±8.38 Ac Olivine Rd & Mesa Vw Dr Victorville, CA 92392
- Land
- 8.38 lot acres
Current Use by Public Records
- Land
Property Details for 0 ±8.38 Ac Olivine Rd & Mesa Vw Dr
- Lot size
- 8.38 lot acres
- Property type
- Land
Description
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.
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
- Victorville
- County
- San Bernardino
- State
- California
- Longitude
- -117.408
- Latitude
- 34.4776
