Technical
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Property profile

1 Silica Dr Victorville, CA 92395

OFF-MARKET
Land
4.21 ac lot
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Property summary

AI-generated overview

This ±4.21-acre parcel presents a remarkable opportunity in the heart of Victorville, CA. Located just north of Desert Valley Hospital, this R-2 zoned land offers significant potential for residential development. With a zoning designation allowing up to eight units per acre (subject to setbacks and development standards), this property is ideally positioned to capitalize on the growing demand for housing in Victorville. The site boasts a prime location surrounded by existing residential areas, schools, businesses, shopping centers, and medical facilities, ensuring convenient access to essential amenities. The area's commuter-friendly environment and proximity to planned tract communities further enhance its appeal. Victorville's population has nearly doubled since the early 2000s, fueling a strong demand for affordable housing. Utilities are readily accessible near the property. This is one of the few remaining multi-family zoned parcels in Victorville available for development, similar to projects completed by KB Homes across the street. The seller is motivated and will consider seller financing with a 25% or higher down payment at a market interest rate. The APN is 3091-161-03. The address is 1 Silica Dr, Victorville, CA 92395. Buyer to verify all information. This is an exceptional investment opportunity with substantial upside potential. Asking price is $395,000.

Property profile

Verified
Property type Land
Lot 4.21 ac (183,388 SF)

Cap rate & NOI

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

Location

1 Silica Dr Victorville, CA 92395
Victorville metro
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Value estimations

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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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