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Property profile & analytics
OFF-MARKET
Land

0 Montara Rd Barstow, CA 92311

4.98 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.98-acre land parcel in Barstow, California, presents a remarkable opportunity for residential development. Located on Montara Road, the property consists of two parcels (APN 0424-241-05 and 06) zoned MDR – Medium Density Residential, allowing for up to 15 units per acre. This translates to significant development potential, with prior plans for a 73-unit family apartment complex already in place. These plans, along with engineering maps, are included in the sale, providing a solid foundation for a swift project commencement. The property boasts a flat topography and is conveniently located adjacent to utilities, just two blocks south of the I-40 and I-15 junction. The strategic location, near the newly constructed Walmart shopping center, further enhances its appeal. Given the anticipated influx of 20,000 jobs due to the upcoming 4,500-acre, $1.5 billion BNSF Barstow International Gateway (BIG) intermodal facility, demand for Barstow real estate is expected to surge. This makes this property an ideal investment for developers seeking to capitalize on the area's growth trajectory. The asking price for this exceptional opportunity is $749,990.

Property profile
Verified
Property type Land
Lot 4.98 ac (216,929 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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CAP Approach CAP
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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