00 Mojave Dr, Phelan, CA 92301
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.
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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