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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    16360 Main St Hesperia, CA 92345-3548

    • Office buildings
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-2136165
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Matt Valdez - State Farm Insurance Agent / Insurance Agency / Auto Insurance Agency
    • Jerry Klein - State Farm Insurance Agent / Insurance Agency / Auto Insurance Agency

    Property Details for 16360 Main St

    Property type
    Office buildings
    APN
    0413-054-24-1000
    APU
    413054241000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hesperia
    County
    San Bernardino
    State
    California
    Longitude
    -117.306
    Latitude
    34.4225
    CBSA code
    40140
    CBSA name
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2016
    $0.00
    $0.00
    $4,528
    $4,528
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      23,062 SF

      15550 Main St

      Office space • 23,062 SF
      15550 Main St, Hesperia, CA 92345
      View Details
    • Value Estimation
      $1,015,000
      5,010 SF

      15235 Main St

      MEDICAL BUILDING • 5,010 SF
      15235 Main St, Hesperia, CA 92345-3326
      View Details
    • Value Estimation by Request
      2,075 SF

      15659 Bear Vly Rd

      OFFICE (GENERAL) • 2,075 SF
      15659 Bear Vly Rd, Hesperia, CA 92345-1761
      View Details
    • Value Estimation by Request
      2,010 SF

      15679 Bear Vly Rd

      MEDICAL BUILDING • 2,010 SF
      15679 Bear Vly Rd, Hesperia, CA 92345-0831
      View Details
    • Value Estimation
      $1,015,000
      5,100 SF

      11951 Hesperia Rd

      OFFICE (GENERAL) • 5,100 SF
      11951 Hesperia Rd, Hesperia, CA 92345-1855
      View Details
    • Value Estimation by Request
      936 SF

      16950 Smoke Tree St

      OFFICE (GENERAL) • 936 SF
      16950 Smoke Tree St, Hesperia, CA 92345-6109
      View Details

    Similar Nearby for Sale

    • $550,000

      Main Street Office Building For Sale

      Three-unit office building with excellent frontage and ample parking.
      14312 Main St, Hesperia, CA 92345
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    • $850,000

      Hesperia Multi-Unit Office Complex

      High-visibility commercial property with six freestanding office buildings.
      16925 Main St, Hesperia, CA 92345
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    • $528,000
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      Freestanding Office Building in Hesperia

      Well-maintained office building with ample parking in Hesperia, California.
      16000 Yucca St, Hesperia, CA 92345
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    • $550,000

      Three-Unit Office Building For Sale

      Three-unit office building with Main Street frontage and ample parking.
      14312 Main St, Hesperia, CA 92345
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    • Contact for pricing
      15,520 SF

      Hesperia Medical Office Suite

      В±12,177 SF Medical Office, Prime Location
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      View Details
    • $1,280,000
      6,000 SF

      Hesperia Medical Office Building

      6,000 SF Medical Office, High NOI
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    Similar Nearby for Lease

    • $18 SF/Yr
      23,062 SF

      Hesperia Office Space for Lease

      Prime Hesperia location, multiple suites available.
      15550 Main St, Hesperia, CA 92345
      View Details
    • Contact for pricing

      Retail/Office/Medical Shell Building For Rent

      Under construction retail shell building with multiple units for lease.
      15634 Main St, Hesperia, CA 92345
      View Details
    • $1.10 SF/Yr

      Hesperia Multi-Unit Office Building

      Multi-unit office building with warehouse space available for rent.
      16490 Walnut St, Hesperia, CA 92345
      View Details
    • $1.10 SF/Yr
      6,000 SF

      Hesperia Commercial Space with Storage

      Multi-unit building with office, warehouse, and storage space.
      16490 Walnut St, Hesperia, CA 92345
      View Details
    • $16 SF/Yr
      102,120 SF

      Lemon St. Industrial Condo Complex

      Multi-tenant flex space, 102,120 sqft.
      17229 Lemon St, Hesperia, CA 92345
      View Details
    • $12,500 /Mo
      17,400 SF

      Hesperia Warehouse and Office Space

      Commercial lease featuring warehouse and office space with freeway frontage.
      11768 Mariposa Rd, Hesperia, CA 92345
      View Details
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    16360 Main St
    Hesperia, CA 92345-3548
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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