16653 Adelanto Road
About This Property
This property also lies in the City of Adelanto's Cannabis Overlay and Cannabis Retail Dispensary Overlay related Zones. This engineered building project has been originally designed to be constructed in four phases, and when completed will be comprised of a total of ±212,700 SF across five buildings situated on ±4.19 Acres featuring 63 parking spaces and 2 EV charging stations, creating an ideal setting for commercial cannabis cultivation, manufacturing, and other ancillary uses. Run with the Seller's preliminary designs or create and develop your own plans to build to suite your current business and investment needs. Other potential commercial uses include but are not limited to; automotive, service stations, warehouse/distribution, manufacturing, truck parking, and more.
Don't miss out on this unique opportunity to own Industrial Property in Adelanto, CA!
Disclaimer: Although we believe to have sourced true and accurate information regarding this opportunity, Brokers do not guarantee, warranty or otherwise represent the suitability of the property to meet Buyer needs and expectations. Buyer to investigate all aspects of the property to Buyer's satisfaction prior to completing a purchase.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 8, 2026 | Listed by Lee & Associates | $330,000 | |
| Listed by Lee & Associates | |||
| Sep 18, 2025 | Price Decreased |
$490,000
↓ $105K
(17.7%) | |
| Price Decreased | |||
| Dec 4, 2024 | Price Decreased |
$595,000
↓ $200K
(25.2%) | |
| Price Decreased | |||
| Oct 31, 2024 | Listed | $795,000 | |
| Listed | |||
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Rare, shovel-ready, industrial development project is good to go with little lead time! Zoned Light Manufacturing (LM) this project has added flexibility as it is well positioned with frontage on the SEC of Adelanto Road (a paved road) and Primrose Road, with high visibility and near immediate logistical access to Highway 395, (a primary north/south arterial that connects with Interstate 15 to the South and CA State Route 58 to the north). This project has been granted a categorical (CEQA) Exemption, meaning you can move forward swiftly with your development plans, providing a substantial savings in both time and expense. Owner is willing to assist Buyer with completing entitlements and construction of the project.
This property also lies in the City of Adelanto’s Cannabis Overlay and Cannabis Retail Dispensary Overlay related Zones. This engineered building project has been originally designed to be constructed in four phases, and when completed will be comprised of a total of ±212,700 SF across five buildings situated on ±4.19 Acres featuring 63 parking spaces and 2 EV charging stations, creating an ideal setting for commercial cannabis cultivation, manufacturing, and other ancillary uses. Run with the Seller’s preliminary designs or create and develop your own plans to build to suite your current business and investment needs. Other potential commercial uses include but are not limited to; automotive, service stations, warehouse/distribution, manufacturing, truck parking, and more.
Don’t miss out on this unique opportunity to own Industrial Property in Adelanto, CA!
Disclaimer: Although we believe to have sourced true and accurate information regarding this opportunity, Brokers do not guarantee, warranty or otherwise represent the suitability of the property to meet Buyer needs and expectations. Buyer to investigate all aspects of the property to Buyer’s satisfaction prior to completing a purchase.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017