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    CA USA Ramona Ave Apple Vly Apple Valley, CA 92307

    Sponsored
    For Sale
    $329,000

    10 acres, residential zoning, great investment

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 10-acre land parcel presents a compelling investment opportunity in Apple Valley, California. Located at the northeast corner of Ramona Avenue and Wanka (future street), this property boasts approximately 330 feet of frontage on Ramona Avenue and a depth of roughly 1320 feet. Situated in the unincorporated area of San Bernardino County, it's conveniently located about 660 feet east of the Apple Valley city limits and near Granite Hills High School, a modern facility with a performing arts center. The property's current RL zoning permits the development of up to four single-family estate-sized homes, subject to San Bernardino County's regulations and necessary approvals. Its strategic location within the sphere of influence of Apple Valley suggests potential future annexation and rezoning, enhancing its long-term value. The property's APN is 043706443. This presents a strong buy-and-hold investment opportunity. Financing options are available with 35% down, a five-year term, and a 7.5% interest rate. The asking price is $329,000. The property is also situated approximately 660 feet east of Joshua and borders the logical extension of Klickitat Avenue.

    Property Features for CA USA Ramona Ave Apple Vly

    General Information

    Property type
    Land
    Lot Size
    435,600 SF

    HighLights

    • 10‑acre residential‑zoned land near Apple Valley, poised for annexation and rezoning.
    • Prime location near a high‑performing high school and upscale homes.
    • Excellent investment opportunity with strong buy‑and‑hold potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Apple Valley
    County
    San Bernardino
    State
    California
    Longitude
    -117.15535708152
    Latitude
    34.515621803833

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    FAQs

    What type of property is this?
    Land - 10 acres, residential zoning, great investment
    Where is this land located?
    The property is located at CA USA Ramona Ave Apple Vly Apple Valley, CA.
    What is the asking price?
    The asking price for this property is $329,000.
    What are key features of this property?
    This property features: 10-acre residential-zoned land near Apple Valley, poised for annexation and rezoning.; Prime location near a high-performing high school and upscale homes.; Excellent investment opportunity with strong buy-and-hold potential.
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    CA USA Ramona Ave Apple Vly Apple Valley, CA 92307
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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
    CA USA Ramona Ave Apple Vly Apple Valley, CA 92307
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