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    Wato Rd Apple Valley, CA 92307

    • Land
    • 1.58 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Wato Rd

    Lot size
    1.58 lot acres
    Property type
    Land

    Description

    This exceptional 1.58-acre parcel, located on Wato Rd in Apple Valley, CA (APN: 0473-312-01, 02, 03), presents a rare development opportunity. Zoned Multifamily (R-M), this buildable lot allows for up to 20 dwelling units per net acre, offering significant potential for a substantial multifamily project. Situated in a highly desirable neighborhood, the property boasts panoramic views of the valley and enjoys convenient proximity to essential amenities. Nearby attractions include St. Mary's Medical Center, numerous medical offices, Super Target, Albertsons, Starbucks, and various restaurants. The location benefits from its close proximity to the future Brightline West high-speed rail station and maintenance yard, a project anticipated to generate approximately 10,000 jobs. All utilities are available on-site. The asking price is $375,000. Buyer is responsible for verifying all information provided.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Apple Valley
    County
    San Bernardino
    State
    California
    Longitude
    -117.275
    Latitude
    34.5521

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    Wato Rd
    Apple Valley, CA 92307
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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