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19823 Johnson Road
About This Property
Convenient access to I-15 places the property within reach of major regional developments, including the proposed Brightline West high-speed rail project, Love's Travel Center, the former Big Lots Distribution Center, Walmart Distribution Center, and the LeCangs 1.2-million-square-foot warehouse and distribution center, reportedly nearing completion. Apple Valley Airport and Apple Valley Speedway are also nearby.
With continued industrial expansion and infrastructure investment driving interest in the High Desert, this sizable parcel presents an opportunity for investors and developers to evaluate its long-term potential. Buyer to independently verify zoning, permitted uses, rezoning feasibility, buildability, existing concrete improvements, access, permits, and utility availability with San Bernardino County Planning and applicable utility providers. All information is deemed reliable but not guaranteed.
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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 |
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| Oct 14, 2026 | Listed by MGR Real Estate, Inc | $250,000 | |
| Listed by MGR Real Estate, Inc | |||
| Jun 20, 2025 | Listed | $275,000 | |
| Listed | |||
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Perfect canvas for your dream home, or homes. Low density area, zoned specifically for estate-type residential homes on large lots, minimum 1-acre. Prime location close to shopping centers, dining, and schools, offering convenience while maintaining a serene atmosphere. Development potential, whether you envision a modern ranch-style home, a sprawling estate, or a charming desert retreat, this lot provides the flexibility to bring your vision to life. The area development is anchored by name brands and amenities for your convenience. Buyer to verify types of allowable usage.
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| Oct 8, 2024 | Relisted | $295,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Sep 20, 2024 | Listed | $295,000 | |
| Listed | |||
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Prime ±9.53-acre vacant land parcel in the Town of Apple Valley. This well-positioned property is surrounded by significant development, including the anticipated ±2.5M SF Bell Mountain Commerce Center and Love’s Travel Stop to the west, the upcoming Brightline West Victor Valley station and vehicle maintenance facility approximately three miles to the north, and an additional ±14 million SF of multiple big-box warehouse developments in various stages of the entitlement process to the south and east. The site is easily accessible, fronting paved Johnson Rd., less than two miles from the I-15 and Stoddard Wells Rd. interchange. Essential amenities, such as Walmart, Albertsons, the Apple Valley Civic Center, and the Apple Valley Commons shopping center, are conveniently located within a 15-minute drive at Dale Evans Pkwy. and CA-18. Zoned R-E Estate Residential, allowing for one dwelling unit per 1 to 2.5 gross acres. Buyer to verify all information contained herein.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017