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Property profile & analytics
OFF-MARKET
Land

0 ±8.38 Ac Olivine Rd & Mesa Vw Dr Victorville, CA 92392

8.38 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 8.38-acre residential land parcel, located at Olivine Rd & Mesa View Dr in Victorville, CA (zip code 92392), presents a compelling investment opportunity. Zoned Victorville R-1 Low Density Residential, this property allows for up to four units per acre, potentially yielding approximately 35 lots. The asking price is $395,000, translating to $47,136.04 per acre. Situated in a thriving area with significant new home development activity, the property benefits from the presence of established builders such as DR Horton, Richmond American, Frontier, UGI, and Legacy. All utilities are available at the site. Given the current market trends and projections of land value doubling in the coming years, this site offers attractive returns. The APN is 3134-021-08. This is a rare opportunity to acquire a substantial land holding in a rapidly growing residential market within San Bernardino County. Seller is open to reviewing all offers.

Property profile
Verified
Property type Land
Lot 8.38 ac (365,033 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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