0 Ranchero Rd Hesperia, CA 92344
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.