Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    Ranchero Crossings Hesperia, CA 92345

    • Land
    • 39.00 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Ranchero Crossings

    Lot size
    39.00 lot acres
    Property type
    Land

    Description

    This exceptional 39-acre commercial land parcel in Hesperia, California (APN: 0357-561-84, 86), presents a unique investment opportunity. Zoned for Regional Commercial use, this property boasts unparalleled freeway frontage visibility at the first major off-ramp serving over 50,000 residents in Hesperia and Oak Hills. The site is strategically positioned to capitalize on the planned hotel and restaurant development on the adjacent 3-acre parcel. Priced at $1,995,000 ($1.43/SF), this 32-acre parcel is ideal for a speculative investor seeking diverse development options, including light industrial, residential, or retail uses. The City of Hesperia actively supports various development proposals. Significant infrastructure improvements have already been completed, with further enhancements planned. The property's location offers immediate access to thriving businesses, including Starbucks, 7-Eleven/Circle K with Krispy Kruncher Chicken, and a soon-to-open Chevron with Fatburger and Chronic Tacos. This is the last available freeway frontage parcel at this location, ensuring exceptional visibility and accessibility. Don't miss this chance to secure a prime piece of Hesperia's commercial landscape.

    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
    -117.344
    Latitude
    34.3832

    Comparable in this City

    • Value Estimation by Request
      0.23 Acres

      0000 Orange St

      Land • 0.23 Acres
      0000 Orange St, Hesperia, CA 92345
      View Details
    • Value Estimation by Request
      2.04 Acres

      Tamarisk Ave

      Land • 2.04 Acres
      0 Tamarisk Ave, Hesperia, CA 92345
      View Details
    • Value Estimation by Request
      2.58 Acres

      00 Live Oak St

      Land • 2.58 Acres
      00 Live Oak St, Hesperia, CA 92345
      View Details
    • Value Estimation by Request
      0.92 Acres

      15736 Main St

      Land • 0.92 Acres
      15736 Main St, Hesperia, CA 92345
      View Details
    • Value Estimation by Request
      10.00 Acres

      395 And Main St

      Land • 10.00 Acres
      395 And Main St, Hesperia, CA 92345
      View Details
    • Value Estimation by Request

      Boxwood Ave

      Land
      0 Boxwood Ave, Hesperia, CA 92345
      View Details

    Similar Nearby for Sale

    • $778,000
      1.70 Acres

      Hesperia Commercial Land Investment

      1.7 Acres, C-1 Zoned, Prime Location
      00 Jacaranda Ave, Hesperia, CA 92345
      View Details
    • $203,744
      2.08 Acres

      Hesperia Industrial Land - $203K

      2.08-acre industrial lot, prime location.
      0 Mojave St, Hesperia, CA 92345
      View Details
    • $650,000

      Locust Ave Land Opportunity

      Land available for sale on Locust Ave, Victorville, CA.
      Locust Ave, Victorville, CA 92345
      View Details
    • $110,000

      Land For Sale

      Land available for sale.
      5071 Mc Conneny Rd, Hesperia, CA 92345
      View Details
    • $1,950,000

      Land For Sale

      Land available for sale.
      Oxford Ave, Hesperia, CA 92345
      View Details
    • $295,000

      Land For Sale Phelan

      Land available for sale in Phelan, California.
      Phelan Rd, Phelan, CA 92345
      View Details

    Similar Nearby for Lease

    • $0.72 SF/Yr
      1,000 SF

      Hesperia Industrial Land - 2.13 Acres

      Prime Hesperia industrial land, 92,783 sq ft, ready for development.
      17316 Mesa St, Hesperia, CA 92345
      View Details
    • Contact for pricing
      71,003 SF

      Hesperia Commercial Land - 1.63 AC

      High-traffic corner lot, utilities available.
      15901 Main St, Hesperia, CA 92345
      View Details
    • Contact for pricing
      51,700 SF

      Hesperia Office Space For Lease

      8,000 SF Office, High Visibility
      16490 Walnut St, Hesperia, CA 92345
      View Details
    • Contact for pricing
      217,800 SF

      Hesperia Industrial Land For Lease

      Over 5 acres of general industrial land in Hesperia.
      10399 C Ave, 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
    • $0.12 SF/Yr
      8 SF

      Hesperia Contractor's/Truck Yard For Rent

      Contractor's/Truck Yard with shop, house/office, and canopies for rent.
      9927 C Ave | Hesperia, 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.
    Ranchero Crossings
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.