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

    Lessing Ave Adelanto, CA 92301

    View on Map
    Picture of Land at Lessing Ave, Adelanto, CA
    For Sale
    $7,899,999

    LAND - Adelanto, CA

    Lot size:
    9.39 Acres
    Added:
    Aug 15, 2025
    Days on Market:
    238
    Last Refresh:
    Apr 9 at 10:06 am

    Property Features for Lessing Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    3210-261-06-0000
    Lot size
    9.39 Acres

    We can help!

    Listing Contact
    Rachel Heu
    Rachel Heu

    Listing agent Rachel Heu License #02153294

    Listing office Rodeo Realty 12345-A Ventura Bl, Beverly Hills, CA

    Listing date Aug 15, 2025

    MLS# 25579453

    Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Adelanto Land with Open Space Zoning

    This 9.39-acre parcel in Adelanto, CA, presents a unique opportunity due to its newly rezoned 'Open Space' designation. According to the City of Adelanto General Plan and Zoning Map, this area, formerly zoned residential/industrial, is now intended to serve as the foundation for Adelanto's new city development. The 'Open Space' zoning allows for various potential uses, including solar farms, cell towers, parks, walking trails, plazas, and schools. The location is expected to become a central hub as the Bright Line project extends through Adelanto. Furthermore, the Bullet Train project, with an estimated completion date of 2027, is planned to run from Downtown LA through San Bernardino County, reaching Nevada and Arizona. Seller financing options are available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Alt. Energy / Solar ...

    Map

    City
    Adelanto
    County
    San Bernardino
    State
    California
    Longitude
    -117.539
    Latitude
    34.6701

    Nearby Similar for Sale

    • $725,000
      3,576 SF

      Turnkey Adelanto Multifamily Investment Property

      Well-maintained 4-unit property generating $5,560 monthly gross income.
      18117 Poinciana, Adelanto, CA 92301
      View Details
    • $599,000

      Adelanto Land Near Logistics Airport

      19.62 acres near Southern California Logistics Airport.
      0 Bellflower Street, Adelanto, CA 92301
      View Details
    • $20,000

      Adelanto Land in Airport District

      Land parcel near logistics hub with development potential.
      0 Chapparal Avenue, Adelanto, CA 92301
      View Details
    • $740,000

      Adelanto Land For Sale

      8.84 acres of commercial land available in Adelanto, CA.
      5 Palmdale, Adelanto, CA 92301
      View Details
    • $79,000

      Adelanto Land Investment Opportunity

      Two lots in Adelanto, poised for future growth.
      0 Bartlett Avenue, Adelanto, CA 92301
      View Details
    • $429,000
      1,653 SF

      Detached Triplex with Expansion Potential

      Three detached homes on one lot with expansion possibilities.
      11986 White Avenue, Adelanto, CA 92301
      View Details
    • $350,000

      20 Acres of Land in Adelanto

      20 acre commercial land lot for sale in Adelanto, CA.
      9 Bellflower Street, Adelanto, CA 92301
      View Details
    • $85,000

      Adelanto Land Near Logistics Airport

      One-acre lot near Southern California Logistics Airport.
      0 Adelanto Road, Adelanto, CA 92301
      View Details
    • $695,000
      3,312 SF

      Adelanto Fourplex: Investment Opportunity

      Well-maintained fourplex in Adelanto, CA, fully leased and fenced.
      18130 Casaba Road, Adelanto, CA 92301
      View Details
    • $30,000

      Spacious Adelanto Land Parcel

      7-acre lot in Adelanto, offering development potential.
      1 Vancouver Avenue, Adelanto, CA 92301
      View Details
    • $550,000

      Adelanto Land with Development Potential

      Vacant land in Adelanto, great for development or custom home.
      0 Vinton, Adelanto, CA 92301
      View Details
    • $2,600,000
      35,880 SF

      Adelanto Commercial Building For Sale

      Under construction commercial building suitable for cannabis grow operation.
      9541 Commerce Way, Adelanto, CA 92301
      View Details

    FAQs

    What type of property is this?
    Land - 9.39 acres of land in Adelanto with open space zoning.
    Where is this land located?
    The property is located at Lessing Ave Adelanto, CA.
    What is the asking price?
    The asking price for this property is $7,899,999.
    What are key features of this property?
    This property features: Seller financing available.; Newly rezoned 'Open Space' area, highly sought after in Adelanto, CA.; Ideal for various uses: **Solar Farms, Cell Towers, Parks, Walking trails, Plazas, Schools.**
    (310) 403-0561
    We can help!
    Listing Contact
    Rachel Heu
    Rachel Heu
    Real Estate License ID: 02153294
    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!