19968 Bear Valley Rd Apple Valley, CA 92308
This exceptional commercial development opportunity presents 56.72 acres of prime land zoned for general commercial use in Apple Valley, California. Boasting over half a mile of frontage on Bear Valley Road, this strategically located parcel benefits from high traffic volume and proximity to significant new developments. The property includes three income-producing rental houses: one with two bedrooms and two baths (approximately 600 square feet), another with two bedrooms and two baths (approximately 1200 square feet), and a third featuring four bedrooms and two baths (approximately 3000 square feet). The area is experiencing rapid growth, with nearby planned retail establishments including Hobby Lobby, Marshals, Sprouts, Raising Cane's, and 5 Below, among others. Its location offers convenient access to major events in Johnson Valley, such as the King of the Hammers off-road races. Furthermore, the property enjoys convenient access to the Bright Line West Train at Dale Evans Parkway and Interstate 15, enhancing connectivity and accessibility. This presents a rare chance to capitalize on the significant growth potential of this thriving area. The asking price is $4,995,000. The property's APN is 3087171080000 and is owned by an LLC. The property is located at 19968 Bear Valley Road, Apple Valley, CA 92308.
Cap rate
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Property description
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