Office Building with Garage
For Sale
$900,000
16911 Main, Hesperia, CA 92345
Main Street property includes paved parking, additional land, and proximity to established retail and service businesses.
Property Size2,464 SF
Lot Size1.05 Acres
Price / SF$365.26
Days on Market48
Property Features for 16911 Main
General Information
Standard status
Active
Size
2,464 SF
Lot size
1.05 Acres
Property subtype
Special Purpose
Site & Location
Road Frontage
150 ft
Road Access
Yes
Additional Details
Land Use
commercial
Amenities
garage buildings
Building Details
Building Size
2,464 SF
Year Built
1964
Buildings
3
Stories
1
Listing Agency:
Coldwell Banker Commercial Rea
Listed By:
Steven Thompson · License #01963261
(760) 684-8000
Source:
Cbcworldwide
Added: Sep 1
Changed: Oct 2
Last Checked: Oct 16 at 5:46AM
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
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Investment Insights
Based on property information with market context.
This office property at 16911 Main includes an approximately 2,464-square-foot office building, two separate garage buildings, and paved on-site parking. Constructed in 1964, the improvements occupy a parcel of approximately 1.05 acres, with roughly half of the site consisting of vacant or underutilized land. That remaining area provides flexibility for an owner-user, investor, or future redevelopment plan, as expressly supported by the property information.
The site fronts Main Street with approximately 150 feet of frontage in Hesperia, California. It is positioned across from a Stater Bros.-anchored shopping center and near Crunch Fitness, Sizzler, Starbucks, and other national and regional retailers. The combination of office improvements, accessory garage structures, parking, and additional land creates a mixed existing-and-expansion profile.
The site fronts Main Street with approximately 150 feet of frontage in Hesperia, California. It is positioned across from a Stater Bros.-anchored shopping center and near Crunch Fitness, Sizzler, Starbucks, and other national and regional retailers. The combination of office improvements, accessory garage structures, parking, and additional land creates a mixed existing-and-expansion profile.
Key Highlights
- Approximately 1.05 acres
- Approximately 2,464 SF office building
- ±150 feet of frontage along Main Street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,723
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$734,460
$734.5K
Cap Rate 7%
$524,614
$524.6K
Cap Rate 9%
$408,033
$408.0K
Market Conditions
NOI Build-Up for 2,464 SF
Gross rent
$53.2K $21.60/SF
− Vacancy
−$4.3K −$1.73/SF
EGI
$49.0K $19.87/SF
− OpEx
−$12.2K −$4.97/SF
NOI
$36.7K $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 Rate 5%
$734,460
Cap Rate 7%
$524,614
Cap Rate 9%
$408,033
Alternative Uses
Best Use
Office B
$524.6K
$459.0K – $612.1K
NOI $36,723 @ 7.0% cap · market cap 4.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$698.8K
$611.5K – $815.3K
NOI $48,917 @ 7.0% cap · market cap 5.44%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
964
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Main Street property includes paved parking, additional land, and proximity to established retail and service businesses.
Where is this office building located?
The property is located at 16911 Main Hesperia, CA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Approximately 1.05 acres; Approximately 2,464 SF office building; ±150 feet of frontage along Main Street
