L St Barstow, CA 92311
- Land
- 46.85 lot acres
Current Use by Public Records
- Land
Property Details for 0 L St
- Lot size
- 46.85 lot acres
- Property type
- Land
Description
This exceptional ±46.85-acre commercial land parcel in Barstow, CA, presents a prime development opportunity. Located within the approved Spanish Trail Specific Plan, this site offers ±112.4 acres or ±801,000 square feet for mixed-use development. Phase 1, encompassing ±46.85 net acres, is immediately available for purchase and development. This includes a ±13.07-acre parcel across from a Home Depot, adjacent to stubbed utilities, and a separate ±6.48-acre parcel in the same prime location. Additionally, a ±27.30-acre parcel (less a pending gas station) within the Opportunity Zone is also part of Phase 1 and available separately. The property boasts excellent visibility and accessibility, directly off I-15 and historic Route 66, with an existing Home Depot (13.95 acres, 123,706 sq ft building) generating approximately $24 million in annual gross sales. The Specific Plan allows for a wide range of uses, including hospitality, retail, hotels, light industrial, fueling stations, multifamily, and self-storage. High traffic counts (88,000 VPD on I-15 at L Street, source: Caltrans 2020) and a large underserved market (67,000+ residents within a 35-minute radius, including Fort Irwin and Marine Corps personnel) make this a compelling investment. Over ±27.30 acres benefit from Opportunity Zone designation, offering potential tax advantages (deferral, reduction, and zero capital gains on new gains for a period of time, though California capital gains taxes still apply). The project area is bordered by Interstate 15, the Burlington Northern Santa Fe rail classification yard, K Street, and N Street. This is a rare chance to acquire a significant land holding in a high-growth area. The property is zoned Specific Plan.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Barstow
- County
- San Bernardino
- State
- California
- Longitude
- -117.056
- Latitude
- 34.8774