Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Apple Valley Land For Sale Title is generated by Realmo AI

    20 Luna Mountain Road, Apple Valley, CA 92308

    View on Map
    Claim this Listing
    For Sale
    $35,000

    Land/Lot - Apple Valley, CA

    Lot size:
    103,673.00 Acres
    Added:
    Aug 1, 2023
    Days on Market:
    1038
    Last Refresh:
    Jun 3 at 8:06 pm

    Property Features for 20 Luna Mountain Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    RL
    Exterior features
    Community Features Included: Rural
    Standard status
    Active
    APN
    0435641200000
    Lot size
    103,673.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Leslie Anselm

    Listing agent Leslie Anselm License #01275692

    Listing office Realty ONE Group Empire 13261 Spring Valley Pkwy #101, Oak Hills, CA

    Listing date Aug 1, 2023

    MLS# HD23141283 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

    • Located in the Milpas highlands
    • Many new homes in the surrounding area
    • Rural community features
    • Quiet and peaceful nights
    • Not far from paved roads
    • Great place to build

    Overview

    This 2.38-acre property is located in the Milpas highlands of Apple Valley, California. The area features new homes and offers clear blue skies and quiet, peaceful nights. The property is located not far from paved roads, making it a suitable place to build a dream home. The zoning is RL.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Apple Valley
    County
    San Bernardino
    State
    California
    Longitude
    -117.078444
    Latitude
    34.414539

    Nearby Similar for Sale

    • $1,250,000
      9,920 SF

      Multi-Tenant Commercial Investment Opportunity

      Multi-tenant property on Highway 18 in Apple Valley, CA.
      22749 US Highway 18, Apple Valley, CA 92307
      View Details
    • $999,000
      3,808 SF

      Apple Valley Fourplex Investment Opportunity

      Fully rented four-unit property on approximately half an acre.
      16228 Wato Road, Apple Valley, CA 92307
      View Details
    • $299,000

      Established Restaurant Business Opportunity

      Iconic restaurant with 35-year track record on Highway 18.
      21919 US Highway 18, Apple Valley, CA 92307
      View Details
    • $695,000
      3,753 SF

      Apple Valley Income-Producing Quadplex

      Well-maintained four-unit property on a spacious lot.
      15400 Kiamichi Road, Apple Valley, CA 92307
      View Details
    • $748,000

      Apple Valley Commercial Land Opportunity

      6 AC commercial lot with frontage on Waalew Road.
      0 Waalew Road, Apple Valley, CA 92307
      View Details
    • $650,000
      5,130 SF

      Apple Valley Retail Building For Sale

      Commercial retail building in Apple Valley's Historic Village area.
      21878 US Hwy 18, Apple Valley, CA 92307
      View Details
    • $835,000
      3,368 SF

      Apple Valley Quadruplex For Sale

      Apple Valley quadruplex with 3368 square feet of living space.
      21739 Panoche Road, Apple Valley, CA 92308
      View Details
    • $549,900
      2,262 SF

      Apple Valley Triplex Investment Opportunity

      Well-maintained triplex in a rapidly growing area with income potential.
      13269 Mohawk, Apple Valley, CA 92308
      View Details
    • $3,250,000
      38,215 SF

      Unique Apple Valley Event Venue

      Versatile commercial property with event center and retail space.
      22092 US Highway 18, Apple Valley, CA 92307
      View Details
    • $6,500,000
      52,000 SF

      Apple Valley Commercial Development Opportunity

      Value-add commercial project in a rapidly developing area.
      22311 Bear Valley, Apple Valley, CA 92308
      View Details
    • $569,000
      2,615 SF

      Apple Valley Triplex Investment Opportunity

      Triplex with ADU potential in a high-demand rental market.
      13073 Mohawk, Apple Valley, CA 92308
      View Details
    • $650,000
      3,372 SF

      Apple Valley Triplex Investment Opportunity

      Well-maintained triplex in a prime Apple Valley location.
      20958 Nisqually Road, Apple Valley, CA 92308
      View Details

    FAQs

    What type of property is this?
    Land - Land in the Milpas highlands, great for building a home.
    Where is this land located?
    The property is located at 20 Luna Mountain Road Apple Valley, CA.
    What is the asking price?
    The asking price for this property is $35,000.
    What are key features of this property?
    This property features: Located in the Milpas highlands; Many new homes in the surrounding area; Rural community features
    (760) 403-6439
    We can help!
    Listing Contact
    Leslie Anselm
    Real Estate License ID: 01275692
    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
    20 Luna Mountain Road, Apple Valley, CA 92308
    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!