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21650 Bear Valley Road
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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%.
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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 |
|---|---|---|---|
| Feb 20, 2026 | Price Increased |
$1,100,000
↑ $700K
(175%) | |
| Price Increased | |||
| Jun 18, 2025 | Price Decreased |
$400,000
↓ $100K
(20%) | |
| Price Decreased | |||
| Apr 7, 2025 | Listed by Kursch Group, Inc. | $500,000 | |
| Listed by Kursch Group, Inc. | |||
| Aug 3, 2021 | Listed by Rigel Capital | $900,000 | |
| Listed by Rigel Capital | |||
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Presenting an opportunity to develop within one of the busiest shopping centers in east Apple Valley, CA. A total of 3.69 acres of commercial land in the Apple Valley Square Shopping Center. Tenants in this fully occupied center include box anchors Stater Brothers, Big Lots, free standing Jack-in-the-Box, Arby's, Dutch Brothers Coffee (New as of Nov 2020), in-line Subway, Nick's Pizza and more. The center is positioned on the corner of Bear Valley and Navajo Roads, major arterials in the town with easy access to Victorville and I-15. Across the street is Apple Valley High School and the neighborhood is dense at a population of 40,259 within a 3-mile radius with a 7.42% percent growth over last year and a median household income of $62,208. Recent traffic counts according are in excess of 40,000 vehicles per day. INVESTMENT HIGHLIGHTS Busy Street Development Site Potential of up to 57,400 sqft development, fully entitled lot with all utilities and paved parking area Apple Valley Square offers 3 access points off a signalized corner Ready to develop infill lot in an exceptional location with great anchor tenants and stable, yet growing consumer base. Buyer to verify all facts and requirements with shopping center's CC&Rs and Town of Apple Valley zoning and use requirements. Take advantage by capitalizing on the current consumer traffic and growth in the area by filling the local need for maximum return.
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| Oct 1, 2018 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017