0 Of Palmdale Rd And Wintergreen Rd Pinon Hills, CA 92372
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.