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Property profile & analytics
OFF-MARKET
Estimated value
$1,610,000
Industrial properties
17525 Alder St Hesperia, CA 92345-5004
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-1450515
Property summary
AI-generated overview
This multi-tenant industrial building, located in Hesperia's bustling industrial district, offers 52,656 square feet of manufacturing space. Seven individual units are available, ranging from a minimum of 960 square feet to a maximum contiguous space of 1,416 square feet. Currently, 7,680 square feet are vacant. The building, constructed in 1989, features desirable 14-foot ceiling heights and 200-amp power service. Each unit includes a 12' x 14' roll-up door, providing convenient access for loading and unloading. The property boasts a central location between Main Street and Bear Valley Road, offering excellent accessibility and visibility. The property is identified by APN 0415-271-03-0000 and is situated near I Ave. Highly competitive lease rates are available, making this an exceptional opportunity for businesses seeking efficient and well-located manufacturing space in the High Desert submarket. The building's strategic location and attractive features make it an ideal choice for a variety of manufacturing operations. Contact us today to learn more about the available units and lease terms.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Year built
1984
Construction
TILT-UP CONCRETE
Total area
15,692 SF
Lot
2.6 ac (113,256 SF)
APN
0415-271-03-0000
UPID
US10-1450515
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
-
Luxury Stone Kitchen & Bath Showroom Hardware & Home Improvement
-
Bob's Vintage Chevy Auto Repair Shop Vehicle Inspection Center
-
Ray's Automotive Repair Auto Repair Shop
-
Top Stitch Upholstery Furniture & Home Goods
-
Vintage V-Dubs Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.96M
Comparable Approach
Comparable
$1.14M
Blend (final)
Blend
$1.61M
Owner & transaction history
Alder Investors LLC · 8 yrs held
Alder Investors LLC
since 2017
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,120,000
6.5%
$1,955,000
7%
$1,815,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,570,000
Current use
Blend value · Realmo final
$1.61M
Range $1.45M – $1.77M · ±10%
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
$103 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$15,016
Tax year 2024
Assessed value
$1,380,492
Assessed 2024
Previous assessed
$1,380,492
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$156,604
Assessed improvement
$1,223,888
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
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Status
Off-Market
Year built
1984
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
4
Stories
1
Units
10
Total area
15,692 SF
Lot
2.6 ac (113,256 SF)
APN
0415-271-03-0000
UPID
US10-1450515
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
INDUSTRIAL (GENERAL) Current
Est. value
$2.6M
INDUSTRIAL (GENERAL) Current
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
1984
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
4
Units
10
Lot
2.6 ac
Current owner
From public records · entity-resolved
Alder Investors LLC
Entity
Mailing address
3535 INLAND EMPIRE BLVD, ONTARIO, CA 91764-4908
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2020
—
Alder Investors LLC
—
Deed
related
$1,400,000 · Citizens Business Bank
Dec 27, 2017
—
Alder Investors LLC
Harrison Stephen & C Trust
Grant Deed
—
Dec 8, 2017
—
Ostlund Family Living Trust
Ostlund,scott
Quit Claim Deed
related
—
Mar 31, 2017
$234,000
Launchbaugh Family Trust
Harrison S Family Trust
Grant Deed
—
Mar 31, 2017
—
Launchbaugh Family Trust
Launchbaugh,todd & Laura
Quit Claim Deed
related
—
Jul 8, 2003
—
Harrison,tr
Harrison,steve W & Carla R
Quit Claim Deed
related
—
Mar 4, 2002
—
Scott Ostlund
Ostlund,scott Etal
Quit Claim Deed
related
—
Feb 6, 1998
$765,000
Harrison,steve W & Carla R
Prestige Properties LLC
Trustees Deed
$573,750 · Sun Country Bank
Apr 4, 1996
—
Jt Williams INC
Fbp Asset Six LP
Grant Deed
$300,000 · Desert Community Bank
Jun 12, 1995
$580,000
Fbp Asset Six LP
Stevenson,robert W & Stefanie P
Trustees Deed
related
—
May 3, 1989
—
James F Brewer
Brewer Sueste M
Quit Claim Deed
related
$1,100,000 · Fidelity Federal Bank
—
—
Fbp Asset Six LP
—
Deed Of Trust
related
$222,776 · Salomon Brothers Realty Corp
—
—
Harrison Stephen & C Trust
—
Deed Of Trust
related
$423,343 · Citizens Business Bank
—
—
Linda Yorba
—
Deed Of Trust
related
$550,000 · Citizens Business Bank
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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