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    Hesperia Commercial Shopping Center Title is generated by Realmo AI

    16937 Walnut Street, Hesperia, CA 92345

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    For Sale
    $1,250,000

    Commercial Sale - Hesperia, CA

    Property size:
    7,863 SF
    Price / SF:
    $158/SF
    Added:
    Feb 7, 2026
    Days on Market:
    139
    Last Refresh:
    Jun 26 at 10:06 am

    Property Features for 16937 Walnut Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    0410172300000
    Size
    7,863 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1988
    Architectural style
    Other

    We can help!

    Contact an agent
    Kimberly Jarrard
    Kimberly Jarrard

    Listing agent Kimberly Jarrard License #01840446

    Listing office RE/MAX FREEDOM 6562 Caliente Road Suite 106, HESPERIA, CA

    Listing date Feb 7, 2026

    MLS# HD26028592 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • High‑visibility location on Walnut Street in an established commercial corridor.
    • Large parking lot with ample parking.
    • 7,863± square foot commercial shopping center.
    • Suitable for a variety of uses: restaurant, service businesses, church, professional users.
    • Conveniently located near major roadways, residential neighborhoods, and local businesses.
    • Central air conditioning.

    Overview

    This commercial shopping center, totaling approximately 7,863 square feet, is situated on Walnut Street in Hesperia, California. The location benefits from good visibility and access within an established commercial corridor. The property features a large parking lot with ample parking space. It is located near major roadways, residential neighborhoods, and local businesses, contributing to steady traffic and strong tenant demand in the area. The property is suited for a potential restaurant, service businesses, church, professional users, or other creative ventures.

    Local Financial Insights For Retail

    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 $113.2k $14.40
    − Vacancy −$6.6k −$0.84
    EGI $106.7k $13.56
    − OpEx −$32.0k −$4.07
    NOI $74.7k $9.50
    7,863 SF · lease $14.40/SF/yr · vacancy 5.80% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.07M
    $933.3K – $1.24M (±1% cap)
    NOI $74,662 @ 7.0% cap · market cap 5.97%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.23M
    $1.95M – $2.60M (±1% cap)
    NOI $156,103 @ 7.0% cap · market cap 12.49%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pastimes Antique Mall Home Decor Store Posh Paws Grooming ... Pet Grooming Service Blondie's Studio Salon Hair Salon Jimmy's High Desert ... Barber Shop Industrial Ink Tattoo & Piercing Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

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    Location Insight

    • Map
    • Local Demand
    City
    Hesperia
    County
    San Bernardino
    State
    California
    Longitude
    -117.2944708
    Latitude
    34.4187923

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    FAQs

    What type of property is this?
    Shopping center - 7,863 SF commercial center in established Hesperia corridor.
    Where is this shopping center located?
    The property is located at 16937 Walnut Street Hesperia, CA.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: High‑visibility location on Walnut Street in an established commercial corridor.; Large parking lot with ample parking.; 7,863± square foot commercial shopping center.
    (760) 887-1122
    We can help!
    Contact an agent
    Kimberly Jarrard
    Kimberly Jarrard
    Real Estate License ID: 01840446
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