Property profile

0 El Mirage Rd Adelanto, CA 92301

OFF-MARKET
Retail properties & Spaces
10 ac lot
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Property summary

AI-generated overview

This exceptional 10-acre vacant parcel presents a unique investment opportunity in the burgeoning El Mirage area of Adelanto, California. Located on paved El Mirage Road (APN: 0457-103-37), this property boasts convenient highway access and flexible Rural Living (RL) zoning. The zoning allows for a variety of uses, including agricultural, residential, and service-oriented businesses, even permitting industrial hemp cultivation, subject to obtaining the necessary permits. The area is experiencing significant growth, fueled by the recently approved Baldy Mesa Solar Project, a substantial 150 MW solar and 75 MW battery energy storage project. This project, spanning approximately 1,000 acres, will deliver clean energy to a nearby substation, significantly reducing carbon emissions. Further bolstering the area's economic prospects is the recent completion of a large Amazon logistics warehouse at the nearby Southern California Logistics Airport. This property offers substantial potential for developers and investors seeking to capitalize on the region's expanding agricultural sector and renewable energy initiatives. The asking price is $75,000. All information should be independently verified by the buyer.

Property profile

Verified
Property type Retail properties & Spaces
Lot 10 ac (435,600 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

El Mirage Rd Adelanto, CA 92301
Adelanto metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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