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Financial
Distress signals
Property profile

17229 Lemon St Hesperia, CA 92345

FOR LEASE
Other industrial properties
Property ID
US10-0953798
102,120 SF 11 ac lot Built 1986
Last sale Dec 2019 · $8,890,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Multi-building, multi-tenant industrial condominium complex constructed with concrete tilt-up construction. The property is arranged into individual units that each include a small office, a restroom, and warehouse space, with each unit totaling approximately 3,200 square feet. The complex is positioned in an area characterized by a bike score of 11 and a walk score of 1, indicating that pedestrian activity is limited and access is primarily car-dependent.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$103k
Tax billed · 2024
Assessed value$9.53M
Assessed land$665k
Assessed improvement$8.87M
Effective rate1.08%

Value estimate

· Oct 2026
$10.41M
$9.37M – $11.45M
AI approach$11.84M
CAP approach$12.73M
Submarket $/SF estimate$7.86M
NOI build-up
Gross scheduled income$160k
Vacancy & credit loss−$12k
Operating expenses−$44k
NOI · 10,365,800.00% cap applied$104k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$164/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$93 – $221

Cap rate analysis

How does the asset earn?
10,365,800.00%
$104k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSAN BERNARDINO

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm11.3
Restaurant10.7
Parking Facility10.4

Location

17229 Lemon St Hesperia, CA 92345
County assessor Recorded deeds · 12 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
16700 Walnut, Hesperia, CA 92345 $8,000,000 May 2025 97,236 SF
13522 Main, Hesperia, CA 92345-4677 $10,900,000 May 2025 124,052 SF
16730 Walnut, Hesperia, CA 92345-6237 $8,000,000 May 2025 23,125 SF
18435 Bear Vly, Hesperia, CA 92345-4905 $7,980,000 Jul 2024 59,340 SF
17402 Eucalyptus, Hesperia, CA 92345-5118 $3,400,000 Jun 2024 23,290 SF
9600 Ee, Hesperia, CA 92345-6174 $3,325,000 Dec 2023 37,700 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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