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Property profile & analytics
OFF-MARKET
Land

0 Chief Joseph Rd Apple Valley, CA 92307

4.27 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.27-acre parcel in Apple Valley, California, presents a remarkable opportunity for multifamily development. Located on Chief Joseph Rd and identified by APN 3087-361-06, this property is zoned Multifamily Residential (R-M), allowing for the construction of 2 to 20 dwelling units per net acre. All utilities are conveniently located adjacent to the site, simplifying infrastructure connections. The land is currently unimproved, offering developers complete design flexibility. Future residents will enjoy proximity to a variety of amenities, including Albertson's, Stater Bros., Dollar General, Walgreens, Rite Aid, James Wood Community Center, and the Apple Valley Skate Park. Apple Valley's strategic location is further enhanced by the planned Brightline West high-speed rail station and maintenance facility, expected to commence construction in 2023. This high-speed rail will connect Las Vegas to Los Angeles, significantly boosting the region's economic growth and attracting residents. The asking price for this prime development land is $449,000. This represents a compelling investment opportunity in a rapidly developing area with strong potential for significant returns. Don't miss this chance to capitalize on the growth of Apple Valley.

Property profile
Verified
Property type Land
Lot 4.27 ac (186,001 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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