Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    15321 Walton Road Oro Grande, CA 92368

    View on Map
    For Sale
    $549,000

    Land/Lot - Oro Grande, CA

    Lot size:
    884,704.00 Acres
    Added:
    Oct 7, 2025
    Days on Market:
    177
    Last Refresh:
    Apr 1 at 4:06 pm

    Property Features for 15321 Walton Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Mixed-use
    Exterior features
    Community Features Included: Rural
    Standard status
    Active
    APN
    0469211190000
    Lot size
    884,704.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Deanna Vela
    Deanna Vela

    Listing agent Deanna Vela

    Listing office REALTY ONE GROUP EMPIRE 12765 Main Street #640, Oak Hills, CA

    Listing date Oct 7, 2025

    MLS# CV25234708 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    20-Acre Heavy Industrial Land

    This 20.319-acre heavy industrial property is located in Oro Grande, California, offering opportunities for developers, investors, or visionaries to create residential, commercial, or agricultural projects. Situated between Victorville and Helendale, the property provides access to Route 66 and National Trails Highway. The flat, usable terrain facilitates straightforward development. The surrounding area shows signs of growth and revitalization. This property offers size, flexibility, and potential in the High Desert.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Oro Grande
    County
    San Bernardino
    State
    California
    Longitude
    -117.329511
    Latitude
    34.592512

    Nearby Similar for Sale

    • $35,000

      Buildable Corner Lot in Oro Grande

      Flat 2.45-acre corner lot with highway access and desert views.
      0 National Trails Hwy 0469-261-04, Oro Grande, CA 92368
      View Details
    • $650,000

      Oro Grande Land For Sale

      15 acres near freeway frontage in fast growing area.
      0 Hwy 15, Oro Grande, CA 92368
      View Details
    • $410,000
      2,025 SF

      Oro Grande Duplex Investment

      Well-maintained duplex near Route 66, ideal for rental income.
      15025 Hill, Oro Grande, CA 92368
      View Details
    • $23,000

      5 Acres in Oro Grande

      Land with mountain views, utilities nearby, zoned for rural living.
      0 Costalada Rd, Oro Grande, CA 92368
      View Details
    • $70,000

      Land/Lot in Oro Grande

      Five-acre land with flat portions and potential for seclusion.
      15411 RATTLESNAKE GULCH, Oro Grande, CA 92368
      View Details
    • $34,900

      Residential Land in Oro Grande

      5-acre residential land for sale in Oro Grande, California.
      18 Oleander Street, Oro Grande, CA 92368
      View Details
    • $25,000

      5-Acre Lot Near Route 66

      Level 5-acre lot near Route 66 in Oro Grande, CA.
      0 Bryman Road, Outside Area (Inside Ca), CA 92368
      View Details
    • $25,000

      5-Acre Corner Lot in Oro Grande

      Expansive 5-acre corner lot in Oro Grande, California.
      0 Oleander VL, Oro Grande, CA 92368
      View Details
    • $19,999

      Vacant Land in Oro Grande

      3.13 Acres of vacant land near Barstow, CA.
      0 Bonanza Trail, Oro Grande, CA 92368
      View Details
    • $190,000

      Expansive Land Parcel in Oro Grande

      49 acres in Oro Grande, CA, ideal for investment.
      0 Bryman Lot 05 Road, Oro Grande, CA 92368
      View Details
    • $174,400

      40 Acres in Oro Grande

      Land with potential near future train station and Dale Evans Parkway.
      1 Boulder Road, Oro Grande, CA 92368
      View Details
    • $50,000

      Oro Grande Land on Route 66

      Vacant land parcel located on Historical Route 66.
      0 National Trails Highway, Oro Grande, CA 92368
      View Details

    FAQs

    What type of property is this?
    Industrial land - 20.319 acres of heavy industrial land in Oro Grande, CA.
    Where is this industrial land located?
    The property is located at 15321 Walton Road Oro Grande, CA.
    What is the asking price?
    The asking price for this property is $549,000.
    What are key features of this property?
    This property features: 20.319 ACRE HEAVY INDUSTRIAL property; Located in the growing community of Oro Grande, California; Rare investment opportunity for residential, commercial, or agricultural projects
    (760) 669-6445
    We can help!
    Listing Contact
    Deanna Vela
    Deanna Vela
    Real Estate License ID: 02080652
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!