Technical
Financial
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Property profile

0 Hwy 395 & Sycamore St Hesperia, CA 92392

OFF-MARKET
Land
17.52 ac lot
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Property summary

AI-generated overview

This exceptional 17.52-acre commercial land parcel presents a unique investment opportunity at the northwest corner of Highway 395 and Sycamore Street in Victorville, California. The property comprises two adjacent lots with distinct zoning designations, offering unparalleled flexibility for development. Parcel 09, encompassing 8.6 acres, is zoned Single Family Residential (R-1), allowing for the potential construction of up to 5 dwelling units per acre, catering to the high demand for housing in this rapidly growing area. Adjacent Parcel 10, spanning 8.9 acres, is zoned Neighborhood Service (C-1), ideal for a variety of commercial uses including retail, service, and office spaces, perfectly positioned to serve the substantial residential communities nearby. This prime location benefits from its proximity to recently completed and nearly completed residential developments like DR Horton's Verbena community and LGI's Desert Willow Village, ensuring a robust customer base. Utilities including water, sewer, and power are readily available on-site. The asking price for this strategically located property is $1,750,000. The property's dual zoning allows for a market-driven development approach, maximizing investment potential. The seller may consider offers for individual parcels. APN: 3071-341-09, 10. All information should be independently verified by the buyer.

Property profile

Verified
Property type Land
Lot 17.52 ac (763,171 SF)

Cap rate & NOI

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

Location

Hwy 395 & Sycamore St Hesperia, CA 92392
Hesperia 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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