Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Lot in Established Neighborhood Title is generated by Realmo AI

    16299 Pepper tree Drive, Victorville, CA 92395

    View on Map
    Claim this Listing
    For Sale
    $55,000

    Land/Lot - Victorville, CA

    Lot size:
    9,623.00 Acres
    Added:
    Apr 18, 2026
    Days on Market:
    50
    Last Refresh:
    Jun 6 at 11:06 pm

    Property Features for 16299 Pepper tree Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R1
    Exterior features
    Community Features Included: Biking
    Standard status
    Active
    APN
    0478361120000
    Lot size
    9,623.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Danielle Ledeker

    Listing agent Danielle Ledeker License #02159284

    Listing office KELLER WILLIAMS REALTY 1473 Ford Street Ste 200, Redlands, CA

    Listing date Apr 18, 2026

    MLS# IG26083848 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.

    HighLights

    • Water already on site for ease of building.
    • Convenient access to the 215 freeway for commuters.
    • Vacant lot ready for custom home construction.
    • Located in an established neighborhood with existing homes and new construction.
    • Affordable price point for land ownership.
    • Community features include biking.

    Overview

    This residential vacant lot is situated in an established neighborhood with existing homes and new construction in proximity. The property has water already on site. It is located on Pepper tree Dr, providing access to the 215 freeway. The lot is approximately 0.22 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Victorville
    County
    San Bernardino
    State
    California
    Longitude
    -117.3084657
    Latitude
    34.5411896

    Nearby Similar for Sale

    • $950,000
      5,230 SF

      Victorville Industrial Asset For Sale

      Well-located industrial asset in Victorville with flexible space.
      15328 Bonanza, Victorville, CA 92392
      View Details
    • $1,200,000
      2,456 SF

      Profitable Restaurant on Prime Lot

      Operating restaurant on a 1.07-acre lot in a thriving corridor.
      14096 Green Tree Boulevard, Victorville, CA 92395
      View Details
    • $140,000
      1,600 SF

      Established Salon Business Opportunity

      Turnkey hair salon in a prime Victorville retail center.
      12044 Dunia Road, Victorville, CA 92392
      View Details
    • $5,199,000
      7,500 SF

      Retail Investment Opportunity in Victorville

      Four-unit retail property with national tenants in Victorville, CA.
      17080 Bear Valley Road, Victorville, CA 92395
      View Details
    • $275,000

      Turnkey Mobile Detailing Business Opportunity

      Established mobile auto detailing business with storefront presence for sale.
      12284 Industrial Blvd, Victorville, CA 92395
      View Details
    • $750,000

      Victorville Commercial Land Opportunity

      Vacant land with highway access, zoned for commercial use.
      11 Palmdale, Victorville, CA 92395
      View Details
    • $700,000
      5,376 SF

      Remodeled Commercial Building in Victorville

      Remodeled commercial building with stable income and upgraded systems.
      16424 Victor, Victorville, CA 92395
      View Details
    • $690,000
      1,400 SF

      Remodeled Retail Space on Large Lot

      Remodeled 1,400 SF retail building on 1.14 acre lot.
      15224 Bonanza Drive, Victorville, CA 92392
      View Details
    • $850,000

      Victorville Land Zoned C-2

      4.65 acres of commercial land in Victorville, CA.
      0 Bear Valley Road, Victorville, CA 92392
      View Details
    • $485,000
      1,081 SF

      Retail Property on Hesperia Road

      Retail space with frontage on Hesperia Road in Victorville.
      14258 HESPERIA Road, Victorville, CA 82695
      View Details
    • $145,000

      Highway Frontage Commercial Land

      Strategically located commercial land with highway frontage and utilities.
      0 Palmdale Road, Victorville, CA 92392
      View Details
    • $99,990

      Victorville Land Near Freeway

      2.5 acre lot near freeway and proposed hospital.
      13290 Smoketree Street, Victorville, CA 92392
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential vacant lot with water on site in Victorville.
    Where is this residential land & home lot located?
    The property is located at 16299 Pepper tree Drive Victorville, CA.
    What is the asking price?
    The asking price for this property is $55,000.
    What are key features of this property?
    This property features: Water already on site for ease of building.; Convenient access to the 215 freeway for commuters.; Vacant lot ready for custom home construction.
    (951) 961-7044
    We can help!
    Listing Contact
    Danielle Ledeker
    Real Estate License ID: 02159284
    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

    Thank You for Inquiry
    16299 Pepper tree Drive, Victorville, CA 92395
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!