Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    00 Live Oak St Hesperia, CA 92345
    Property profile & analytics

    00 Live Oak St, Hesperia, CA 92345

    View on Map
    • Land
    • 2.58 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 00 Live Oak St

    Lot size
    2.58 lot acres
    Property type
    Land

    Description

    This ±2.58-acre vacant land parcel presents a remarkable commercial development opportunity in Hesperia, California. Zoned RC (Regional Commercial), this strategically located property offers immense potential for a variety of commercial ventures, including shopping centers or hospitality/entertainment destinations. Its proximity to established residential areas, such as the Las Casitas Apartments, ensures a strong potential customer base. The property's advantageous location is approximately 0.6 miles from the I-15 and Main Street interchange, a major commercial hub featuring the High Desert Gateway center, home to numerous national retailers including Target, Ross, and others. Furthermore, it's situated about 10.5 miles from another thriving commercial area at the Escondido Avenue and Main Street intersection, anchored by Walmart, Wendy's, and other key businesses, as well as a newly built Kaiser Permanente hospital. The presence of existing utilities on the property streamlines the development process, promising efficient and cost-effective construction. The property's APN is 0405-072-66. The address is 00 Live Oak St, Hesperia, CA 92345. All information should be independently verified by the buyer.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hesperia
    County
    San Bernardino
    State
    California
    Longitude
    -117.372
    Latitude
    34.4341

    Comparable in this City

    • Value Estimation by Request
      23.24 Acres

      Ranchero Rd

      Land
      0 Ranchero Rd, Hesperia, CA 92345
      View Details
    • Value Estimation by Request
      8.95 Acres

      18117 Danbury Ave

      Land
      18117 Danbury Ave, Hesperia, CA 92345
      View Details
    • Value Estimation by Request
      5.20 Acres

      Olive St

      Land
      0 Olive St, Hesperia, CA 92345
      View Details
    • Value Estimation by Request
      2.33 Acres

      Hesperia CA Santa Fe Ave

      Land
      Hesperia CA Santa Fe Ave, Hesperia, CA 92345
      View Details
    • Value Estimation by Request
      15.70 Acres

      Santa Fe Ave

      Land
      0 Santa Fe Ave, Hesperia, CA 92345
      View Details
    • Value Estimation by Request
      80.00 Acres

      Middleton Ave

      Land
      0 Middleton Ave, Hesperia, CA 92345
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,012,639 SF

      Development Site on Ranchero Rd

      Land for development close to Tapestry Development.
      SE Of Santa Fe Ave And Ranchero Rd, Hesperia, CA 92345
      View Details
    • $595,000
      32,572 SF

      Prime Victorville Commercial Land

      0.75-acre lot, high traffic, C-2 zoning
      0 Bear Valley Rd, Victorville, CA 92345
      View Details
    • Contact for pricing

      Expansive Land Opportunity in Hesperia

      10-acre land parcel near Silverwood project, ideal for development.
      6600 Crockett Ave, Hesperia, CA 92345
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      40,186 SF

      Land Available For Ground Lease

      Land available for ground lease or build to suit.
      SW Of Apple Vly Rd And Bear Vly Rd, Hesperia, CA 92345
      View Details
    • Contact for pricing

      Retail Space on Main Street

      Retail space available on Hesperia's Main Street retail corridor.
      14101 Main St, Hesperia, CA 92345
      View Details
    • Contact for pricing
      2,500 SF

      Prime Location on Main Street

      High-traffic location near freeway and shopping center.
      12684 Main St, Hesperia, CA 92345
      View Details
    • Contact for pricing

      High Visibility Corner Acreage

      One acre commercial land with high traffic volume.
      HESPERIA CA 92345 Main St, Hesperia, CA 92345
      View Details
    • Contact for pricing

      Industrial Land for Lease

      Industrial land with utilities, ideal for outside storage.
      17316 Mesa St, Hesperia, CA 92345
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    00 Live Oak St
    Hesperia, CA 92345
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    00 Live Oak St, Hesperia, CA, 92345
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!