Hesperia Industrial Property For
For Sale
$1,500,000
Pending
17565 Alder, Hesperia, CA 92345
Versatile industrial property on 2.6 acres in Hesperia, CA.
Property Size9,000 SF
Lot Size2.60 Acres
Days on Market97
Property Features for 17565 Alder
General Information
Standard status
Pending
Size
9,000 SF
Lot size
2.60 Acres
Property subtype
Industrial
Building Details
Building Size
9,000 SF
Year Built
1979
Units
1
Listing Agency:
Coldwell Banker Home Source
(760) 964-7111
Listed By:
Jeffrey Longshore SR · License #01239692
(760) 964-7111
Source:
Elliman
Added: May 21
Changed: Aug 14
Last Checked: Aug 24 at 7:49AM
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 Coldwell Banker Home Source
Investment Insights
Based on property information with market context.
This commercial industrial property for sale in Hesperia, California, presents an opportunity for various business operations. Situated on a fully fenced 2.6-acre lot, the property features two buildings totaling approximately 9,000 square feet. Building One encompasses approximately 3,000 square feet, while Building Two comprises approximately 6,000 square feet divided into four 1,500-square-foot units. Constructed in 1979, the property is zoned for light industrial use and includes an improved office and machine shop setup. The property is in great condition with a functional layout and ample yard space suitable for parking, equipment, storage, or fleet vehicles. It offers easy access for trucks and deliveries. The location in Hesperia provides convenient freeway access. This property is suitable for businesses seeking industrial space, warehouse space, a contractor yard, fabrication facility, automotive use, machine shop operations, or commercial investment property. It offers potential for owner-users, contractors, manufacturing, automotive, warehouse, fabrication, machine shop, office, or industrial operations.
Key Highlights
- Versatile light industrial property suitable for various operations
- Two buildings totaling 9,000 sq. ft., including a 3,000 sq ft building and a 6,000 sq ft building (4‑1500 sq ft units)
- Large 2.6‑acre fenced lot provides ample yard space
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
$117,515
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
7.83%
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%
$2,350,300
$2.4M
Cap Rate 7%
$1,678,786
$1.7M
Cap Rate 9%
$1,305,722
$1.3M
Market Conditions
NOI Build-Up for 9,000 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
$194.4K $21.60/SF
− Vacancy
−$13.6K −$1.51/SF
EGI
$180.8K $20.09/SF
− OpEx
−$63.3K −$7.03/SF
NOI
$117.5K $13.06/SF
Area
Hesperia, CA
Vacancy
7.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
35.00%
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%
$2,350,300
Cap Rate 7%
$1,678,786
Cap Rate 9%
$1,305,722
Alternative Uses
Best Use
Flex RnD
$1.68M
$1.47M – $1.96M
NOI $117,515 @ 7.0% cap · market cap 7.83%
Second Best
Industrial
$1.04M
$911.1K – $1.21M
NOI $72,884 @ 7.0% cap · market cap 4.86%
Theoretical Best
Office A
$2.55M
$2.23M – $2.98M
NOI $178,675 @ 7.0% cap · market cap 11.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
345
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 Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Versatile industrial property on 2.6 acres in Hesperia, CA.
Where is this manufacturing property located?
The property is located at 17565 Alder Hesperia, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Versatile light industrial property suitable for various operations; Two buildings totaling 9,000 sq. ft., including a 3,000 sq ft building and a 6,000 sq ft building (4‑1500 sq ft units); Large 2.6‑acre fenced lot provides ample yard space
