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    OFF-MARKET
    Land

    00 Ln Mesa Rd. & Verbena Rd, Victorville, CA 92392

    8.9 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 8.9-acre vacant land parcel presents a remarkable investment opportunity in Victorville, California. Located at 00 La Mesa Rd. & Verbena Road, Victorville, CA 92392 (APN 3133-231-01), this property boasts dual zoning designations of R1 and R3, offering significant flexibility for residential development. Situated in a rapidly expanding area between Victorville and Adelanto, this site is ideally positioned to capitalize on the high demand for housing in Southern California. The southwest boundary of Victorville is experiencing substantial residential and commercial growth, making this 8.9-acre lot a prime location for future development. The property's strategic location and dual zoning provide a unique opportunity to create a thriving residential community. Given the current market conditions and the area's projected growth, this land represents a compelling investment with significant potential for appreciation. Don't miss this chance to secure a piece of Victorville's future. The asking price is $380,000.

    Property profile
    Verified
    Property type Land
    Lot 8.9 ac (387,684 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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