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    OFF-MARKET
    Land

    9675 Phelan Rd, Phelan, CA 92371

    3.78 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3.78-acre commercial land parcel presents a unique investment opportunity in the thriving town of Phelan, California. Situated at the highly visible southwest corner of Phelan Road (Main Street) and Baldy Mesa Road, this property boasts a prime location on two major arterial streets, ensuring high traffic visibility and accessibility. The asking price is $1,150,000. The property is zoned for Neighborhood Commercial use and benefits from a previously approved site plan and conditional use permit for a comprehensive commercial development. This plan includes a gas station with convenience store, a fast-food restaurant with drive-thru, in-line shops, and a junior anchor building. This pre-approved plan significantly streamlines the development process, reducing time and potential costs associated with obtaining necessary permits. The property's strategic location and existing approvals make it ideal for a variety of commercial ventures, offering significant potential for substantial returns. The APN is 3065-611-03. This is a rare opportunity to acquire a ready-to-develop commercial site in a growing area. Don't miss out on this exceptional investment prospect. The property is located at 9675 Phelan Rd, Phelan, CA 92371.

    Property profile
    Verified
    Property type Land
    Lot 3.78 ac (164,657 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
    AI Approach AI
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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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