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I
Hesperia, CA 92345
Asking Price
$610K
Asset Type
Land
Class
Class B
What's Special
±5ac Zoned Commercial Industrial Business Park (CIBP) - Approved Entitlement <ul><li>±5ac Zoned Commercial Industrial Business Park (CIBP)</li><li>Approved Entitlement, SPR24-00018, valid through Sep 9, 2028</li><li>Allows for construction of ±13,000sqft building as per approved site plan and building elevations</li><li>Dynamic corner location on well-traveled I Avenue at intersection of Hercules Street</li><li>The City of Hesperia is in the midst of a huge growth cycle</li><li>Thousands of new homes coming out of ground just three-miles south at Silverwood</li><li
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NOI
$80,000
Cap Rate
13.11%
DSCR
2.21
Strong
Cash-on-Cash
23.93%
Monthly Payment
$3,017.947
Annual Cash Flow
$43,784.634
