12012 12020 Air , Adelanto, CA 92301

Adelanto, CA 92301

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Description

Great retail strip center in the heart of Adelanto area! The property includes five fully leased units generating a steady rent roll of $3,300 per month. this investment offers below-market rents, providing room for future rent increases (higher CAP rate) and property value appreciation. Newly Paved w ADA approval. Roof sealed recently! Great Investment Opportunity!

Details

MLS#	CV24138873
Listing Type	For Sale
Style	Retail
Sub-Type	Resale
Status	Active
Year	1972
Days On Site	199
Listing Provided By	REALTY MASTERS & ASSOCIATES 909-993-5710 \| Rachel Kim

Features

SQ Feet	3,991
Story(s)	1
Acreage	0.43

Market Activity 92301

Date	Sales	Avg $ Per SqFt	Min Sale Price	Max Sale Price	Med Sale Price
Date: Dec 2024	Sales: 4	Avg $ Per SqFt: $183.13	Min Sale Price: $165,000	Max Sale Price: $428,000	Med Sale Price: $351,000
Date: Nov 2024	Sales: 14	Avg $ Per SqFt: $181.93	Min Sale Price: $1,495	Max Sale Price: $525,000	Med Sale Price: $297,500
Date: Oct 2024	Sales: 8	Avg $ Per SqFt: $265.38	Min Sale Price: $8,000	Max Sale Price: $420,000	Med Sale Price: $381,500
Date: Sep 2024	Sales: 4	Avg $ Per SqFt: $267.7	Min Sale Price: $11,000	Max Sale Price: $377,500	Med Sale Price: $217,500
Date: Aug 2024	Sales: 4	Avg $ Per SqFt: $219.93	Min Sale Price: $80,000	Max Sale Price: $452,252	Med Sale Price: $400,000
Date: Jul 2024	Sales: 3	Avg $ Per SqFt: $164.94	Min Sale Price: $2,950	Max Sale Price: $599,000	Med Sale Price: $370,000
Date: Jun 2024	Sales: 2	Avg $ Per SqFt: $130.56	Min Sale Price: $14,560	Max Sale Price: $188,000	Med Sale Price: $101,280
Date: May 2024	Sales: 2	Avg $ Per SqFt: $	Min Sale Price: $17,000	Max Sale Price: $30,000	Med Sale Price: $23,500
Date: Apr 2024	Sales: 2	Avg $ Per SqFt: $1.83	Min Sale Price: $1,190	Max Sale Price: $2,100,000	Med Sale Price: $1,050,595
Date: Mar 2024	Sales: 2	Avg $ Per SqFt: $278.4	Min Sale Price: $64,500	Max Sale Price: $375,000	Med Sale Price: $219,750
Date: Feb 2024	Sales: 1	Avg $ Per SqFt: $272.66	Min Sale Price: $355,000	Max Sale Price: $355,000	Med Sale Price: $355,000
Date: Jan 2024	Sales: 5	Avg $ Per SqFt: $150.44	Min Sale Price: $11,000	Max Sale Price: $580,000	Med Sale Price: $150,000

Sourced by Back At You

Dec 2024
Sales:	4
Avg $ Per SqFt:	$183.13
Min Sale Price:	$165,000
Max Sale Price:	$428,000
Med Sale Price:	$351,000
Nov 2024
Sales:	14
Avg $ Per SqFt:	$181.93
Min Sale Price:	$1,495
Max Sale Price:	$525,000
Med Sale Price:	$297,500
Oct 2024
Sales:	8
Avg $ Per SqFt:	$265.38
Min Sale Price:	$8,000
Max Sale Price:	$420,000
Med Sale Price:	$381,500
Sep 2024
Sales:	4
Avg $ Per SqFt:	$267.7
Min Sale Price:	$11,000
Max Sale Price:	$377,500
Med Sale Price:	$217,500
Aug 2024
Sales:	4
Avg $ Per SqFt:	$219.93
Min Sale Price:	$80,000
Max Sale Price:	$452,252
Med Sale Price:	$400,000
Jul 2024
Sales:	3
Avg $ Per SqFt:	$164.94
Min Sale Price:	$2,950
Max Sale Price:	$599,000
Med Sale Price:	$370,000
Jun 2024
Sales:	2
Avg $ Per SqFt:	$130.56
Min Sale Price:	$14,560
Max Sale Price:	$188,000
Med Sale Price:	$101,280
May 2024
Sales:	2
Avg $ Per SqFt:	$
Min Sale Price:	$17,000
Max Sale Price:	$30,000
Med Sale Price:	$23,500
Apr 2024
Sales:	2
Avg $ Per SqFt:	$1.83
Min Sale Price:	$1,190
Max Sale Price:	$2,100,000
Med Sale Price:	$1,050,595
Mar 2024
Sales:	2
Avg $ Per SqFt:	$278.4
Min Sale Price:	$64,500
Max Sale Price:	$375,000
Med Sale Price:	$219,750
Feb 2024
Sales:	1
Avg $ Per SqFt:	$272.66
Min Sale Price:	$355,000
Max Sale Price:	$355,000
Med Sale Price:	$355,000
Jan 2024
Sales:	5
Avg $ Per SqFt:	$150.44
Min Sale Price:	$11,000
Max Sale Price:	$580,000
Med Sale Price:	$150,000

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Coldwell Banker Home Source

01902736 (760) 684-8100

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State	CA
County	San Bernardino
City	Adelanto
Zip Code	92301
Area	ADL Adelanto
Listing VS Median (in 92301)
Price: $600,000 low \| high Med: $390,000 85% of Average SqFt: 3,991 low \| high Med: 1,126 100% of Average $ / SqFt: $150 low \| high Med: $346 80.386323268206% of Average On Site: 199 low \| high Med: 62.000000 100% of Average

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Listing Updated: January 7, 2025 at 5:20:20 PM PST

12012 12020 Air , Adelanto, CA 92301

Adelanto, CA 92301

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Description

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Features

Market Activity 92301

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Contact

Learn More About This Property

Coldwell Banker Home Source

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