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Property profile

0 Bear Valley Rd Victorville, CA 92395

OFF-MARKET
Land
7.52 ac lot
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Property summary

AI-generated overview

This exceptional 7.52-acre commercial land parcel presents a remarkable investment opportunity in Victorville, California. Located on the highly visible northwest corner of Bear Valley Road and Cobalt Street, this property boasts over 400 feet of frontage on Bear Valley Road, a major commercial thoroughfare connecting Victorville, Hesperia, and Apple Valley to Interstate 15. The property also offers 640 feet of frontage on Cobalt Road. Its strategic location places it midway between Interstate 15 and Highway 395, ensuring excellent accessibility and high traffic volume. The site is zoned C-2 and general commercial, allowing for a wide range of development possibilities. Surrounded by a large, affluent residential neighborhood with a strong median household income, this flat, build-ready lot presents significant potential for various commercial ventures. The property's APN is 3095-012-19-0-000. The asking price is $1,200,000, translating to $7.33 per square foot. Lease options are available, and the land is offered for sale due to a partnership dissolution. The property is currently listed as fee simple ownership. The existing lease expires December 30, 2024.

Property profile

Verified
Property type Land
Lot 7.52 ac (327,571 SF)

Cap rate & NOI

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

Location

Bear Valley Rd Victorville, CA 92395
Victorville metro
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Value estimations

Realmo proprietary · 4 methods
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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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