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    Commercial Land on Ranchero Road Title is generated by Realmo AI

    SWC of Ranchero Road & Escondido Road, Hesperia, CA 92344

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    Commercial land available after Ranchero Road widening project completion.

    Type:Land
    Added:
    Jul 15, 2024
    Days on Market:
    705
    Last Refresh:
    May 12 at 11:00 pm

    Property Features for SWC of Ranchero Road & Escondido Road

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Paul Su
    Paul Su

    Listing agent Paul Su License #CA 01949696

    Listing office Progressive Real Estate Partners

    Listing date Jul 15, 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 Progressive Real Estate Partners

    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.
    • Proximity to the Silverwood Master Planned Community ensures a growing customer base.
    • Opportunity to provide a more convenient grocery shopping experience.
    • Site is relatively flat, utilities are in the street, signalized, and zoned commercial.

    Overview

    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.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Hesperia
    County
    San Bernardino
    State
    California
    Longitude
    -117.399
    Latitude
    34.3973

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    FAQs

    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.
    (909) 230-4500 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Paul Su
    Paul Su
    Real Estate License ID: CA 01949696
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    SWC of Ranchero Road & Escondido Road, Oak Hills (Hesperia Adjacent), CA 92344
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