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    Town Center Dr Apple Valley, CA 92308

    For Sale
    $6,506,017

    Prime Retail/Multi-Family Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 908,661 square foot commercial land parcel in Apple Valley, CA, presents a remarkable investment opportunity. Located in the desirable 92308 zip code, this property boasts a prominent 1,500+ square foot frontage on Town Center Drive, offering unparalleled visibility and accessibility. Zoned C-R, it's ideally suited for a variety of developments, including retail, multi-family residential, office space, or a senior center. The site benefits from its strategic location just five miles east of the 15 Freeway, ensuring convenient access for residents and customers. Its adjacency to the thriving Jess Ranch Marketplace (Phases I & II) shopping centers and the substantial Jess Ranch Development (comprising 2,120 residences) provides immediate access to a large and established consumer base. Furthermore, the property sits directly across from Sun City Apple Valley, a 1,700-home community, further enhancing its desirability. The asking price is $6,506,017, translating to approximately $7.20 per square foot. The property's APN is 0399-271-42-00000. Financing options are available to qualified buyers. This is a rare chance to acquire a large, well-located parcel in a rapidly growing area of Southern California.

    Property Features for 0 Town Center Dr

    General Information

    Property type
    Land

    HighLights

    • $7.20 per square foot commercial land price.
    • 1,500+ square foot frontage on Town Center Drive.
    • Five miles east of the 15 Freeway.
    • Near Bear Valley Blvd and Apple Valley Road intersection.
    • Adjacent to Jess Ranch Marketplace (Phases I & II).
    • Adjacent to Jess Ranch Development (2,120 residences).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Apple Valley
    County
    San Bernardino
    State
    California
    Longitude
    -117.2437365
    Latitude
    34.4659263

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    FAQs

    What type of property is this?
    Land - Prime Retail/Multi-Family Development Site
    Where is this land located?
    The property is located at Town Center Dr Apple Valley, CA.
    What is the asking price?
    The asking price for this property is $6,506,017.
    What are key features of this property?
    This property features: $7.20 per square foot commercial land price.; 1,500+ square foot frontage on Town Center Drive.; Five miles east of the 15 Freeway.
    (213) 251-9000
    Request Owner's contact information
    Town Center Dr Apple Valley, CA 92308
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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
    Town Center Dr Apple Valley, CA 92308
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