Property profile

0 5.85 Acres Dante St Victorville, CA 92394

OFF-MARKET
Land
5.85 ac lot
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Property summary

AI-generated overview

This exceptional 5.85-acre commercial land parcel in Victorville, CA (APN 0472-181-04), is zoned for medium-density multifamily development, allowing for 18-30 dwelling units per acre. Located within the Desert Gateway Specific Plan, this site benefits from its proximity to existing multifamily developments, ensuring readily available utilities such as water, electricity, and gas. The property's advantageous location near Northgate Village Apartments further enhances its development potential. The Desert Gateway Specific Plan promotes a transit-oriented lifestyle with a mix of commercial and residential uses. This location offers easy access to the 15 Freeway and is strategically positioned near the proposed terminus/beginning of the High Desert Corridor and the proposed Brightline high-speed rail service connecting Apple Valley, CA, and Las Vegas, NV. This prime location and zoning make this 5.85-acre parcel an outstanding opportunity for multifamily development in a rapidly growing area. The asking price is $600,000. The property's address is 5.85 Acres Dante Street, Victorville, CA 92394.

Property profile

Verified
Property type Land
Lot 5.85 ac (254,826 SF)

Cap rate & NOI

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

Location

5.85 Acres Dante St Victorville, CA 92394
Victorville metro
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Value estimations

Realmo proprietary · 4 methods
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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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