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    OFF-MARKET
    Land

    5900 Hwy, Phelan, CA 92371

    162,696 SF 37.35 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a substantial multifamily property situated on a sprawling 37.35-acre lot in Phelan, California. The property, located at 5900 Hwy 18, boasts a significant 162,696 square feet of building space. The asking price is $1,400,000, translating to a price per square foot of $0.86. The property is zoned Ph/Sd-Com, offering considerable potential for various commercial and residential uses. Its prime Highway 18 location provides excellent visibility and accessibility. The property's substantial size and zoning present a unique opportunity for investors seeking a large-scale project with significant upside potential. The Assessor's Parcel Number (APN) is 310156102. This multifamily property in San Bernardino County, CA, zip code 92371, presents a compelling investment prospect due to its size, location, and zoning flexibility. Further due diligence is recommended to fully assess the property's potential and to verify all information. The geographic coordinates are 34.5067685 latitude and -117.5322349 longitude.

    Property profile
    Verified
    Property type Land
    Total area 162,696 SF
    Lot 37.35 ac (1,626,966 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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