154 Sespe St Landers, CA 92285
This exceptional 9.43-acre commercial property in Landers, California, presents a unique investment opportunity. Located in San Bernardino County, the land boasts breathtaking views of the surrounding mountains, including Mt. San Gorgonio, the Bullion Mountains, the Big Horn Mountains, and Goat Mountain. The property features natural rock formations and boulders, offering privacy and a dramatic landscape. While the listed address is for marketing purposes only, the actual location is on Sespe Street, approximately 660 feet east of Bowman Trail. The lot is situated on a gentle slope and appears to have underground utilities for water and potentially power, accessible via Bowman Trail. The property's rural residential zoning may allow for multiple structures, including houses and guest houses, making it ideal for various development possibilities. Note that buyers are responsible for verifying zoning regulations and utility availability with the County of San Bernardino Planning Department and relevant utility agencies. The property's proximity to Joshua Tree National Park (18 miles), a major tourist destination attracting approximately 3 million visitors annually, and Palm Springs (45 miles), adds significant potential for future appreciation. Los Angeles is approximately 139 miles away. The APN is 0630-281-54-0000. GPS coordinates are 34.257622, -116.339193. An adjacent parcel is also available for purchase. Asking price is $55,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.