0 Nyack Rd, Phelan, CA 92371
This ±18-acre parcel in Phelan, California, presents a unique investment opportunity within a rapidly growing region. Zoned R-1, this land is perfectly suited for various residential developments, including market-rate housing, age-qualified housing, and build-for-rent (BFR) communities. The projected home prices are anticipated to fall below FHA limits, making it an attractive option for a wide range of buyers. The property's strategic location offers significant advantages. It's situated near the Southern California Logistics Airport (SCLA), benefiting from the area's expanding job market. Furthermore, the proximity to the planned High Desert Corridor (HDC) – which will connect Victorville to the Antelope Valley – and the future BNSF Barstow International Gateway project (a 4,500-acre integrated rail facility creating thousands of jobs) ensures long-term growth potential. The development also benefits from the secured funding for the Brightline High Speed Train Terminal, linking Las Vegas to the Victor Valley and Rancho Cucamonga. The property's APN is 3134-021-01, and its address is Nyack Rd, Victorville, CA 92371. This exceptional location, combined with the favorable zoning and projected affordability, makes this land a compelling investment for developers seeking to capitalize on the region's burgeoning residential market. The property is surrounded by new communities currently under construction, indicating strong market demand.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.