0 Middleton Ave Hesperia, CA 92345
This exceptional 80-acre parcel, located on Middleton Ave in Hesperia, CA (zip code 92345), presents a unique investment opportunity. Zoned RR (SD) – Rural Residential Special Development, this property boasts a strategic location near the significant Silverwood development, a planned community encompassing approximately 9,000 acres and 15,000 homes. Previously approved for a Tentative Tract Map outlining 72 lots, this land offers a solid foundation for future development. Situated at the end of Middleton Ave, south of Summit Valley Road, the property enjoys convenient access to Interstate 15 and Highway 138, enhancing its accessibility and appeal. The expansive acreage provides scenic valley views, adding to its desirability. The asking price is $1,200,000. The APN is 0397-181-12. This land is situated in San Bernardino County and offers an exceptional opportunity for investors and builders seeking a substantial residential development project in a rapidly growing area.
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
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.