0 035706404 Hesperia, CA 92344
This ±84-acre parcel in Hesperia, CA, offers exceptional commercial and residential development potential. Located directly off Interstate 15, this property boasts over 3,000 square feet of I-15 frontage, just a short distance from Oak Hill Road. With a daily traffic count exceeding 261,000 vehicles, this strategic location provides unparalleled visibility and accessibility. The land is zoned for both commercial and residential uses, opening up a wide range of development possibilities, including retail, residential subdivisions, industrial parks, RV parks, campgrounds, or off-road parks. Its proximity to the newly developed Hesperia Industrial Park (approximately 13,000,000 square feet of warehouse/distribution facilities) further enhances its value. The Victor Valley's anticipated growth, fueled by over 25,000,000 square feet of planned industrial development, promises a significant increase in demand for housing and services, making this property an ideal investment opportunity. The APN is 0357-064-04. The asking price is $995,000. This property is situated in a high-traffic area, approximately halfway between Los Angeles and Las Vegas, ensuring consistent exposure to a large and diverse population.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.