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15498 Village Dr 3,150 SF 71% Leased Office Building Victorville, CA 92394 $375,000 ($119.05/SF) 8.69% Cap Rate
Investment Highlights
- Single-story office building with five individual units, each featuring private restrooms and separate utility meters.
- Renovated in 2010 with updated finishes, including imitation wood ceramic tile flooring.
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.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Office
Building Size
3,150 SF
Building Class
C
Year Built/Renovated
1980/2010
Price
$375,000
Price Per SF
$119.05
Cap Rate
8.69%
NOI
$32,582
Percent Leased
71%
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
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Medial Autism Doctors
- -
- -
- -
-
Lorem Ipsum
-
Jan 0000
- Michelle
- -
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Rick
- -
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Rose
- -
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- xxx
- -
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Medial Autism Doctors | - | - | - | Lorem Ipsum | Jan 0000 | |
| Michelle | - | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Rick | - | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Rose | - | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| xxx | - | - | $9.99 | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Ceramic imitation wood floors. Inside 2 Bathrooms , Space is a whole open space 30 ft x 30 ft. it may be able to separate it into 2 units but in that case the rent will be $650 per unit.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 4-5 | 900 SF | Office | Spec Suite | Now |
1st Fl-Ste 4-5
| Size |
| 900 SF |
| Space Use |
| Office |
| Build-Out |
| Spec Suite |
| Available |
| Now |
1st Fl-Ste 4-5
| Size | 900 SF |
| Space Use | Office |
| Build-Out | Spec Suite |
| Available | Now |
Ceramic imitation wood floors. Inside 2 Bathrooms , Space is a whole open space 30 ft x 30 ft. it may be able to separate it into 2 units but in that case the rent will be $650 per unit.
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 0395-121-27 | Total Assessment | $166,242 |
| Land Assessment | $57,876 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $108,366 | Tax Year | 2025 |
Property Taxes
Parcel Number
0395-121-27
Land Assessment
$57,876
Improvements Assessment
$108,366
Total Assessment
$166,242
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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15498 Village Dr
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