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    Seneca Rd Victorville, CA 92392

    Sponsored
    For Sale
    $1,295,000

    4.5 Acres Victorville Multifamily Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.5-acre commercial land parcel, located on Seneca Rd in Victorville, CA (APN: 0396-013-13), presents a remarkable investment opportunity. Zoned Civic Commons under the Civic Center Specific Plan, this property allows for the development of up to 30 dwelling units per acre, offering significant potential for multifamily construction. Its prime location provides convenient access to major transportation arteries, including Interstate 15 and Highway 18, ensuring easy commutes for future residents. The site boasts readily available utilities, including water, sewer, and power, streamlining the development process. Furthermore, the property benefits from its proximity to a wealth of local amenities, such as Stater Bros Market, Costco, Cardenas Markets, O'Reilly Auto Parts, Holiday Skating Center, Del Taco, Tom's Restaurant, and Legends Barbell, enhancing the desirability of the future development. The asking price is $1,295,000. All information should be independently verified by the buyer.

    Property Features for 0 Seneca Rd

    General Information

    Property type
    Land
    Lot Size
    196,020 SF

    HighLights

    • Excellent access to major roadways.
    • Utilities readily available on‑site.
    • Plentiful nearby amenities.
    • Strong local residential demand.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Victorville
    County
    San Bernardino
    State
    California
    Longitude
    -117.3864407
    Latitude
    34.5140266

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    FAQs

    What type of property is this?
    Land - 4.5 Acres Victorville Multifamily Land
    Where is this land located?
    The property is located at Seneca Rd Victorville, CA.
    What is the asking price?
    The asking price for this property is $1,295,000.
    What are key features of this property?
    This property features: Excellent access to major roadways.; Utilities readily available on-site.; Plentiful nearby amenities.
    (760) 559-6807
    Request Owner's contact information
    Seneca Rd Victorville, CA 92392
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    Realmo Value Estimation

    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.

    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.

    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
    Seneca Rd Victorville, CA 92392
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