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    Bannock Rd Oro Grande, CA 92368

    For Sale
    $79,990

    60 Acres, Hunting, Residential Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional offering presents a unique opportunity to acquire nearly 60 acres of contiguous land in Oro Grande, California. Comprising three parcels (APN 0470-061-58, 60, and 61), this expansive property is zoned RL (Rural Living), allowing for a variety of uses. The land is ideally suited for those seeking to establish a private ranch, recreational area, or develop a residential property. With the potential for at least one unit per parcel, the possibilities are vast. The property boasts a secluded location, offering peace and quiet while remaining conveniently close to amenities. It's less than a mile from utility lines, providing options for both on-grid and off-grid living. Enjoy stunning western views from this gently rising terrain. The location is also within easy reach of Historic Route 66, Silver Lakes Golf Course and Lake community, and Interstate 15. A significant advantage is the inclusion of mineral rights for coal, oil, oil shale, gas, phosphate, sodium, and other mineral deposits. This is a truly remarkable opportunity to own a substantial piece of land in a desirable Southern California location. The asking price is $79,990. Don't miss out on this rare chance to create your own desert getaway or develop a unique property.

    Property Features for 0 Bannock Rd

    General Information

    Property type
    Land
    Lot Size
    2,517,202 SF

    HighLights

    • Nearly 60 acres of contiguous land in Oro Grande, CA, comprised of three parcels (APN 0470‑061‑58, 60, and 61).
    • RL (Rural Living) zoning allows for various uses, including residential development (potential for at least one unit per parcel).
    • Secluded location near utilities, Route 66, Silver Lakes, and I‑15, offering stunning western views.
    • Includes mineral rights (coal, oil, oil shale, gas, phosphate, sodium, and other minerals).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Oro Grande
    County
    San Bernardino
    State
    California
    Longitude
    -117.33920321472
    Latitude
    34.69289475691

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    FAQs

    What type of property is this?
    Land - 60 Acres, Hunting, Residential Potential
    Where is this land located?
    The property is located at Bannock Rd Oro Grande, CA.
    What is the asking price?
    The asking price for this property is $79,990.
    What are key features of this property?
    This property features: Nearly 60 acres of contiguous land in Oro Grande, CA, comprised of three parcels (APN 0470-061-58, 60, and 61).; RL (Rural Living) zoning allows for various uses, including residential development (potential for at least one unit per parcel).; Secluded location near utilities, Route 66, Silver Lakes, and I-15, offering stunning western views.
    (760) 242-6059
    Request Owner's contact information
    Bannock Rd Oro Grande, CA 92368
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    Oro Grande, CA 92368
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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
    Bannock Rd Oro Grande, CA 92368
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