Multi-Tenant Auto Service
New
For Sale
$1,200,000
16559 Bear Valley, Hesperia, CA 92345
Two existing tenants occupy space along Bear Valley Road in Hesperia.
Property Size4,950 SF
Lot Size0.68 Acres
Price / SF$242.42
Days on Market2
Property Features for 16559 Bear Valley
General Information
Standard status
Active
Size
4,950 SF
Lot size
0.68 Acres
Additional Details
Road Access
Yes
Service Bays
3
Building Details
Year Built
2001
Buildings
1
Tenancy
Multi
Listing Agency:
Coldwell Banker Commercial Rea
Listed By:
Gustavo Macias · License #01758792
(626) 523-1730
Source:
Myfabuloushome
Added: Oct 4
Last Checked: Oct 4 at 2:25PM
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 Commercial Rea
Investment Insights
Based on property information with market context.
This auto service property in Hesperia contains a 4,950 SF building with three service bays on 0.68 acres. Built in 2001, the facility has two existing tenants, including one with more than six years of occupancy.
The property is located along Bear Valley Road at 16559 Bear Valley, Hesperia, CA 92345. Its existing tenant count and service-bay configuration are central features of the property.
The property is located along Bear Valley Road at 16559 Bear Valley, Hesperia, CA 92345. Its existing tenant count and service-bay configuration are central features of the property.
Key Highlights
- 4,950 SF building on 0.68 acres
- Three automotive service bays
- Two existing tenants, including one with more than six years of occupancy
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
$47,002
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
3.92%
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%
$940,040
$940.0K
Cap Rate 7%
$671,457
$671.5K
Cap Rate 9%
$522,244
$522.2K
Market Conditions
NOI Build-Up for 4,950 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
$71.3K $14.40/SF
− Vacancy
−$4.1K −$0.84/SF
EGI
$67.1K $13.56/SF
− OpEx
−$20.1K −$4.07/SF
NOI
$47.0K $9.50/SF
Area
Hesperia, CA
Vacancy
5.80%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
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%
$940,040
Cap Rate 7%
$671,457
Cap Rate 9%
$522,244
Alternative Uses
Best Use
Retail
$671.5K
$587.5K – $783.4K
NOI $47,002 @ 7.0% cap · market cap 3.92%
Second Best
Industrial
$572.7K
$501.1K – $668.1K
NOI $40,086 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$1.40M
$1.23M – $1.64M
NOI $98,271 @ 7.0% cap · market cap 8.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
3
Service bays
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
860
Businesses Nearby
89k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 47%
Dining 34%
Shops & Services 17%
Electronics 1%
Food 4 Less
Groceries
42,096 visits/mo
0.4 miles
McDonald's
Dining
30,619 visits/mo
0.2 miles
Circle K
Shops & Services
14,381 visits/mo
0.1 miles
Metro by T-Mobile
Electronics
970 visits/mo
0.5 miles
Pep Boys Auto Parts & Service
Shops & Services
723 visits/mo
0.3 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
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- Z&G truck repair — 16559 Bear Valley Rd A, Hesperia, CA 92345
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Frequently Asked Questions
What type of property is this?
Auto shop - Two existing tenants occupy space along Bear Valley Road in Hesperia.
Where is this auto shop located?
The property is located at 16559 Bear Valley Hesperia, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 4,950 SF building on 0.68 acres; Three automotive service bays; Two existing tenants, including one with more than six years of occupancy
