0 Mesa St Victorville, CA 92392
This exceptional 10-acre parcel in Victorville, California, presents a remarkable opportunity for residential development. Zoned R-1, Single Family Residential, the land allows for the construction of up to five dwelling units per gross acre, totaling a potential of 50 units. Located on Mesa Street, this unimproved land boasts convenient access to essential utilities, including water, sewer, and power, already available on-site. The property's strategic location directly abuts LGI Homes Desert Willow Village, a currently active residential development with homes actively selling, indicating strong market demand. Enjoy the convenience of nearby amenities, including the Mall of Victor Valley, Target, Ross, Marshalls, Lowe's, Kohl's, Best Buy, Walmart, and various restaurants. Furthermore, this property benefits from its proximity to the future Hesperia Station for the Brightline West high-speed rail, a project expected to generate over 10,000 jobs upon completion. The high-speed rail will connect Downtown Los Angeles to the Las Vegas Strip, significantly enhancing the area's economic prospects. The property's address is Mesa St, Victorville, CA 92392, with APN 3136-351-01. Note that all information should be independently verified by the buyer. This offering presents a compelling investment opportunity in a rapidly growing area. The asking price for this exceptional property is $1,500,000.
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.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.