, long-term tenants provide a stable income stream. Zoned C2, the property is ideal for a variety of retail or office uses. Its prime location is further enhanced by its adjacency to Pep Boys and proximity to Greentree Boulevard, now conveniently connected to Apple Valley via a new bridge. The exterior of the building is currently undergoing a fresh coat of paint, enhancing its curb appeal. This is a rare chance to acquire a well-established, income-producing property in a high-growth area of San Bernardino County. The asking price is $1,200,000. Don't miss this opportunity to capitalize on the vibrant commercial landscape of Victorville.

• CAP approach

  CAP return

  Valuation

  6%

  $2,057,325

  6.5%

  $1,899,069

  7%

  $1,763,422

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,361,994

  Geo Method

  $2,875,219

• Alternative Use

  Use

  Valuation

  Residential

  $1,601,936

  Hospitality

  $1,467,365

  Educational

  $1,220,830

  Medical

  $1,262,816

  Retail

  $1,899,069

Location Insight

City

Victorville

County

San Bernardino

State

California

Latitude

34.5131

Longitude

-117.316

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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