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    17229 Lemon St Hesperia, CA 92345-8327
    Property profile & analytics

    17229 Lemon St Hesperia, CA 92345-8327


    • Industrial properties
    • 102,120 SF
    • 11.00 lot acres
    Off-Market
    Last Sale May 7, 2021
    $8,890,000
    Property ID
    US10-0953798
    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.

    Value Estimations
    $10,100,000
    Show details
    Cap Rate Potential
    7.9%
    Industrial properties
    Location Intelligence

    Current Use by Public Records

    • Lead Masters Inc / Industrial Manufacturer / Production Facility
    • Davis Plumbing & Mechanical / Plumbing Service / General Contractor
    • U-Haul Neighborhood Dealer / Car Rental Facility
    • Custom Stitch Upholstery / Furniture & Home Goods
    • High Desert Auto & RV / Auto Repair Shop

    Property Details for 17229 Lemon St

    Year built
    1986
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    11.00 lot acres
    Property size
    102,120 SF
    Property type
    Industrial properties
    Property subtype
    Loft space
    APN
    0410-021-45-0000
    APU
    410021450000

    Description

    This exceptional investment opportunity presents a six-building, multi-tenant industrial condo complex situated on an expansive 11-acre lot in San Bernardino County. The property, identified by APN 0410-021-45-0000, boasts a total of 102,120 square feet of space, divided into 48 individual suites. Constructed in 1986, the complex features single-story concrete tilt-up construction, reflecting durable and low-maintenance design. Each unit offers a versatile layout, combining warehouse space with a small office and restroom, averaging approximately 3,200 square feet. Units E4 and E5 offer the possibility of combination, creating a larger 6,400 square foot space. The property is zoned for industrial loft building use, providing flexibility for a variety of businesses. Current leasing rates are $1.25 per square foot per month, plus $0.10 per square foot in NNN fees. Long-term leases (3-5 years) are preferred. Available units will become available as existing tenants vacate. This property represents a strong value proposition for investors seeking a well-maintained, multi-tenant industrial complex in a desirable location. Please note that disturbing existing tenants is not permitted.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $10,410,000
      ML approach
      $11,840,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $13,785,000
      6.5%
      $12,725,000
      7%
      $11,815,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $7,856,000
      Market price range: $3.46M - $10.4M
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $16,725,000
      Current use

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


    Location Insight

    • Map
    • Local Demand
    City
    Hesperia
    County
    San Bernardino
    State
    California
    Longitude
    -117.287
    Latitude
    34.4418
    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
    2024
    $102,856
    $664,765
    $8,867,112
    $9,531,877
    -
    $0.00
    $0.00
    $0.00
    More about this property
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