5900 Hwy, Phelan, CA 92371
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.