Sarabjit Lambsar Purchases Mixed-use Asset In Apple Valley For $3.32M Represented By Boyett Team
15762 Tuscola Road
$3,320,000
$124/SF
Building Size
26,719 SF
Asset Type
Mixed-use
Closing
Mar 12, 2026
AI
A mixed-use property located at 15762 Tuscola Road in the Apple Valley market was sold for $3,320,000. The asset encompasses a total square footage of 26,719, translating to a price per square foot of $124.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $3,320,000
- Address: 15762 Tuscola Road
- Market: Apple Valley
- Square Footage: 26,719
- Price per Square Foot: $124
- Buyer: Sarabjit Lambsar
- Seller: Lucy Lu
- Brokers: John Boyett & Diva Rescia - Boyett Team - CBRE
Representatives involved in the transaction included John Boyett and Diva Rescia, who worked through the Boyett Team at CBRE, facilitating the sale between the buyer and the seller.
Players
Apple Valley Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.78%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93