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Property profile & analytics
FOR SALE
Retail space

Bear Valley Rd Hesperia, CA 92345

9,135 SF 0.67 ac lot Built 2008
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US10-1488730
Property summary
AI-generated overview

This exceptional investment opportunity presents a single-tenant, Class A office building located at 15255 Bear Valley Rd, Hesperia, CA 92345. The property boasts 9,135 square feet of net rentable space situated on a 29,093 square foot lot, zoned for Commercial Office/Retail use. Currently 100% occupied by CalTrans under a gross lease, generating $161,486 in annual income. The lease expires September 30, 2025. The building, a single-story structure, offers versatile space previously configured as three separate units. Additional features include a secure yard area and a rear warehouse section with a roll-up door. The asking price is $2,626,000, translating to a price per square foot of $287.47. This prime Bear Valley Road frontage location provides excellent visibility and accessibility. The property's strong tenant, long-term lease, and substantial annual income make it an attractive investment prospect. The property's APN is 0406-041-17. This is a rare opportunity to acquire a high-quality, income-producing asset in a desirable location. The property is classified as Executive Office, Medical Office, and Traditional Office.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2008
Construction WOOD FRAME
Total area 9,135 SF
Lot 0.67 ac (29,093 SF)
APN 0406-041-17-0000
UPID US10-1488730
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
by Request
CAP Approach CAP
$1.34M
Comparable Approach Comparable
$766k
Blend (final) Blend
$1.01M
Owner & transaction history
Bear Valley Road 26 LLC · 12 yrs held
Bear Valley Road 26 LLC
since 2013
7 recorded transactions
2023
Price N/A
2023
Price N/A
2020
Price N/A
2013
Price N/A
2011
$760,000
2008
Price N/A
2007
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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