0 Santa Fe Ave Hesperia, CA 92345
This exceptional investment opportunity encompasses three parcels totaling approximately 15.7 acres of land in Hesperia, California. Located in San Bernardino County, with the address of Santa Fe Ave E, zip code 92345, this property is zoned MDR (Medium Density Residential), permitting 8-15 units per acre, presenting significant potential for residential development. The property's strategic location south of Main Street, a major east-west thoroughfare providing convenient access to Interstate 15, ensures excellent connectivity. Nearby amenities include shopping centers, grocery stores, restaurants, and schools, enhancing the desirability of the location. The area is experiencing robust population growth and a shortage of housing, creating a strong demand for new residential units. Adding to its appeal, the property boasts two convenient access points: Santa Fe Avenue to the west and Muscatel Street to the south. The APN numbers are 0410-211-02, 08, 09. This presents a rare chance for builders and investors to capitalize on the burgeoning housing market in Hesperia. The asking price for this substantial land holding is $1,962,500.
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.