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    Nwc Mendocino Rd. & Collado Rd Newberry Springs, CA 92365

    For Sale
    $55,000

    8.23 Acres, Excellent Investment Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 8.23-acre commercial land parcel is strategically located at the Northwest corner of Mendocino Road and Collado Road in Newberry Springs, California (APN: 0532-102-24). Situated in San Bernardino County, zip code 92365, this property presents a unique investment opportunity. The asking price is $55,000. The land's advantageous position offers significant potential for various commercial ventures. Newberry Springs' proximity to Barstow, where a major intermodal transportation system is under development by BNSF Railway, adds considerable long-term value. Furthermore, the planned development of a casino/hotel by the Chemehuevi Indian Tribe in nearby Barstow is expected to further stimulate economic growth in the region, enhancing the property's investment appeal. This is one of three properties currently available for sale from the owner's portfolio, making this a compelling opportunity for investors seeking a foothold in a rapidly developing area of California. The property is easily accessible via Mendocino and Collado Roads, offering convenient access to transportation routes. Detailed site surveys and environmental reports are available upon request. This is a rare chance to acquire a substantial commercial land parcel in a high-growth area at an attractive price point.

    Property Features for 0 Nwc Mendocino Rd. & Collado Rd

    General Information

    Property type
    Land
    Lot Size
    358,499 SF

    HighLights

    • 8.23‑acre commercial land parcel in Newberry Springs, CA (APN: 0532‑102‑24).
    • $55,000 asking price.
    • Strategically located at the NW corner of Mendocino & Collado Roads.
    • High‑growth area with potential for various commercial ventures.
    • Proximity to Barstow's developing intermodal transportation system and planned casino/hotel.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Newberry Springs
    County
    San Bernardino
    State
    California
    Longitude
    -116.6714312
    Latitude
    34.8763033

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    FAQs

    What type of property is this?
    Land - 8.23 Acres, Excellent Investment Opportunity
    Where is this land located?
    The property is located at Nwc Mendocino Rd. & Collado Rd Newberry Springs, CA.
    What is the asking price?
    The asking price for this property is $55,000.
    What are key features of this property?
    This property features: 8.23-acre commercial land parcel in Newberry Springs, CA (APN: 0532-102-24).; $55,000 asking price.; Strategically located at the NW corner of Mendocino & Collado Roads.
    Request Owner's contact information
    Nwc Mendocino Rd. & Collado Rd Newberry Springs, CA 92365
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    Nwc Mendocino Rd. & Collado Rd
    Newberry Springs, CA 92365
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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
    Nwc Mendocino Rd. & Collado Rd Newberry Springs, CA 92365
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