0 0463-371-23 Apple Valley, CA 92307
This exceptional 1,114,180 square foot parcel presents a rare opportunity for commercial or residential development in Apple Valley, CA. The rectangular, flat lot boasts a highly desirable location, offering convenient access to major roadways and significant commercial developments. Its strategic proximity to the proposed Brightline West high-speed rail line to Las Vegas positions this property for substantial future growth. The area is already attracting major corporations, with many surrounding properties already acquired by large companies. Existing infrastructure is in place, with water and sewage lines readily available. The property's advantageous location is further enhanced by its proximity to key transportation hubs and amenities. It's less than a mile from Apple Valley Airport, 1.6 miles from the Big Lots Distribution Center, and 1.7 miles from the Walmart Distribution Center. The 15 Freeway is less than five miles away, and the Apple Valley Speedway is approximately 6.4 miles distant. This expansive lot offers unparalleled potential for a wide range of development projects, making it an exceptional investment opportunity. The APN is 0463-371-23. The asking price is $8,375,000.
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
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.