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00 Mojave Dr Phelan, CA 92301

OFF-MARKET Land Google Maps
29.36 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional ±29.36-acre parcel presents a unique investment opportunity in the unincorporated area of Adelanto, California. Zoned for Rural Living, this vacant land offers significant potential for residential development. The property comprises two parcels (APN 3132-051-02, 3132-061-01), with one parcel fronting Mojave Drive, a major thoroughfare as designated in the City of Adelanto Circulation Plan. While utilities are not directly on-site, water and sewer lines are relatively close, located approximately 1,000 feet to the east at Mojave Dr. and Aster Rd, and another water line approximately 1,300 feet to the west on Racoon Ave. The property benefits from its proximity to Adelanto High School and is strategically situated approximately 2 miles from the Adelanto Town Center project currently under construction by the Lewis Group of Companies. This ongoing development promises to enhance the surrounding area and increase property value. The expansive acreage and prime location make this a compelling opportunity for residential development or other suitable uses. The asking price is $729,000. This property is located at 00 Mojave Dr, Adelanto, CA 92301.

Property profile

Verified
Property type Land
Lot 29.36 ac (1,278,922 SF)

Cap rate & NOI

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

Value estimations

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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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