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Property profile & analytics
OFF-MARKET
Land

15321 Walton Rd Oro Grande, CA 92368

20.31 ac lot
Property ID
Property summary
AI-generated overview

Exceptional opportunity to acquire 20.31 acres of level commercial land in Oro Grande, California. Located at 15321 Walton Road (APN 0469211080000), this property currently boasts Light Industrial zoning within the San Bernardino County. However, a significant development is underway: the City of Victorville's recent General Plan update will eliminate the Desert Gateway Specific Plan and rezone this land to Heavy Industrial, expected later this year (buyer to verify with the City of Victorville). This presents substantial upside potential for future development. The property features a chain link fence and utilities (water and power) stubbed to the site (buyer to verify). The asking price is $574,500, translating to a land value of $884,703 per square foot. This prime location offers investors a unique chance to capitalize on the anticipated zoning change and the burgeoning industrial sector in the area. Serious inquiries only.

Property profile
Verified
Property type Land
Lot 20.31 ac (884,704 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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