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    OFF-MARKET
    Land

    0 Palmdale Rd, Phelan, CA 92301

    22.7 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 22.7-acre commercial land parcel in Adelanto, California, presents a remarkable investment opportunity. Located on Palmdale Road, it boasts approximately 500 feet of frontage and abuts a thriving shopping center, anchored by Stater Bros. Market, CVS Pharmacy, and numerous national retailers. The property enjoys a highly visible location at the intersection of Palmdale Road and Pearmain Street, benefiting from the substantial daily traffic count of nearly 25,000 vehicles on Highway 395/Palmdale Road. Zoned for general commercial use, this site is ideal for a wide range of developments, including large retail spaces, service businesses, professional offices, and restaurants. Utilities such as water, sewer, and power are readily available. The property's strategic location is further enhanced by its proximity to a Walmart Supercenter, Les Schwab Tire Center, and other established businesses. The area is experiencing significant growth, with the recently sold-out Seneca Point residential community adding to the vibrant atmosphere. The APN is 3103-521-07, 09. The asking price is $3,400,000. Each parcel is also available for individual purchase. All information should be independently verified by the buyer.

    Property profile
    Verified
    Property type Land
    Lot 22.7 ac (988,812 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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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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