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Property profile & analytics
OFF-MARKET
Land

0 Ranchero Rd Hesperia, CA 92344

5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5-acre commercial land parcel in Oak Hills, CA, presents a unique investment opportunity. Strategically located on Ranchero Road, less than half a mile east of the I-15 and Ranchero Road interchange, this property benefits from exceptional access and visibility. The site is situated just over a mile from Oak Hills High School (approx. 2,500 students), ensuring a strong local presence. Furthermore, the property is undergoing significant infrastructure improvements, with a major lane widening project on Ranchero Road (estimated $54 million) currently underway between the BNSF bridge and I-15. This development enhances accessibility and increases property value. The location is also southeast of a substantial (approx. 3,267,000 sq ft) industrial development, including a new Modway furniture manufacturing facility. Adding to the long-term growth potential, a large master-planned community ("Silverwood," approx. 9,633 acres) is under development, with plans for approximately 15,633 homes. The first phase, including approximately 470 lots, is projected to open in Q3 2024, located approximately seven miles east. Utilities (power, water, gas, and fiber) are readily available on Ranchero Road, directly in front of the parcel, making it ready for immediate commercial development (buyer to verify). The property's APN is 0357-561-05 and is zoned Oak Hills/Neighborhood Commercial. This prime location offers significant potential for various commercial ventures.

Property profile
Verified
Property type Land
Lot 5 ac (217,800 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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