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Property profile

0 Sumac Ct Barstow, CA 92311

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 46,400 square foot commercial land parcel in Barstow, California, presents a unique investment opportunity. Located at 0 Sumac Court, this property boasts a desirable Diverse Use (DU) zoning designation, allowing for a wide array of development possibilities. Potential uses include multi-family residential, commercial, office space, single-family residential, or a combination thereof. The land is strategically situated with high visibility from Interstate 15, offering excellent exposure for any future development. Benefiting from a prime location, the property is adjacent to established businesses such as a Pizza Hut and a Valero gas station, with a new gas station currently under construction across the street. The property's Assessed Parcel Number (APN) is 0183-081-03-0000. The asking price is $835,200, translating to $18 per square foot. A ground lease option is also available, with a base rent of $10,000 per month plus net expenses. Note that an adjacent parcel is also available. This property offers significant potential for investors seeking a versatile and well-located commercial land asset in a growing area.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

Sumac Ct Barstow, CA 92311
Barstow 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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