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0 I-40 Daggett, CA 92327

OFF-MARKET Land Google Maps
150 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional commercial land offering presents a unique investment opportunity in Daggett, California. Spanning a substantial acreage ranging from 150 to 550 acres, this property boasts unparalleled access to major transportation arteries. Situated directly on Interstate 40, with frontage on both sides of Interstate 15 and National Trails Highway, this location ensures high visibility and accessibility. The property includes existing Conditional Use Permits (CUPs) for significant commercial development. Specifically, there are CUPs for 280 acres of commercial development north of I-40 at the intersection of Hidden Springs Road, and an additional 6 acres south of I-40, also with a CUP. Hidden Springs Road forms the western boundary of the property, both north and south of the freeway. US Route 66 constitutes the northern boundary. The property is subdivided per Parcel Map Number 15372 and is part of a proposed truck park with an approved CUP. Detailed plans exist for a 50,000 square foot hotel, multiple fast-food restaurants, and a gas station. Utilities including electricity, water, telephone, gas/propane, and septic systems are available. This is an ideal location for a mixed-use development, capitalizing on the high traffic volume and strategic location near major transportation routes. The property's size and existing permits significantly reduce development hurdles, making this a compelling investment opportunity.

Property profile

Verified
Property type Land
Lot 150 ac (6,534,000 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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