Sold
Last Sold Price
20,800 sqft$240/sqft
10875 Rancho Rd, Adelanto, CA 92301
Mixed UseProperty Type
2.42 acresLot Size
2002Year Built
$240/sq ftPrice per sq ft

Description

The subject property is currently leased to the County of San Bernardino, Department of Public Social Services and is located at 10875 Rancho Road, Adelanto, San Bernardino County, California 92301. The County of San Bernardino has continuously occupied the property since April 30, 2002. A new lease has been signed and starts effective July 1, 2019 through June 30, 2024. The County has the option to a “Second Extended Term” for an additional five (5) year term. The subject property is a 2.42 acre...The subject property is currently leased to the County of San Bernardino, Department of Public Social Services and is located at 10875 Rancho Road, Adelanto, San Bernardino County, California 92301. The County of San Bernardino has continuously occupied the property since April 30, 2002. A new lease has been signed and starts effective July 1, 2019 through June 30, 2024. The County has the option to a “Second Extended Term” for an additional five (5) year term. The subject property is a 2.42 acre parcel which is improved with a 20,800 square foot office building and is Assessor’s Parcel number (APN) 0459-107-12. The parcel has ample room for expansion of the existing building and falls into the Economic Opportunity Zone in the City of Adelanto, California. The property is offered based upon a projected 8.5% CAP rate and annual rent increase of 3.5%.
  • Listed by: Jeffrey Poland DRE #01363904 Brokerage DRE #01517134 • Coldwell Banker Roadrunner
Listing closed: 10/09/2019 12:00 AM • Source: CRMLS, MLS#: JT19138241

Recent comparable sales

Median sold price

$650,000

Avg days on market

38

Sale-to-list ratio

97.6%

Adelanto, CA

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Location

Listing Courtesy of Coldwell Banker Roadrunner, Jeffrey Poland, DRE #01363904

Sold By Top Properties & Investment, Han Kim, DRE #01436042

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$30,809 per month

30 year fixed, 6.55% Interest

Principal and Interest

$25,414

Property Taxes

$5,395

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Property Information for 10875 Rancho Road

Property Details
  • MLS Type: Commercial Sale / Mixed Use
  • Lot Size Source: Assessor
  • Building Area Total: 20800
  • Building Area Units: Square Feet
  • Stories Total: 1
  • Parcel Number: 0459107120000
  • Area: Not Defined (699)
  • Directions: Corner of Verbena and Rancho Rd
Building Information
  • Stories: 1
  • Year Built: 2002
  • Lot Size: 2.42 AC / 105,415 SF
Community / Development
Community / Development
  • Investment Property: Yes
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Land/Lot Info
  • Lot Features: Paved
  • Water Source: Public
Property / Structure Info
  • Building Status: Existing
Unit Information
Unit Information
  • Number Of Buildings: 1

Property History for 10875 Rancho Road

DateEvent & SourcePriceAppreciation
Oct 9, 2019

Sold

CRMLS #JT19138241

$5,000,000
Sep 24, 2019

Sold (Public Record)

Public Record #1338924853

$5,000,000
Sep 24, 2019

Sold (Public Record)

Public Record #655223296

$5,000,000

+30.9% / yr

DateEvent & SourcePrice
10/09/2019

Sold

CRMLS #JT19138241

$5,000,000
09/24/2019

Sold (Public Record)

Public Record #1338924853

$5,000,000
09/24/2019

Sold (Public Record)

Public Record #655223296

$5,000,000

+30.9% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 10875 Rancho Road

Taxable ValueLand$557,760Additions$5,019,835Total$5,577,595
Tax Record2025$64,740 ($5,395 / month)
Home Facts
Total Finished SqFt20,800 SqFtAbove Grade Finished SqFt20,800 SqFtStories1Lot Size105,415 SqFtStyleOffice BuildingYear Built2002Year Renovated2002CountySAN BERNARDINOAPN0459-107-12-0000

Schools near 10875 Rancho Road

This home is within Victor Valley Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Adelanto Elementary School
PublicK to 5

Mesa Linda Middle School
Public6 to 8

Adelanto High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 10875 Rancho Road, Adelanto, CA 92301
$5,000,000
20,800
105,415
$50,000
38,160
7,500
66,460
66,443
66,424

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Roadrunner, Jeffrey Poland, DRE #01363904

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.