11129 G AveHesperia, CA 92345

  • Warehouses
  • 17,100 SF
For Sale
$1,875,000 View listing

Property Details for 11129 G Ave

Year built
1980
Construction
STEEL FRAME
Lot size
1.31 AC
Property size (Sq ft)
17,100 SF
Property type
Warehouses
Property subtype
Self storage facilities
APN
0415-231-10-0000
APU
415231100000

Description

This exceptional 17,100-square-foot industrial property in Hesperia, CA, presents a compelling investment opportunity. The single-story, 1980-built building comprises seven individual units, currently fully occupied with a mix of auto and light manufacturing tenants. Most tenants are on month-to-month leases, offering immediate potential for rental increases to reflect current market values. Situated on approximately 1.31 acres, the property benefits from its prime location within Hesperia's thriving industrial hub, conveniently positioned between major arterial roads. The high demand for industrial space in this rapidly growing area, coupled with low vacancy rates, ensures strong rental income potential. Pre-existing plans for solar panel installation are available, offering further cost-saving opportunities. Hesperia's attractive combination of affordable housing, desirable climate, and stunning natural surroundings fuels its robust growth trajectory, making this a strategically sound investment in a high-growth market. The seller is open to financing options with acceptable terms. Buyer to verify all information. This property is an ideal addition to any investor's portfolio. The property is located at 11129 G Avenue, Hesperia, CA 92345, in San Bernardino County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,565,518
    Hospitality
    $4,181,990
    Educational
    $3,479,366
    Medical
    $3,599,027
    Retail
    $5,412,348

Location Insight

City
Hesperia
County
San Bernardino
State
California
Latitude
34.4538
Longitude
-117.279
CBSA code
40140
CBSA name
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$18,739
$295,800
$1,417,800
$1,713,600
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