$2,965,000
FOR SALEActive15419 Cholame Road
Victorville CA 92392
8,312
SF
Office
Type
1982
Built
$357/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
For Sale Commercial Office Building with long term tenant in place. Current 6.83% Cap. Property boasts 6 offices (1 with private restroom), 3 larger rooms, 1 employee break room, 2 storage rooms and 4 restrooms with large open areas across a total of 8,312 SF on a 0.92 AC Lot. Built in 1982 with an effective year of 1995, the property is professionally managed with mature landscape and ample parking both front and rear. Property is occupied by County of San Bernardino affiliated entity. Located in the City of Victorville's IPD Zoning, the property is in good condition and in a great location right off the I-15 freeway off and on-ramps. This investment provides a great return within an opportunity zone that does not come available very often. Selling As-Is. Buyer to verify all. DO NOT DISTURB TENANT.
Property Information
Property Overview
Commercial - Office
Property Type
Active
Status
0.92 acres
Lot Size
8,312 SF
Square Footage
$356.71/SF
Price per SF
6.83%
Cap Rate
$202K
NOI
1,982
Year Built
1
Stories
61
Parking Total
7.34
Parking Ratio
Property Highlights
N/A Property
Prime Location with High Visibility
6.83% Cap Rate
Location Analysis
Building Details
Zoning & Use
Parking & Access
Utilities & Systems
Investment Metrics
6.83%
Cap Rate
$202,480
NOI
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Closed commercial sales reported, newest first.