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Property profile & analytics
OFF-MARKET
Apartment buildings

0 Of Palmdale Rd And Wintergreen Rd Pinon Hills, CA 92372

525,334 SF 12.06 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 12.06-acre parcel, situated southwest of the intersection of Palmdale Road and Wintergreen Road in Phelan, California (zip code 92372), presents a remarkable investment opportunity. Currently zoned RL, this property offers significant potential for development. The existing apartment building boasts a substantial 525,334 square feet and is listed at $400,000, translating to a price per square foot of $0.76. The property's expansive size and flat terrain make it ideally suited for various development projects. The permitted zoning, RL, allows for a range of possibilities, including single-family subdivisions and mobile home parks, as indicated in the planned development designations. The property's location in San Bernardino County, California, offers access to key transportation routes and amenities. The Assessor's Parcel Number (APN) is 310045110. This is a rare chance to acquire a large, versatile property in a growing area, offering substantial upside potential for the discerning investor. The property's size and zoning provide flexibility for a variety of development scenarios, making it an attractive proposition for those seeking a significant land acquisition in a desirable location. Detailed plans and specifications are available upon request.

Property profile
Verified
Property type Apartment buildings
Total area 525,334 SF
Lot 12.06 ac (525,334 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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