Hesperia agency buys land

The Hesperia Community Redevelopment Agency purchased 53.25 acres on Highway 395 from Hamann Cos. for $3.8 million, or $71,400 per acre, according to CoStar.com.  The property, zoned I-1, is currently an auto racetrack that is mostly dirt road and raw land. Hesperia will be holding the land for future development.  Both sides used in-house representation.