Technical
Financial
Distress signals
Property profile

0 Main St Hesperia, CA 92345

OFF-MARKET
Land
15.56 ac lot
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Property summary

AI-generated overview

This exceptional 15.56-acre property in Hesperia, California, presents a compelling investment opportunity. Strategically located on Main Street, approximately 0.78 acres are zoned Commercial, while the remaining land is designated Medium Density Residential. This prime location falls within Hesperia's Main Street/Interstate 15 District, a key area of the city's "Main Street and Freeway Corridor Specific Plan." The district is designed as a mixed-use area, emphasizing large-scale commercial and service uses, capitalizing on its high visibility and convenient access to Interstate 15. The property's location at the intersection of Main Street and Interstate 15 provides significant regional freeway accessibility and visibility, making it ideal for a variety of commercial developments. The minimal need for offsite improvements translates to efficient and cost-effective development, maximizing return on investment. The large footprint and strategic zoning offer flexibility for a range of development projects, making this a lucrative opportunity for the discerning buyer. The property's APN is 0405062590000. The asking price is $1,000,000, with a land value of $1 per square foot. The property is situated in San Bernardino County, CA, zip code 92345.

Property profile

Verified
Property type Land
Lot 15.56 ac (677,794 SF)

Cap rate & NOI

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

Location

Main St 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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