0 Helendale Rd Oro Grande, CA 92301
This exceptional 40-acre industrial land parcel presents a compelling investment opportunity in the rapidly growing High Desert region of California. Located in Victorville, near Oro Grande, on Helendale Road (zip code 92301), this property boasts convenient access via Colusa Road, SR-395, and the 15 Freeway, ensuring seamless transportation and logistics. The land is zoned for industrial use and is situated within the Industrial Overlay Zone, offering significant development potential. The site's strategic location is a key advantage, positioned adjacent to the Southern California Logistics Center (SCLA), an 8,500-acre industrial freight hub, and a substantial 670-acre solar project developed by Goldman Sachs Renewable Power. The area has seen significant recent growth, with over 3 million square feet of new industrial leases signed in 2021. The property's proximity to existing infrastructure, including improvements to Adelanto Road, further enhances its accessibility and future value. This prime location offers excellent potential for owner-users or investors seeking a foothold in a thriving industrial market, serving a population of approximately 350,000 in the High Desert. The asking price is $1,250,000, translating to $0.43 per square foot. The APN is 046011214. The lease expiration date of March 31, 2022, is noted, though the property is currently being sold as land.
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
Physical attributes from public recordsZoning & alternative use
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.