0 Morro Rd Apple Valley, CA 92307
This exceptional 34.8-acre industrial land parcel presents a significant investment opportunity in Apple Valley, California. Strategically located on Morro Road, just east of the Dale Evans Parkway exit, this property offers unparalleled access and visibility. The site comprises four contiguous parcels (APN: 0463-011-33, 34, 35, 36) zoned for Planned Industrial use (I-P), making it ideal for a variety of industrial developments. A significant advantage is the presence of an existing well with on-site electricity on a 4.85-acre portion of the land. The property's proximity to the planned Brightline West Train Station at the Dale Evans Parkway exit further enhances its appeal and potential for future growth. The asking price is $2,501,215, translating to a land value of $1.65 per square foot. Prospective buyers are responsible for verifying all utilities and permitted uses within the I-P zoning district with the Town of Apple Valley. This prime location and substantial acreage provide a rare chance to acquire a highly desirable industrial property in a rapidly developing area. The property's size and zoning flexibility offer considerable development potential, making it an attractive investment for both immediate and long-term returns. Don't miss this opportunity to secure a foothold in this thriving industrial corridor.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.