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Property profile & analytics
OFF-MARKET
Land

0 Helendale Rd Oro Grande, CA 92301

40 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 40 ac (1,742,400 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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