15428 Civic DrVictorville, CA 92392

Property Details for 15428 Civic Dr

Year built

1986

Construction

WOOD FRAME

Lot size

1.13 AC

Property size (Sq ft)

19,311 SF

Property type

Office properties

Property subtype

Other office properties

APN

0396-144-07-0000

APU

396144070000

Description

This exceptional sublease opportunity presents a 585-square-foot executive office space in a three-story, 19,311-square-foot Class C building located at 15428 Civic Dr, Victorville, CA 92392. Built in 1986, the property features a convenient location with excellent visibility and easy access to Interstate 15. The space includes a built-out lobby, administrative office, and two additional offices, perfect for a variety of professional uses. The building offers convenient amenities such as elevators. This centrally located property is within walking distance of the Victorville Courthouse and City Hall, and is near numerous retail centers, restaurants, and Kaiser Permanente. The current lease extends until October 31, 2025. The property sits on 1.13 acres of land and is zoned under a Specific Plan (APN: 039614407). Minimum divisible space is 585 square feet. This is an ideal opportunity for a business seeking a well-appointed office space in a highly accessible and convenient location in San Bernardino County.

• CAP approach

  CAP return

  Valuation

  6%

  $4,504,422

  6.5%

  $4,157,928

  7%

  $3,860,934

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,016,698

  Geo Method

  $3,672,180

• Alternative Use

  Use

  Valuation

  Residential

  $5,155,831

  Hospitality

  $4,722,714

  Educational

  $3,929,242

  Medical

  $4,064,375

  Retail

  $6,112,155

Location Insight

City

Victorville

County

San Bernardino

State

California

Latitude

34.5103

Longitude

-117.327

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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