9675 Phelan Rd, Phelan, CA 92371
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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