Technical
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Property profile

00000 Northside Rd Lucerne Valley, CA 92356

OFF-MARKET
Land
20 ac lot
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Property summary

AI-generated overview

This exceptional 20-acre parcel in Lucerne Valley, California, presents a unique investment opportunity. Located off Northside Road, access is provided via a 40-foot-wide utility easement. The property boasts sweeping, unobstructed views of the valley and surrounding mountains. The western boundary abuts BLM land, and is fenced. Recent observations indicate wildlife activity on the land. Zoned LV/RL-AG, the property offers a wide array of potential uses, including residential development (allowing for ADUs, guest housing, and secondary units), recreational uses (RV parking, equestrian activities, campgrounds), agricultural pursuits (agritourism, nurseries, livestock), and even alternative energy production or commercial uses such as storage facilities, recycling centers, or medical facilities. The property's location offers convenient access to the Victorville/Hesperia/Apple Valley metro area and the mountain resorts of Big Bear and Lake Arrowhead. Lucerne Valley is experiencing significant growth due to its affordability and proximity to major Southern California areas. Utilities are nearby, and water can be obtained by drilling a well. This is a rare opportunity to acquire a substantial land holding in a rapidly developing area with diverse development potential. The asking price is $59,990.

Property profile

Verified
Property type Land
Lot 20 ac (871,200 SF)

Cap rate & NOI

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

Location

00000 Northside Rd Lucerne Valley, CA 92356
Lucerne Valley metro
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Value estimations

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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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