Hesperia, CA
Commercial Real Estate Market Trends & Data

$356 per SF Avg asking sale price
$19 per SF Avg asking lease rate
83,612 SF Avg unit lease size
38,313 SF Avg building size for sale
6.47% Average cap rate

Hesperia's Demographic Profile

Hesperia has 29,558 households and a median income of $65,637, providing context for rent absorption and tenant demand across retail and multifamily assets. A +2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 101,214
# Households 29,558
Median age 34
Median household income $65,637
Avg household size 3.0
Renter-occupied housing units 10,154
5-year population change +2%

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↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Hesperia $475 11,580 SF 7.93%
Victorville $394 15,778 SF 10.48%
San Bernardino $218 9,649 SF 8.71%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Hesperia $257 207,994 SF 5.50%
Oak Hills $186 207,994 SF 5.50%
Victorville $158 299,503 SF 10.48%
San Bernardino $329 22,077 SF 7.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Hesperia $391 15,456 SF
Crestline $591 2,690 SF
Victorville $436 8,767 SF
Phelan $1,466 2,233 SF
Lake Arrowhead $591 2,690 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Victorville $201 8,090 SF 6.27%
San Bernardino $255 11,908 SF 7.99%
Rialto $229 44,609 SF 7.13%

Commercial Properties For Sale in Hesperia

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

0 E Ave

Hesperia, CA 92345

  • 8 AC Lot
  • 1 Industrial Lot
  • $3,000,000
For Sale

Red Lobster | 15yrs Corp Abs NNN | Annual Inc

Victorville, CA 92392

  • 8,360 SF Retail Building
  • 6.35% Cap Rate
  • $5,881,000
For Sale

Escondido Plaza Shops

Hesperia, CA 92345

  • 7,000 SF Retail Building
  • 5.75% Cap Rate
  • $4,683,000
For Sale

±19.19 acres vacant land

Hesperia, CA 92345

  • 19.19 AC Lot
  • 1 Residential Income Lot
  • $2,400,000
For Sale

Harbor Freight Tools

Victorville, CA 92395

  • 17,461 SF Retail Building
  • 5.65% Cap Rate
  • $4,131,300
For Sale

13755 Verde St, Hesperia, CA 92345-7729

Hesperia, CA 92345

  • 1,696 SF Multifamily
  • $475,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Hesperia pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Hesperia $356 38,313 SF
Oak Hills $127 197,644 SF
Crestline $595 29,467 SF
Victorville $339 44,388 SF

Regional Demographic Comparison

This comparison places Hesperia alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Hesperia or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Hesperia 101,214 29,558 34 $65,637 3 10,154 2%
Oak Hills 9,822 2,928 39 $90,081 3 434 2%
Crestline 8,457 3,574 44 $70,912 2 950 -9%
Victorville 139,821 39,756 32 $65,490 3 16,803 3%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Hesperia, CA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Hesperia

View All Commercial Real Estate For Sale in Hesperia
Is Hesperia a good market for a first-time commercial real estate investor?

Hesperia offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Hesperia?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Hesperia. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Hesperia?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Hesperia. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Hesperia compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Hesperia. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Hesperia acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Hesperia, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

Nearby Market Trends