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Excellent opportunity to acquire a multi-tenant commercial investment property positioned along highly trafficked Highway 18 in Apple Valley. The property consists of approximately 9,920 square feet across three separate buildings, offering a diverse tenant mix and stable in-place income. Strategically located with strong street frontage, the asset benefits from consistent daily traffic counts, easy access, and excellent visibility, making it ideal for retail, office, or service-oriented tenants. The site configuration allows for functional layouts, ample parking, and flexibility for future tenant repositioning. This property presents a compelling investment profile for both cash flow and upside. Current rents provide immediate income, with potential to increase returns through lease renewals, rent adjustments, or improved management. The manageable size and price point make it well-suited for private investors and 1031 exchange buyers seeking a stabilized asset in the growing High Desert market. Apple Valley continues to experience long-term growth driven by regional affordability, population expansion, and proximity to major transportation corridors, further supporting tenant demand and long-term value appreciation. A rare opportunity to secure a multi-tenant retail asset in a strong corridor with both income stability and future upside potential.
Listing agent: Robert Basen DRE #00521368 Bob.Basen@CBCInland.Com, Listing office: Coldwell Banker Commercial Rea
MLS data updated 10/24/2026, 4:59:37 PM PT
Source: CRMLS, MLS #: HD26043834
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Mar 24, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,250,000Original asking price · Mar 24, 2026ZIP 92307 · Mar 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.