Hesperia Mixed-Use Retail
For Sale
Contact for pricing
12033 Mariposa Road, Hesperia, CA 92345
Mixed-use retail property in Hesperia, California, totaling 8,630 square feet.
Property Size8,630 SF
Price / SF$312.75
Days on Market90
Property Features for 12033 Mariposa Road
General Information
Standard status
Active
Size
8,630 SF
Class
C
Property subtype
Retail, Office, Mixed Use
Zoning
C2
Lease Type
NNN
Investment Type
Owner/User
Building Details
Year Built
2001
Buildings
1
Units
3
Tenancy
Multi
Listing Agency:
RE/MAX Freedom
(760) 887-1122
Listed By:
Emily Caroline Stiltz · License #02233666
Source:
Crexi
Added: May 13
Changed: Aug 8
Last Checked: Aug 10 at 10:06AM
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 RE/MAX Freedom
Investment Insights
Based on property information with market context.
This mixed-use retail property is located in Hesperia, California. The building has a total area of 8,630 square feet. The property is suitable for commercial real estate purposes.
Key Highlights
- Mixed‑use retail property
- Located in Hesperia, California
- Totaling 8,630 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$120,389
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,407,780
$2.4M
Cap Rate 7%
$1,719,843
$1.7M
Cap Rate 9%
$1,337,656
$1.3M
Market Conditions
NOI Build-Up for 8,630 SF
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.
Gross rent
$207.1K $24.00/SF
− Vacancy
−$14.5K −$1.68/SF
EGI
$192.6K $22.32/SF
− OpEx
−$72.2K −$8.37/SF
NOI
$120.4K $13.95/SF
Area
Hesperia, CA
Vacancy
7.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,407,780
Cap Rate 7%
$1,719,843
Cap Rate 9%
$1,337,656
Alternative Uses
Best Use
Mixed Use
$1.72M
$1.50M – $2.01M
NOI $120,389 @ 7.0% cap · market cap 4.46%
Second Best
Retail
$1.17M
$1.02M – $1.37M
NOI $81,945 @ 7.0% cap · market cap 3.04%
Theoretical Best
Office A
$2.45M
$2.14M – $2.86M
NOI $171,330 @ 7.0% cap · market cap 6.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
Explore this area
Business Placement
Demographics for 92345, CA
86,499
Population
27,247
Households
3.2
Avg Household Size
34
Median Age
11%
College-Educated
77%
High-School Grad
98.9 sq mi
ZIP Area
875
Density / Sq Mi
$65,949
Median Household Income
$37,235
Median Earnings
$1,499
Median Rent
$359,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use retail property in Hesperia, California, totaling 8,630 square feet.
Where is this mixed-use property located?
The property is located at 12033 Mariposa Road Hesperia, CA.
What is the asking price?
The asking price for this property is $2,699,000.
What are key features of this property?
This property features: Mixed‑use retail property; Located in Hesperia, California; Totaling 8,630 square feet
