Freestanding Office Building with
16229 Bear Vly Hesperia, CA 92345
16229 Bear Vly, Hesperia, CA, 92345
$725,000
For Sale
$725,000
Freestanding office building on a high-traffic corridor with General Commercial (C2) zoning for office and retail uses.
Property Size2,541 SF
Price / SF$285.32
Days on Market67
Property Features for 16229 Bear Vly
General Information
- Standard status
- Active
- Size
- 2,541 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1984
Listing agency
MGR Real Estate, Inc
(760) 955-7888
Listed by
Randy Sanchez · License #01180997
Source
Elliman
Added: May 16 Updated: Jul 21 at 3:08AM Checked: Jul 21 at 3:08AM
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.
We are pleased to present for sale a freestanding 2,541 SF office building formerly occupied by a real estate office. The property is located on Bear Valley Road and offers strong visibility and exposure to passing traffic. It is positioned as a redevelopment opportunity with zoning support for a range of office and retail uses.
The site benefits from traffic counts exceeding 51,800 cars per day directly in front of the property. It is also located just two blocks from Desert Valley Medical Center and near Hesperia Road, supporting convenient access to the surrounding Hesperia, Victorville, and Apple Valley communities.
The building is zoned General Commercial (C2), which allows for a broad mix of office and retail uses. The seller notes suitability for medical, dental, veterinary, or pharmacy use; however, all data and permitted uses should be verified by the buyer with the City of Hesperia.
The site benefits from traffic counts exceeding 51,800 cars per day directly in front of the property. It is also located just two blocks from Desert Valley Medical Center and near Hesperia Road, supporting convenient access to the surrounding Hesperia, Victorville, and Apple Valley communities.
The building is zoned General Commercial (C2), which allows for a broad mix of office and retail uses. The seller notes suitability for medical, dental, veterinary, or pharmacy use; however, all data and permitted uses should be verified by the buyer with the City of Hesperia.
Key Highlights
- Freestanding 2,541 SF office building built in 1984 on highly traveled Bear Valley Road
- Traffic counts exceed 51,800 cars per day directly in front of the site
- Zoned General Commercial (C2), allowing a wide range of office and retail uses
Local Financial Insights For Office B
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 | $54.9k | $21.60 |
| − Vacancy | −$4.4k | −$1.73 |
| EGI | $50.5k | $19.87 |
| − OpEx | −$12.6k | −$4.97 |
| NOI | $37.9k | $14.90 |
2,541 SF · lease $21.60/SF/yr · vacancy 8.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$541.0K
$473.4K – $631.2K
NOI $37,871 @ 7.0% cap · market cap 5.22%
Second Best
Healthcare Medical
$488.7K
$427.7K – $570.2K
NOI $34,212 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$720.7K
$630.6K – $840.8K
NOI $50,446 @ 7.0% cap · market cap 6.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Classic Real Estate
Real Estate Agency
Classic Real Estate ...
Real Estate Agency
Zachary and Associates with ...
Real Estate Agency
Classic Real Estate: ...
Real Estate Agency
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FAQs
What type of property is this?
Office building - Freestanding office building on a high-traffic corridor with General Commercial (C2) zoning for office and retail uses.
Where is this office building located?
The property is located at 16229 Bear Vly Hesperia, CA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Freestanding 2,541 SF office building built in 1984 on highly traveled Bear Valley Road; Traffic counts exceed 51,800 cars per day directly in front of the site; Zoned General Commercial (C2), allowing a wide range of office and retail uses
