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Property profile & analytics
OFF-MARKET
Estimated value
$1,345,000
Office Spaces
17151 Main St, Hesperia, CA 92345-6191
Entity Owned
~
Est. High Equity
Property ID
US10-1480630
Property summary
AI-generated overview
This exceptional investment opportunity presents a single-story, 6,000-square-foot Class B medical office building located at 17151 Main St, Hesperia, CA 92345. The property, built in 1981, boasts a strong 6.89% capitalization rate and a substantial net operating income (NOI) of $88,200, reflecting a price per square foot of $213.33. Currently 100% occupied with four suites, the building features long-term net-lease agreements with established tenants, providing consistent income and significant upside potential. Its prime location offers excellent street visibility and high traffic counts, further enhanced by pylon signage. Two seasoned long-term medical tenants are currently in place. This free-standing building presents an ideal opportunity for owner-users or investors seeking a stable, high-performing asset in the thriving Hesperia market. The property's Assessed Parcel Number (APN) is 0410-181-61-0000. The asking price is $1,280,000.
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1981
Construction
WOOD FRAME
Total area
6,000 SF
Lot
0.46 ac (20,000 SF)
APN
0410-181-61-0000
UPID
US10-1480630
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
-
High Desert Medical Center Physician
-
Richards Charles A OD Physician
-
Med Pro Services Medical Clinic
-
Main Street PLaza Business Service Center Corporate Office
-
Victor Valley Chiropractic Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.38M
CAP Approach
CAP
$1.29M
Comparable Approach
Comparable
$1.57M
Blend (final)
Blend
$1.35M
Owner & transaction history
Vachirakorntong Medical Buildings LLC
Vachirakorntong Medical Buildings LLC
since 2026
Last sale
$925,000
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.8M
+30.3%
Medical building
$1.7M
+23.9%
Neighborhood: shopping center
$1.6M
+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
$1,395,000
ML approach
$1,380,000
CAP Approach
CAP Return
Estimation
6%
$1,395,000
6.5%
$1,290,000
7%
$1,195,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,400,000
Current use
AUTO REPAIR, GARAGE
$1,825,000
Change: +30% · Conversion: Difficult
MEDICAL BUILDING
$1,735,000
Change: +24% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,615,000
Change: +15% · Conversion: Difficult
RETAIL STORES
$1,335,000
Change: -5% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,280,000
Change: -9% · Conversion: Moderate
Blend value · Realmo final
$1.35M
Range $1.21M – $1.48M · ±10% · vs last sale $925k (Nov 16 2020)
Last sale anchor
$925k
Nov 16 2020
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
$224 / 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
$10,629
Tax year 2023
Assessed value
$981,617
Assessed 2024
Previous assessed
$962,370
+2.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$159,181
Assessed improvement
$822,436
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
Off-Market
Year built
1981
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
4
Total area
6,000 SF
Lot
0.46 ac (20,000 SF)
APN
0410-181-61-0000
UPID
US10-1480630
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
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
RETAIL STORES
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.3M
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
1981
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
4
Lot
0.46 ac
Current owner
From public records · entity-resolved
Vachirakorntong Medical Buildings LLC
Entity
Mailing address
PO BOX 692, WALNUT, CA 91788-0692
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2026
$1,168,000
Vachirakorntong Medical Buildings LLC
Hiway Development LLC
Grant Deed
—
Nov 16, 2020
$925,000
Hiway Dev LLC
Royal L W Invs LLC Series
Grant Deed
—
Sep 5, 2006
—
Royal West Investments LLC
Shahbazi,shahram
Quit Claim Deed
related
—
Dec 21, 2004
$689,000
Shahram Shahbazi
Napier Rodney S & C Trust
Grant Deed
$389,000 · Napier Rodney S & Cleo Trust
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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