0 Swc Of Ranchero Rd & Escondido RdHesperia, CA 92344

Property Details for 0 Swc Of Ranchero Rd & Escondido Rd

Property type

Land

Description

This exceptional 7.9-acre commercial land parcel presents a unique investment opportunity in Oak Hills, adjacent to Hesperia, CA (zip code 92344). Strategically located at the southwest corner of Ranchero Road and Escondido Road, this property boasts unparalleled access to the I-15 Freeway, a key advantage for attracting significant traffic. Currently zoned for commercial use, the site is relatively flat and features readily available utilities. The absence of Yucca trees simplifies development. A major road widening project on Ranchero Road, scheduled for completion by the end of 2024, will dramatically increase traffic flow, enhancing the property's visibility and accessibility. This improvement will transform a one-lane-in-each-direction road into a five-lane thoroughfare, including two lanes in each direction and a center turning lane. Currently, approximately 15,000 vehicles traverse this intersection daily, a number projected to rise substantially post-construction. The site's location within a high-demand area, characterized by limited commercial competition and a strong demographic profile, presents a compelling case for development. The surrounding area's 36,865 residents enjoy an average household income of $109,738, with significant annual spending on groceries ($73 million, excluding certain categories). The property's proximity to the burgeoning Silverwood Master Planned Community, encompassing 15,633 dwelling units, 700,000 square feet of commercial space, and 5,000 acres of parks and open space, further underscores its long-term growth potential. Mass grading for Silverwood has already commenced. Zoning regulations create significant barriers to entry for competing developments, making this a rare and valuable opportunity. Buyer to verify all information.

Location Insight

City

Hesperia

County

San Bernardino

State

California

Latitude

34.3828

Longitude

-117.373

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