Current Use by Public Records
- Lifestyle centers
Property Details for 0 Nec Yucca Loma Rd & Apple Vly Rd
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional mixed-use property in Apple Valley, California, presents a unique investment opportunity. Located at the northeast corner of Yucca Loma Road and Apple Valley Road, this strategically positioned asset boasts a total square footage ranging from 44,400 to 698,700, encompassing apartment building, medical office, and shopping center components. The property benefits from its location within a high-income demographic area, with annual average incomes within a one-mile radius reaching $146,400 – one of the highest in the Victor Valley/High Desert region. This strong economic environment is further enhanced by the recently opened and heavily trafficked Yucca Loma Bridge, which provides convenient access and is projected to see increased traffic upon full connection to the I-15 Freeway. Current traffic counts are approximately 40,000 cars per day (CPD). The property is situated in Apple Valley, a town of over 75,000 residents with an average household income exceeding $94,000, making it a highly desirable location within the High Desert and Inland Empire regions. Apple Valley's pro-business environment, encompassing 78 square miles with a sphere of influence of 200 square miles, adds to the property's long-term investment potential. This mixed-use development offers a diverse range of income streams and significant upside potential in a rapidly growing area. The property's size and diverse components provide flexibility for a variety of investment strategies and future development possibilities.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Apple Valley
- County
- San Bernardino
- State
- California
- Longitude
- -117.23
- Latitude
- 34.5004
