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Property profile & analytics
FOR SALE
Office Spaces
15545 Bear Valley Rd, Hesperia, CA 92345
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US10-1453333
For Sale
1 / 6
$350,000
15545 Bear Valley Rd, Hesperia, CA 92345
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Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1976
Construction
WOOD FRAME
Total area
5,088 SF
Lot
0.67 ac (29,190 SF)
APN
0406-061-11-0000
UPID
US10-1453333
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
Current use
Occupant on record · Public records
-
Joe The Realtor Real Estate Agency
-
Amanda Vaage Realtor Real Estate Agency
-
Shear Realty Real Estate Agency
-
IRSTaxResolutionGroupInc Tax Preparation Social Service Agency
-
Heidy Contreras Realtor Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.00M
CAP Approach
CAP
$1.09M
Comparable Approach
Comparable
$1.32M
Blend (final)
Blend
$1.00M
Owner & transaction history
Juan Lopez · 1 yrs held
Juan Lopez
since 2024
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.6M
+30.3%
Medical building
$1.5M
+23.9%
Neighborhood: shopping center
$1.4M
+15.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hesperia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hesperia submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,000,000
ML approach
$1,000,000
CAP Approach
CAP Return
Estimation
6%
$1,185,000
6.5%
$1,090,000
7%
$1,015,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,190,000
Current use
AUTO REPAIR, GARAGE
$1,550,000
Change: +30% · Conversion: Difficult
MEDICAL BUILDING
$1,470,000
Change: +24% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,370,000
Change: +15% · Conversion: Difficult
RETAIL STORES
$1,130,000
Change: -5% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,085,000
Change: -9% · Conversion: Moderate
Blend value · Realmo final
$1.00M
Range $900k – $1.10M · ±10% · vs last sale $1.00M (Dec 10 2024)
Last sale anchor
$1.00M
Dec 10 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$197 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,875
Tax year 2023
Assessed value
$976,600
Assessed 2024
Previous assessed
$948,200
+3.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$525,900
Assessed improvement
$450,700
Applied tax rate
20.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Sale
Year built
1976
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
3
Total area
5,088 SF
Lot
0.67 ac (29,190 SF)
APN
0406-061-11-0000
UPID
US10-1453333
Jurisdiction
SAN BERNARDINO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
RETAIL STORES
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.1M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1976
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
3
Lot
0.67 ac
Current owner
From public records · entity-resolved
Juan Lopez
Individual
Mailing address
18582 MADRONE ST, HESPERIA, CA 92345-6624
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2026
—
Vb S1 Assets LLC
—
Deed
related
$158,988 · Deutsche Bank Trust Co Americas
Jun 18, 2025
—
Vb Acquisitions LLC
—
Deed
related
$107,173 · Barclays Bank Plc
Dec 10, 2024
$1,000,000
Juan Lopez
Leroy Otwell
Grant Deed
$500,000 · Otwell Family Trust
Jan 3, 2006
$750,000
Otwell Family Trust
Heidenreich,mark W & Suzanne M
Grant Deed
$450,000 · Mark W & Suzanne M Heidenreich
Jun 14, 2000
$200,000
Leroy J Otwell
Davis,darlene C
Grant Deed
$140,000 · Business Bank Of California
May 24, 1994
$68,000
Mark W Heidenreich
Otwell,leroy J &
Grant Deed
related
$25,735 · Individual
Jul 30, 1991
$133,000
Leroy J Otwell
Bennett,stephen
Grant Deed
related
$53,794 · Seller
Apr 29, 1988
$165,000
Stephen Bennett
Cobb
Grant Deed
$165,000 · High Desert National Bank
—
—
Leroy J Otwell
—
Deed Of Trust
related
$4,000 · Individual
—
—
Leroy J Otwell
—
Deed Of Trust
related
$7,000 · Individual
—
—
Leroy J Otwell
—
Deed Of Trust
related
$10,000 · Individual
—
—
Leroy J Otwell
—
Deed Of Trust
related
$16,133 · Individual
—
—
Leroy J Otwell
—
Deed Of Trust
related
$5,175 · Individual
—
—
Leroy J Otwell
—
Deed Of Trust
related
$140,000 · High Desert National Bank
—
—
Stephen Bennett
—
Deed Of Trust
related
$168,000 · Bank Of America
—
—
Otwell Family Trust
—
Deed Of Trust
related
$1,000,000 · Sher Family Trust
—
—
Mark W Heidenreich
—
Deed Of Trust
related
$155,000 · Desert Community Bank
—
—
Mark W Heidenreich
—
Deed Of Trust
related
$30,000 · California State Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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