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    5900 Hwy Phelan, CA 92371

    For Sale
    $1,400,000

    Prime Hwy 18 location, 162K SF, 37 acres

    Property size:
    162,696 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional investment opportunity presents a substantial multifamily property situated on a sprawling 37.35-acre lot in Phelan, California. The property, located at 5900 Hwy 18, boasts a significant 162,696 square feet of building space. The asking price is $1,400,000, translating to a price per square foot of $0.86. The property is zoned Ph/Sd-Com, offering considerable potential for various commercial and residential uses. Its prime Highway 18 location provides excellent visibility and accessibility. The property's substantial size and zoning present a unique opportunity for investors seeking a large-scale project with significant upside potential. The Assessor's Parcel Number (APN) is 310156102. This multifamily property in San Bernardino County, CA, zip code 92371, presents a compelling investment prospect due to its size, location, and zoning flexibility. Further due diligence is recommended to fully assess the property's potential and to verify all information. The geographic coordinates are 34.5067685 latitude and -117.5322349 longitude.

    Property Features for 5900 Hwy

    General Information

    Property type
    Multifamily properties
    Square Feet
    162,696 SF
    Lot Size
    1,626,966 SF

    HighLights

    • $1,400,000 asking price.
    • Multifamily apartment building on 37.35 acres.
    • 162,696 square feet.
    • $0.86 per square foot.
    • Ph/Sd‑Com zoning.
    • Located at 5900 Hwy 18, Phelan, CA 92371.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Phelan
    County
    San Bernardino
    State
    California
    Longitude
    -117.5322349
    Latitude
    34.5067685

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    FAQs

    What type of property is this?
    Multifamily property - Prime Hwy 18 location, 162K SF, 37 acres
    Where is this multifamily property located?
    The property is located at 5900 Hwy Phelan, CA.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: $1,400,000 asking price.; Multifamily apartment building on 37.35 acres.; 162,696 square feet.
    Request Owner's contact information
    5900 Hwy Phelan, CA 92371
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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
    5900 Hwy Phelan, CA 92371
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