Property profile

17320 Eucalyptus St Hesperia, CA 92345

OFF-MARKET
Flex space
Property ID
US10-0542593
23,800 SF 1.75 ac lot Built 1987
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a stabilized, 100% occupied industrial portfolio located at 17320 Eucalyptus Street, Hesperia, CA 92345. The property consists of three single-story buildings totaling 23,800 square feet on a 1.75-acre lot. Built in 1987, the property features 16 individual units, ideal for diverse industrial tenants. Currently generating a strong NOI of $174,877, this Class C property boasts a compelling 6.25% cap rate and an asking price of $2,800,000 ($117.65/sq ft). The property is zoned I2 General Manufacturing, offering flexibility for various uses. Annual rent bumps are tied to the CPI, not to exceed 5%. Strategically located, the property enjoys convenient access to major transportation arteries, including Interstate 15 (15 minutes) and Interstate 40 (45 minutes), placing it within two hours of the LA/Long Beach Ports and LAX, and three hours from Las Vegas. Ample surface parking is available. The property's strong occupancy, favorable location, and attractive cap rate make it an ideal addition to any investor's portfolio. Parcel number is 0415241040000. The property is served by 220-volt electricity.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1987
Construction STEEL FRAME
Total area 23,800 SF
Lot 1.75 ac (76,230 SF)
APN 0415-241-04-0000
UPID US10-0542593

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor Construction Company
  • Factory Industrial Manufacturer
  • Auto Repair Shop
  • Auto Parts Store
  • Auto Repair Shop

Location

17320 Eucalyptus St Hesperia, CA 92345-5196
Hesperia metro Census 10012 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.97M
Comparable Approach Comparable
$2.53M
Blend (final) Blend
$665k

Owner & transaction history

since 2025
Last sale
$2.5M
6 recorded transactions
2025
$2.5M
2016
Price N/A
2011
Price N/A
2011
$480,000
1993
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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