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    Hwy 395 & Sycamore St Hesperia, CA 92392

    For Sale
    $1,750,000

    17.5 Acres, Dual Zoning, Victorville

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 17.52-acre commercial land parcel presents a unique investment opportunity at the northwest corner of Highway 395 and Sycamore Street in Victorville, California. The property comprises two adjacent lots with distinct zoning designations, offering unparalleled flexibility for development. Parcel 09, encompassing 8.6 acres, is zoned Single Family Residential (R-1), allowing for the potential construction of up to 5 dwelling units per acre, catering to the high demand for housing in this rapidly growing area. Adjacent Parcel 10, spanning 8.9 acres, is zoned Neighborhood Service (C-1), ideal for a variety of commercial uses including retail, service, and office spaces, perfectly positioned to serve the substantial residential communities nearby. This prime location benefits from its proximity to recently completed and nearly completed residential developments like DR Horton's Verbena community and LGI's Desert Willow Village, ensuring a robust customer base. Utilities including water, sewer, and power are readily available on-site. The asking price for this strategically located property is $1,750,000. The property's dual zoning allows for a market-driven development approach, maximizing investment potential. The seller may consider offers for individual parcels. APN: 3071-341-09, 10. All information should be independently verified by the buyer.

    Property Features for 0 Hwy 395 & Sycamore St

    General Information

    Property type
    Land
    Lot Size
    763,171 SF

    HighLights

    • High‑visibility corner lot on major thoroughfare.
    • Dual zoning (R‑1 & C‑1) offers flexible development options.
    • Adjacent to a large, recently developed residential community.
    • Strong demographics with high population density and numerous amenities.
    • Asking price: $1,750,000.
    • 17.52‑acre parcel.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hesperia
    County
    San Bernardino
    State
    California
    Longitude
    -117.3502643
    Latitude
    34.4631471

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    FAQs

    What type of property is this?
    Land - 17.5 Acres, Dual Zoning, Victorville
    Where is this land located?
    The property is located at Hwy 395 & Sycamore St Hesperia, CA.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: High-visibility corner lot on major thoroughfare.; Dual zoning (R-1 & C-1) offers flexible development options.; Adjacent to a large, recently developed residential community.
    (760) 559-6807
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    Hwy 395 & Sycamore St Hesperia, 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
    Hwy 395 & Sycamore St Hesperia, CA 92392
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