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L St Barstow, CA 92311

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±46.85 Acres, Mixed-Use Development

Description

Added:
Dec 11, 2024
Days on Market:
362
This exceptional ±46.85-acre commercial land parcel in Barstow, CA, presents a prime development opportunity. Located within the approved Spanish Trail Specific Plan, this site offers ±112.4 acres or ±801,000 square feet for mixed-use development. Phase 1, encompassing ±46.85 net acres, is immediately available for purchase and development. This includes a ±13.07-acre parcel across from a Home Depot, adjacent to stubbed utilities, and a separate ±6.48-acre parcel in the same prime location. Additionally, a ±27.30-acre parcel (less a pending gas station) within the Opportunity Zone is also part of Phase 1 and available separately. The property boasts excellent visibility and accessibility, directly off I-15 and historic Route 66, with an existing Home Depot (13.95 acres, 123,706 sq ft building) generating approximately $24 million in annual gross sales. The Specific Plan allows for a wide range of uses, including hospitality, retail, hotels, light industrial, fueling stations, multifamily, and self-storage. High traffic counts (88,000 VPD on I-15 at L Street, source: Caltrans 2020) and a large underserved market (67,000+ residents within a 35-minute radius, including Fort Irwin and Marine Corps personnel) make this a compelling investment. Over ±27.30 acres benefit from Opportunity Zone designation, offering potential tax advantages (deferral, reduction, and zero capital gains on new gains for a period of time, though California capital gains taxes still apply). The project area is bordered by Interstate 15, the Burlington Northern Santa Fe rail classification yard, K Street, and N Street. This is a rare chance to acquire a significant land holding in a high-growth area. The property is zoned Specific Plan.

Property Features for 0 L St

General Information

Property type
Land
Lot Size
2,040,786 SF

HighLights

  • 13.95± acre site anchored by a 123,706± SF Home Depot, offering excellent I‑15 Freeway and Route 66 visibility and accessibility; $24 million± in annual gross sales.
  • City‑approved EIR and Specific Plan allows for diverse uses including hospitality, retail, hotels, light industrial, fueling stations, multifamily, and self‑storage.
  • High traffic counts: 88,000± VPD on I‑15 at L Street (Caltrans 2020).
  • Underserved retail and hospitality market with 67,000± residents and proximity to Fort Irwin and Marine Corps Logistics Base.
  • Opportunity Zone designation on over 27.30± acres offering capital gains deferral (until 12/31/2026), potential 15% capital gains reduction after 7 years, and zero capital gains on new gains for 10 years (note: California capital gains taxes still apply).
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Barstow
County
San Bernardino
State
California
Longitude
-117.056281
Latitude
34.8774368

FAQs

What type of property is this?
Land - ±46.85 Acres, Mixed-Use Development
Where is this land located?
The property is located at L St Barstow, CA.
What are key features of this property?
This property features: 13.95± acre site anchored by a 123,706± SF Home Depot, offering excellent I-15 Freeway and Route 66 visibility and accessibility; $24 million± in annual gross sales.; City-approved EIR and Specific Plan allows for diverse uses including hospitality, retail, hotels, light industrial, fueling stations, multifamily, and self-storage.; High traffic counts: 88,000± VPD on I-15 at L Street (Caltrans 2020).
More about this property
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