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Property profile & analytics
OFF-MARKET
Land

0 Bannock Rd Oro Grande, CA 92368

57.79 ac lot
Property ID
Property summary
AI-generated overview

This exceptional offering presents a unique opportunity to acquire nearly 60 acres of contiguous land in Oro Grande, California. Comprising three parcels (APN 0470-061-58, 60, and 61), this expansive property is zoned RL (Rural Living), allowing for a variety of uses. The land is ideally suited for those seeking to establish a private ranch, recreational area, or develop a residential property. With the potential for at least one unit per parcel, the possibilities are vast. The property boasts a secluded location, offering peace and quiet while remaining conveniently close to amenities. It's less than a mile from utility lines, providing options for both on-grid and off-grid living. Enjoy stunning western views from this gently rising terrain. The location is also within easy reach of Historic Route 66, Silver Lakes Golf Course and Lake community, and Interstate 15. A significant advantage is the inclusion of mineral rights for coal, oil, oil shale, gas, phosphate, sodium, and other mineral deposits. This is a truly remarkable opportunity to own a substantial piece of land in a desirable Southern California location. The asking price is $79,990. Don't miss out on this rare chance to create your own desert getaway or develop a unique property.

Property profile
Verified
Property type Land
Lot 57.79 ac (2,517,202 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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