Entitled ±1.55 AC Medium-Density Multifamily Site
$350,000
±1.55 Acres Hesperia Rd and Hercules St, Hesperia, CA 92345
1.55 acres
Lot Area
Details:
Highlights:
- ±1.55 acres at the southwest corner of Hesperia Rd & Hercules St (unsignalized)
- Entitled with approved plans for 14 townhome-style units (±1,075 SF; 2 bed / 2 bath; 2-car garage; laundry hook-ups)
- Flexibility to evaluate alternate site plans or unit mixes (subject to approvals)
- On-site cellular tower included; existing lease income retained by seller
- Permits valid through January 2026
Description:
Positioned at the southwest corner of Hesperia Road & Hercules Street, this ±1.55-acre parcel presents a versatile development opportunity in the City of Hesperia. This is a fully entitled project with construction documents in place, offering approved plans for 14 townhome-style units—each approximately ±1,075 SF (2 bed / 2 bath) with in-unit laundry hookups and attached 2-car garages—providing a clear, near-term path to construction for a buyer seeking speed to market.
The site’s medium-density profile and corner exposure also support the exploration of alternative development concepts (subject to City review and approvals), making it a compelling option for builders seeking flexibility in design and use.
Importantly, the property is located within a federally designated Opportunity Zone, offering potential tax advantages for qualified development and investment strategies. Buyers are encouraged to consult with a qualified professional to understand and leverage these benefits.
A cellular tower is located on the property and included in the sale; however, the seller will retain the cash flow from the existing lease. The current lease runs through August 2042, and any future leasing and negotiations shall be the buyer’s responsibility to negotiate and collect. Buyer to independently verify all aspects of the property and cell tower lease prior to close of escrow.
Timing & Permits: Current building permits and entitlements are valid through January 2026.
Situated at the southwest corner of Hesperia Road and Hercules Street (unsignalized), the site sits along one of Hesperia’s primary north–south corridors with quick connections to Bear Valley Road and Main Street for seamless access to I-15. The surrounding area is a mix of established residential neighborhoods and service-oriented commercial uses, providing convenient proximity to shopping, schools, and everyday amenities. Its corner exposure supports excellent visibility and straightforward ingress/egress for future residents, while the central High Desert location offers efficient regional reach to Victorville, Apple Valley, and the broader Inland Empire.
Documents:
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| Sale_Brochure__New_.pdf |
Location
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