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    Property profile & analytics
    OFF-MARKET Estimated value $10,100,000
    Industrial properties

    17229 Lemon St, Hesperia, CA 92345-8327

    102,120 SF 11 ac lot Built 1986
    Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US10-0953798
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL LOFT BUILDING
    Year built 1986
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 102,120 SF
    Lot 11 ac (479,160 SF)
    APN 0410-021-45-0000
    UPID US10-0953798
    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
    • 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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $11.84M
    CAP Approach CAP
    $12.73M
    Comparable Approach Comparable
    $7.86M
    Blend (final) Blend
    $10.10M
    Owner & transaction history
    Gofowlersub LLC · 5 yrs held
    Gofowlersub LLC
    since 2021
    Last sale
    $8.9M
    7 recorded transactions
    2021
    2019
    $8.9M
    2018
    $8.0M
    2008
    2005
    1996
    1995
    $47,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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