0 00000Richardson Rd Adelanto, CA 92301
This exceptional 40-acre property in Adelanto, California, presents a unique investment opportunity. Located in San Bernardino County, with APN 0460581050000, this land boasts a diverse zoning designation of RL-5, allowing for agricultural, farm, and residential uses. The property includes three wells, ensuring a reliable water source, and features water rights. Twenty acres are undeveloped, offering significant potential for future development, while the remaining 20 acres are improved with existing greenhouses. The convenient location near Adelanto Airport adds to its appeal. This expansive parcel offers the freedom of wide-open desert space, with the potential for various uses, from agricultural pursuits to residential development. The asking price is $100,000. The property is privately owned and offers a compelling combination of established infrastructure and undeveloped land, making it an attractive investment in the California desert. This is a rare opportunity to acquire a substantial land holding with existing water resources and development potential. The property's versatility and location near Adelanto Airport make it an ideal investment for those seeking a unique and expansive property in a growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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