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Property profile & analytics
OFF-MARKET
Turn key restaurants

16082 Main St Hesperia, CA 92345-3561

2,091 SF 0.23 ac lot Built 1980
Individually Owned 6-yr Hold ~ Est. High Equity
Property ID
US10-1609444
Property summary
AI-generated overview

This exceptional investment opportunity presents ±0.52 acres of vacant, commercially zoned land ideally situated on Main Street in Hesperia, California. The property consists of four parcels totaling the stated acreage and is designated for commercial use, allowing for a 50% coverage ratio. This presents significant development potential for a variety of commercial ventures. Located in San Bernardino County, with the address 16082 Main St, Hesperia, CA 92345, this property offers excellent visibility and accessibility due to its Main Street location. The asking price is $225,000, translating to a land value of $10 per square foot. This represents a compelling entry point into the Hesperia commercial real estate market, offering a chance to capitalize on the area's growth and development potential. The property's commercial zoning provides flexibility for a wide range of uses, making it an attractive option for both established businesses and new ventures. Detailed zoning information is readily available upon request. This is a land-only sale; no existing structures are included. Don't miss this chance to acquire a strategically located commercial parcel in a thriving California market.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1980
Construction WOOD FRAME
Total area 2,091 SF
Lot 0.23 ac (10,195 SF)
APN 0413-043-26-0000
UPID US10-1609444
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
  • Pancho's Mexican & Salvadorean Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Antonio Hernandez Madrigal · 6 yrs held
Antonio Hernandez Madrigal
since 2019
7 recorded transactions
2019
$620,000
2013
Price N/A
2012
Price N/A
2012
$164,700
2010
Price N/A
2007
Price N/A
2007
$1.1M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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