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Property profile & analytics
OFF-MARKET
Land

18 Hwy Apple Valley, CA 92308

99.47 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 99.47-acre commercial land parcel in Apple Valley, CA (APN 3112-181-03), presents a significant development opportunity. Located on Highway 18, the property boasts excellent visibility and high traffic counts, catering to the substantial residential populations of Apple Valley, Hesperia, Victorville, and Adelanto. Zoned OS-C (Open Space Conservation) and MU (Mixed Use), this site is part of the Dale Evans Crossing Specific Plan, a vibrant mixed-use project envisioned to include senior living, retail, recreation, and health services. The plan complements the Apple Valley Legacy Trail and the town's vision for an inclusive community. Utilities are conveniently located adjacent to the property. Within the 99.47 acres, approximately 33 acres are developable, allowing for a projected 420 units (63 studios, 105 one-bedroom, and 252 two-bedroom units), along with 7,500 square feet of medical office space, a 5,000 square foot community center, and a 2,000 square foot daycare center. The property's strategic location near Apple Valley Commons ensures convenient access to numerous amenities, including restaurants and offices. This is a rare chance to acquire a large, well-positioned tract of land with significant development potential in a rapidly growing area. The asking price is $7,799,000. The property's irregular shape and proximity to major roadways make it an ideal location for a mixed-use development. This is a prime opportunity for investors seeking high-impact development in a thriving California community. The 92308 zip code ensures easy access to the surrounding area.

Property profile
Verified
Property type Land
Lot 99.47 ac (4,332,913 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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