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Financial
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Property profile

I-15 And Ranchero Rd Hesperia, CA 92345

OFF-MARKET
Land
7 ac lot
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Property summary

AI-generated overview

This exceptional commercial land opportunity presents up to 32 acres of prime real estate in Hesperia, California, strategically located at the I-15 and Ranchero Road intersection. The 7-acre parcel is the last available freeway frontage lot in this location, offering unparalleled visibility and accessibility. Positioned to benefit from adjacent planned hotel and restaurant development, this property boasts significant potential for various uses. The larger 32-acre parcel is priced competitively at $1.43-$6.54 per square foot, making it attractive for speculative investors. The City of Hesperia supports a range of development options, including light industrial, residential, and retail projects. This site benefits from millions of dollars in completed infrastructure improvements, with more planned. The Ranchero Road off-ramp serves over 50,000 residents in Hesperia and Oak Hills. Existing nearby businesses include Starbucks, 76/Circle K with Krispy Kruncy Chicken, and a soon-to-open Chevron with Fatburger and Chronic Tacos, indicating a thriving commercial environment. The property's APN is 0657-561-84 | 0657-561-86. This is a rare chance to acquire a substantial land holding in a rapidly growing area with excellent freeway visibility and access. The permitted zoning is Regional Commercial. The asking price is $1,995,000.

Property profile

Verified
Property type Land
Lot 7 ac (304,920 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

I-15 And Ranchero Rd Hesperia, CA 92345
Hesperia metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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