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15498 Village Dr
Victorville, CA 92394
Office Property For Sale
EXECUTIVE SUMMARY
Great one story Commercial office building , fully leased, almost never a vacancy, great upside on rent, subdivided presently into 4 units, but it could be rented as 5 units.
about 3 year old re roof, one new air conditioning unit, other older ones but all in working condition. Separate electric meters, gated fence back and front, Plenty of parking spaces outside and also within the gates.
All units have tiled ceramic imitation wood floors. Easy access to 15 freeway.
about 3 year old re roof, one new air conditioning unit, other older ones but all in working condition. Separate electric meters, gated fence back and front, Plenty of parking spaces outside and also within the gates.
All units have tiled ceramic imitation wood floors. Easy access to 15 freeway.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Building Size
3,150 SF
Building Class
C
Year Built
1980
Price
$395,000
Price Per SF
$125.40
Cap Rate
8.25%
NOI
$32,582
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,150 SF
Building FAR
0.27
Lot Size
0.27 AC
Opportunity Zone
Yes
Parking
15 Spaces (5 Spaces per 1,000 SF Leased)
AMENITIES
- Fenced Lot
PROPERTY TAXES
| Parcel Number | 0395-121-27 | Improvements Assessment | $108,366 |
| Land Assessment | $57,876 | Total Assessment | $166,242 |
PROPERTY TAXES
Parcel Number
0395-121-27
Land Assessment
$57,876
Improvements Assessment
$108,366
Total Assessment
$166,242
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