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15625 Seventh St, Victorville, CA 92395
$1,100,000
15625 Seventh St, Victorville, CA 92395View this property at 15625 Seventh St, Victorville, CA 92395
15625 Seventh StVictorvilleCA92395
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Property Description
Amazing retail investment listed at a 8.12% Current Cap Rate while still having 2 open units that will be a huge value add! Situated directly in front of the Route 66 sign on Seventh St, this beautiful building is right in the heart of Victorville! Totaling 9,116 sqft of retail space this 2 story retail building has units ranging from 300 sqft to 2,000 Sqft offering suites to a wide range of retail/service based businesses. Building is on almost 1/4 acre and has plenty of parking out front, a rare feature for buildings on this part of Seventh st. Property is currently 82% occupied and generates approx $8,800 gross per month!!!
Full Property Details
Full Property Details for 15625 7th St
General
- Price: $1,100,000
- Status: Active
- Type: Retail
- MLS ID: HD24034783
- Updated: 3/22/2024
- Days on Market: 105 days
- Added to Site: 108 day(s) ago
Rooms
Other Rooms
- Laundry: None
Location
- County: San Bernardino
- Driving Directions: Exit D street from I-15 freeway. Head east about 1 mile and turn right on Seventh st. Prop on your left.
Heating & Cooling
- Cooling Type: Central Air, Evaporative Cooling
- Heating Type: Central
Utilities
- Utility Description: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
Structural Information
- # Buildings: 1
- Roof: Flat
- Entry Floor Number: 1
- Stories/Levels: 2
- Building Size: 9116
- Square Feet: 9,116
Unit Information
- Occupancy Rate: Available
Lot Features
- Lot Size (Acres): 0.24
- Useable Acres: .24
- Lot Size (Sq. Ft.): 10,454
- Lot Size Source: Public Records
- Lot Features: Level with Street, Lot 10000-19999 Sqft, Rectangular Lot, Level, Paved, Walkstreet
- Lot Description: Level with Street, Lot 10000-19999 Sqft, Rectangular Lot, Level, Paved, Walking Street
Financial Considerations
- Price Per Sq. Ft.: $120
- Operating Expenses: $16,200
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Property ID: 478216050000
Listed by Klick Realty, MatthewHijazin and MohammadAlam
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Schools
Schools serving 15625 7th St
School Districts:Victor Elementary School District, Victor Valley Union High School District
Rating | Name | Grades | Distance |
---|---|---|---|
Academy Of Performing Arts and Foreign Language
14907 S Mojave Dr, Victorville, CA 92395 | K-6 | 0.9 mi | |
15332 Del Rey Dr, Victorville, CA 92395 | K-6 | 1 mi | |
17246 Gibralter Dr, Victorville, CA 92395 | K-6 | 2.1 mi | |
12484 Tamarisk Rd, Victorville, CA 92395 | 7-12 | 4.2 mi | |
16500 Mojave Dr, Victorville, CA 92395 | 9-12 | 0.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 15625 7th St
Date
Details
Price
Change
Source
2/16/2024
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 15625 7th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,738
2%
$468,518
2%
2022
$5,645
-18%
$459,332
2%
2021
$6,921
27%
$450,325
1%
2020
$5,452
2%
$445,707
2%
2019
$5,363
-6%
$436,968
2%
2018
$5,712
7%
$428,400
7%
2017
$5,337
10%
$400,000
10%
2016
$4,843
4%
$362,437
-5%
2015
$4,672
-6%
$380,100
—
2014
$4,967
-1%
$380,100
—
2013
$5,001
—
$380,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 15625 7th St
15625 Seventh St, Victorville, CA 92395 (MLS# HD24034783) is a Retail property. 15625 Seventh St is currently listed for $1,100,000 and was received on February 16, 2024. Want to learn more about 15625 Seventh St? Do you have questions about finding other Retail real estate for sale in Victorville? You can browse all Victorville real estate or contact a Coldwell Banker agent to request more information.