Commercial Land on Ranchero
For Sale
Contact for pricing
SWC of Ranchero Road & Escondido Road, Hesperia, CA 92344
Commercial land available after Ranchero Road widening project completion.
Property SizeContact for details
Days on Market781
Property Features for SWC of Ranchero Road & Escondido Road
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Progressive Real Estate Partners
Listed By:
Paul Su · License #CA 01949696
(626) 417-4539
Source:
Crexi
Added: Jul 15, 2024
Changed: Aug 23
Last Checked: Sep 2 at 5:29PM
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 Progressive Real Estate Partners
Investment Insights
Based on property information with market context.
This commercial land is situated at the southwest corner of Ranchero Road and Escondido Road in Oak Hills, adjacent to Hesperia, CA. The location benefits from the Ranchero Road widening project, completed by the end of 2024, which expanded the road to five lanes. Approximately 18,032 cars per day traverse the intersection. The improved roadway facilitates access to the 15 Freeway for residents on the east side of Hesperia. The site is relatively flat, zoned commercial, and utilities are available in the street. The zoning creates barriers to entry, and few sites along Ranchero Road are available for commercial development. A master-planned community, Silverwood, is located on the eastern end of Ranchero Road and includes 15,633 dwelling units, 700,000 square feet of commercial space, and 5,000 acres of parks and open space. The location presents an opportunity to create a convenient grocery shopping experience for the 40,518 people within the trade area, who have an average household income of $110,038. The trade area consumes $73 million in food at home, excluding alcohol, prescription drugs, pet supplies, and smoking products. The site is signalized and free of Yucca trees.
Key Highlights
- High average household income and significant 'Food at Home' expenditure indicate strong consumer demand.
- Limited commercial development sites along Ranchero Road create significant barriers to entry.
- Ranchero Road widening project completion (end of 2024) and high traffic count enhance accessibility and visibility.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
Explore this area
Business Placement
Demographics for 92344, CA
23,166
Population
6,329
Households
3.7
Avg Household Size
34
Median Age
20%
College-Educated
83%
High-School Grad
37.6 sq mi
ZIP Area
616
Density / Sq Mi
$99,909
Median Household Income
$45,574
Median Earnings
$2,117
Median Rent
$454,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land available after Ranchero Road widening project completion.
Where is this commercial land located?
The property is located at SWC of Ranchero Road & Escondido Road Hesperia, CA.
What is the asking price?
The asking price for this property is $4,995,000.
What are key features of this property?
This property features: High average household income and significant 'Food at Home' expenditure indicate strong consumer demand.; Limited commercial development sites along Ranchero Road create significant barriers to entry.; Ranchero Road widening project completion (end of 2024) and high traffic count enhance accessibility and visibility.
