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Property profile & analytics
OFF-MARKET
Land

Hesperia CA Santa Fe Ave Hesperia, CA 92345

2.33 ac lot
Property ID
Property summary
AI-generated overview

This exceptional ±2.33-acre parcel in Hesperia, California, presents a remarkable investment opportunity. Located in a high-demand area, the property is zoned MDR, permitting the development of 8-15 multi-family units per acre, offering significant potential for substantial returns. The land boasts convenient access via two points: Santa Fe Avenue to the west and Olive Street to the south. Its strategic location just south of Main Street, a major east-west thoroughfare connecting to Interstate 15, ensures excellent visibility and accessibility. Nearby amenities include shopping centers, grocery stores, restaurants, and schools, enhancing the desirability of the future development. The current market reflects a strong demand for housing driven by population growth and limited existing inventory, making this a particularly attractive proposition for investors and builders seeking to capitalize on this favorable market dynamic. The property's APN is 0410-171-37, and it's situated in San Bernardino County, with a Hesperia, CA 92345 zip code. The asking price is $244,650. This is a rare chance to acquire a well-situated, multi-family zoned land parcel in a thriving California community.

Property profile
Verified
Property type Land
Lot 2.33 ac (101,495 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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