15255 Bear Valley Rd Hesperia, CA 92345
Freestanding commercial building with Bear Valley Road frontage.
- Added:
- Feb 23, 2024
- Days on Market:
- 870
- Last Refresh:
- May 12 at 8:30 pm
Property Features for 15255 Bear Valley Rd
General Information
- Standard status
- Active
- Size
- 9,135 SF
- Lot size
- 0.67 Acres
- Property subtype
- Land
Listing office Kursch Group (760) 983-2383
Listing date Feb 23, 2024
Source Crexi
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 Kursch Group
Investment Insights
Based on property information with market context.
Key Highlights
- Prime Bear Valley Road Frontage
- Leased to CalTrans with long‑term tenancy
- Generates $161,486 annual gross income
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 | $197.3k | $21.60 |
| − Vacancy | −$15.8k | −$1.73 |
| EGI | $181.5k | $19.87 |
| − OpEx | −$45.4k | −$4.97 |
| NOI | $136.1k | $14.90 |