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Property profile & analytics
OFF-MARKET
Land

0 Mesa St Victorville, CA 92392

Property ID
Property summary
AI-generated overview

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.

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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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