0 Oleander St, Adelanto, CA 92301
This exceptional 2.5-acre commercial land parcel, located on Oleander Street in Adelanto, California (APN: 0460-253-42), presents a unique investment opportunity. Currently zoned Desert Living (DL-9), the property allows for the construction of a single-family home, along with various agricultural and farming uses. The flexible zoning may also accommodate certain commercial ventures, subject to obtaining a Conditional Use Permit. Strategically situated north of the substantial 1,200-acre Baldy Mesa Solar Project, developed by Amazon, this location benefits from the significant infrastructure investments in the region. The solar project, generating nearly 200 MW of renewable energy and 75 MW of battery storage, directly supports the nearby 1.2 million square foot Amazon warehouse, recently completed at the Southern California Logistics Airport (SCLA). SCLA itself is undergoing a major expansion, with over 3 million square feet already finished, nearly 1 million square feet under construction, and further expansion planned. This property offers convenient highway access and is centrally located between three High Desert communities, making it an attractive proposition for developers seeking to capitalize on the area's growth. All information should be independently verified by the buyer.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.