17011 Darwin Ave

• Industrial land / owner-user opportunity
• Approximately 7.13 acres · 310,583 SF of land
• Approximately 2,903 SF of existing improvements
• I2 – General Manufacturing zoning, City of Hesperia
• Asking price of $1,700,000 · approximately $5.47 per SF of land
• Rough grading and perimeter fencing already in place
• Lot line adjustment completed and the property consolidated into a single parcel

This is a 7.13-acre heavy industrial property in Hesperia with approximately 2,903 SF of existing improvements. It is being marketed primarily for its land value and is well suited for an owner-user that needs a large yard for material storage, equipment storage, or other industrial operations.

The I2 Heavy Industrial zoning allows for a broad range of industrial uses, subject to City requirements. The site already includes improvements, rough grading, and perimeter fencing. The current owner has also completed a lot line adjustment combining the property into a single parcel, which simplifies the site for a future owner.

I like this property primarily as an owner-user opportunity with long-term development potential. The existing improvements and large usable yard give a buyer the ability to occupy and use the property today rather than purchasing completely vacant land.

The completed lot line adjustment is also a positive because the parcels have already been consolidated into one parcel.

Longer term, the site could potentially accommodate a larger single-tenant industrial building or a multi-tenant industrial/business park, subject to City approvals. The multi-tenant concept could fit this part of Hesperia particularly well because there are many local businesses that operate from smaller industrial units in the approximately 1,000–5,000 SF range.

7.13 acres of Heavy Industrial land.

I2 Heavy Industrial zoning.

Approximately 2,903 SF of existing improvements.

Large yard area for an owner-user.

Perimeter fencing already in place.

Some rough grading already completed.

Lot line adjustment completed and parcels consolidated into one parcel.

Ability to use the property in its current condition.

Future redevelopment potential.

Potential for a single-tenant industrial building or smaller multi-tenant industrial project.

The asking price of $1,700,000 equates to approximately $5.47 per SF of land, which I consider generally around market pricing for the opportunity.

I would look to negotiate the purchase price closer to approximately $1,300,000–$1,400,000, or approximately $4.18–$4.50 per SF of land.

At that basis, the property becomes more attractive for an owner-user that can utilize the existing site while holding the land for future redevelopment.

The ideal buyer is an owner-user that needs significant outdoor yard or storage area today but also wants to own industrial land with future development potential.

Potential uses could include material storage, equipment storage, contractor operations, industrial service businesses, or other uses permitted under the I2 zoning.