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Property profile

0 Palmdale Rd Adelanto, CA 92392

OFF-MARKET
Land
4.5 ac lot
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Property summary

AI-generated overview

This exceptional 4.5-acre commercial land parcel presents a compelling investment opportunity in the thriving Victorville, CA market (zip code 92392). Situated at the intersection of Palmdale Road and Cross St Vincent Drive, this property boasts excellent visibility and accessibility due to its corner lot configuration and location between two major freeway feeder corridors. The site benefits from high daily traffic counts, averaging 29,336 vehicles per day on Palmdale Road, a key east-west artery providing convenient access to the 15 and 395 freeways. The land is flat and ready for immediate development, making it ideal for a variety of commercial uses. The property's location offers significant advantages, including proximity to established retail centers and a high-growth, affordable market. The site's layout ensures easy access and prominent frontage on Palmdale Road. While a land lease is a possibility, the owners prefer an outright sale. The APN is 3103-601-10-0000. The asking price is $750,000, translating to $177,000 per acre. Development services are available for those interested in a build-to-suit arrangement. This property is ripe for development and represents a strong investment in a dynamic and growing area.

Property profile

Verified
Property type Land
Lot 4.5 ac (196,020 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Palmdale Rd Adelanto, CA 92392
Adelanto metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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