Standalone Office
For Sale
$880,000
14628 Main, Hesperia, CA 92345
Move-in-ready office property with multiple rooms, bathrooms, parking access, and front and rear entry doors.
Property Size2,176 SF
Price / SF$404.41
Days on Market218
Property Features for 14628 Main
General Information
Standard status
Active
Size
2,176 SF
Property subtype
Office
Amenities
Paved. Paved Road.
Building Details
Year Built
1979
Listing Agency:
Pro One Realty
(760) 868-5555
Listed By:
Hyung Song · License #01367767
Source:
Xome
Added: Jan 24
Changed: Aug 29
Last Checked: Aug 29 at 6:08PM
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 Pro One Realty
Investment Insights
Based on property information with market context.
This standalone office building contains 2,176 square feet with multiple rooms and bathrooms, providing a practical layout for office operations. Front and rear doors connect the building with the surrounding parking areas, and the property is described as ready for occupancy. Two sheds are included at the back of the site. Constructed in 1979, the building has paved exterior access and is maintained for professional use.
The property is positioned on Main St. between Maple Ave. and Cottonwood Ave. in Hesperia, California. Its location is described as highly visible, with significant daily vehicle traffic, and it is approximately 2 miles from the I-15FWY. Parking is available on the property, supporting convenient access from both building entrances.
The property is positioned on Main St. between Maple Ave. and Cottonwood Ave. in Hesperia, California. Its location is described as highly visible, with significant daily vehicle traffic, and it is approximately 2 miles from the I-15FWY. Parking is available on the property, supporting convenient access from both building entrances.
Key Highlights
- 2,176‑square‑foot standalone office building
- Multiple rooms and bathrooms with front and rear doors
- Two sheds included at the back of the property
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
$32,431
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
3.69%
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%
$648,620
$648.6K
Cap Rate 7%
$463,300
$463.3K
Cap Rate 9%
$360,344
$360.3K
Market Conditions
NOI Build-Up for 2,176 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
$47.0K $21.60/SF
− Vacancy
−$3.8K −$1.73/SF
EGI
$43.2K $19.87/SF
− OpEx
−$10.8K −$4.97/SF
NOI
$32.4K $14.90/SF
Area
Hesperia, CA
Vacancy
8.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
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%
$648,620
Cap Rate 7%
$463,300
Cap Rate 9%
$360,344
Alternative Uses
Best Use
Office B
$463.3K
$405.4K – $540.5K
NOI $32,431 @ 7.0% cap · market cap 3.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$617.1K
$540.0K – $720.0K
NOI $43,200 @ 7.0% cap · market cap 4.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
278
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 Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Move-in-ready office property with multiple rooms, bathrooms, parking access, and front and rear entry doors.
Where is this office building located?
The property is located at 14628 Main Hesperia, CA.
What is the asking price?
The asking price for this property is $880,000.
What are key features of this property?
This property features: 2,176‑square‑foot standalone office building; Multiple rooms and bathrooms with front and rear doors; Two sheds included at the back of the property
