12138 Industrial BlvdVictorville, CA 92395

Property Details for 12138 Industrial Blvd

Year built

1988

Construction

WOOD FRAME

Lot size

1.23 AC

Property size (Sq ft)

21,032 SF

Property type

Office properties

Property subtype

Other office properties

APN

3091-271-05-0000

APU

3091271050000

Description

This exceptional 3,108 square foot office space, located on the second floor of a two-story building in San Bernardino County, offers a prime opportunity for businesses seeking a well-maintained and updated workspace. The property is part of a multi-tenant building that has recently undergone exterior and common area interior refurbishment, ensuring a modern and professional environment. The office itself features multiple private offices, providing flexibility for various team configurations and individual needs. A shared restroom is conveniently located on the second floor. The building is equipped with an elevator for easy access to the second-floor suite and is zoned for Commercial Manufacturing. High visibility from the street ensures excellent exposure for your business. Ample parking is available for employees and clients, adding to the convenience and appeal of this location. The property's well-maintained exterior and updated common areas contribute to a positive and productive work environment. This space is ideal for a company seeking a move-in ready office with a professional image and convenient amenities. The single suite encompasses the entire second floor, offering privacy and control. The Commercial Manufacturing zoning provides versatility for a range of businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $4,905,858

  6.5%

  $4,528,484

  7%

  $4,205,020

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,285,546

  Geo Method

  $4,014,006

• Alternative Use

  Use

  Valuation

  Residential

  $5,615,320

  Hospitality

  $5,143,603

  Educational

  $4,279,417

  Medical

  $4,426,593

  Retail

  $6,656,871

Location Insight

City

Victorville

County

San Bernardino

State

California

Latitude

34.4717

Longitude

-117.283

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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