0 Hwy 395 & Sycamore St Hesperia, CA 92392
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.