Commercial Building with Warehouse
11810 I Ave Hesperia, CA 92345
11810 I Ave, Hesperia, CA, 92345
$850,000
For Sale
$850,000
Freestanding commercial/light industrial building with office and warehouse space.
Property Size6,712 SF
Lot Size0.45 Acres
Price / SF$126.64
Days on Market94
Property Features for 11810 I Ave
General Information
- Standard status
- Active
- Size
- 6,712 SF
- Lot size
- 0.45 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1988
Listing Agency
MGR Real Estate, Inc
(760) 955-7888
Listed by
Randy Sanchez · License #01180997
Source
Elliman
Added: Apr 15 Checked: Jul 16 at 7:27 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MGR Real Estate, Inc
Investment Insights
Based on property information with market context.
This commercial/light industrial building offers approximately 6,712 square feet of space on a 19,555 square foot lot. The property is situated along I Avenue, which provides high visibility and consistent daily traffic exposure. The building includes approximately 1,500 square feet of office space combined with a large insulated warehouse. The property is zoned C3 and equipped with 3-phase power, making it suitable for heavy-duty operations and expanding commercial or light industrial needs. It is suitable for a range of business uses and may be ideal for an owner-user or as an investment property. The bike score is 25, indicating it is somewhat bikeable, the walk score is 17, indicating it is car-dependent, and the transit score is 25, indicating some transit options are available. Buyers should independently verify all potential uses of the property with the City of Hesperia.
Key Highlights
- High visibility location on highly traveled I Avenue with consistent daily traffic exposure.
- ±6,712 SF free‑standing commercial/light industrial building on a ±19,555 SF lot.
- Approximately ±1,500 SF of office space combined with a large insulated warehouse.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $83.8k | $12.48 |
| − Vacancy | −$6.1k | −$0.91 |
| EGI | $77.7k | $11.57 |
| − OpEx | −$11.6k | −$1.74 |
| NOI | $66.0k | $9.83 |
6,712 SF · lease $12.48/SF/yr · vacancy 7.30% · expense 15.00%
Alternative Uses
Best Use
Flex RnD
$1.25M
$1.10M – $1.46M
NOI $87,640 @ 7.0% cap · market cap 10.31%
Second Best
Warehouse
$942.9K
$825.0K – $1.10M
NOI $66,003 @ 7.0% cap · market cap 7.77%
Theoretical Best
Office A
$1.90M
$1.67M – $2.22M
NOI $133,252 @ 7.0% cap · market cap 15.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
National Coatings & Supplies
Hardware & Home Improvement
Similar For Sale Nearby
Similar Off Market Nearby
- Mad Smoke — 17720 Walnut St, Hesperia, CA 92345
FAQs
What type of property is this?
Flex space - Freestanding commercial/light industrial building with office and warehouse space.
Where is this flex space located?
The property is located at 11810 I Ave Hesperia, CA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: High visibility location on highly traveled I Avenue with consistent daily traffic exposure.; ±6,712 SF free‑standing commercial/light industrial building on a ±19,555 SF lot.; Approximately ±1,500 SF of office space combined with a large insulated warehouse.
