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Property profile

0 Aster Rd Victorville, CA 92392

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 3.41-acre commercial land parcel in Victorville, CA (92392), presents a unique investment opportunity. Ideally situated near the intersection of US 395 and SR 18 (Palmdale Rd), this flat, buildable lot boasts a PUD/Commercial zoning designation by the City of Victorville, permitting retail, office, and medical office uses. The site's strategic location addresses a significant unmet need: most residents within a 5-mile radius must travel considerable distances for medical care. With a current population of approximately 150,000 within a 5-mile radius and high daily traffic counts on US 395 and Palmdale Rd (approximately 22,000 vehicles per day per road, based on 2018 data), this property offers exceptional visibility and accessibility. The property is bordered by Begonia Rd to the north and Aster St to the south. This rapidly growing area of West Victorville makes this an ideal location for a variety of medical facilities, including urgent care, doctor's offices, dental practices, and acute care centers. The asking price for this remarkable development opportunity is $1,256,600. Don't miss this chance to capitalize on the burgeoning healthcare needs of this thriving community.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Aster Rd Victorville, CA 92392
Victorville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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