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    OFF-MARKET
    Land

    00 Mojave Dr, Phelan, CA 92301

    29.36 ac lot
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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