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    ±8.38 Ac Olivine Rd & Mesa Vw Dr Victorville, CA 92392

    For Sale
    $395,000

    8.38 Acres, Prime Location, High Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 8.38-acre residential land parcel, located at Olivine Rd & Mesa View Dr in Victorville, CA (zip code 92392), presents a compelling investment opportunity. Zoned Victorville R-1 Low Density Residential, this property allows for up to four units per acre, potentially yielding approximately 35 lots. The asking price is $395,000, translating to $47,136.04 per acre. Situated in a thriving area with significant new home development activity, the property benefits from the presence of established builders such as DR Horton, Richmond American, Frontier, UGI, and Legacy. All utilities are available at the site. Given the current market trends and projections of land value doubling in the coming years, this site offers attractive returns. The APN is 3134-021-08. This is a rare opportunity to acquire a substantial land holding in a rapidly growing residential market within San Bernardino County. Seller is open to reviewing all offers.

    Property Features for 0 ±8.38 Ac Olivine Rd & Mesa Vw Dr

    General Information

    Property type
    Land
    Lot Size
    365,033 SF

    HighLights

    • 8.38‑acre residential land parcel in Victorville, CA (92392), APN 3134‑021‑08.
    • Zoned R‑1 Low Density Residential, allowing up to four units per acre (approx. 35 lots).
    • Asking price: $395,000 ($47,136.04/acre).
    • Located in a high‑growth area with active new home construction by major builders.
    • All utilities available on‑site.
    • Seller will consider all offers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Victorville
    County
    San Bernardino
    State
    California
    Longitude
    -117.4082632
    Latitude
    34.477639

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    FAQs

    What type of property is this?
    Land - 8.38 Acres, Prime Location, High Potential
    Where is this land located?
    The property is located at ±8.38 Ac Olivine Rd & Mesa Vw Dr Victorville, CA.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: 8.38-acre residential land parcel in Victorville, CA (92392), APN 3134-021-08.; Zoned R-1 Low Density Residential, allowing up to four units per acre (approx. 35 lots).; Asking price: $395,000 ($47,136.04/acre).
    (760) 983-2383
    Request Owner's contact information
    ±8.38 Ac Olivine Rd & Mesa Vw Dr 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
    ±8.38 Ac Olivine Rd & Mesa Vw Dr Victorville, CA 92392
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