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Property profile

0 Adelanto Rd & Oleander St Adelanto, CA 92301

OFF-MARKET
Specialty properties
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160 ac lot

Property summary

AI-generated overview

Exceptional investment opportunity: 160 acres of commercially zoned land in Adelanto, California. This prime development site boasts a strategic location, just two miles north of the Southern California Logistics Airport (SCLA), positioned for significant future appreciation. The property is designated RL-5 zoning, allowing for a wide array of non-residential uses, including light and heavy industrial, retail, office, and other commercial ventures. Its proximity to the Adelanto ADD Airport Development District further enhances its versatility. The land's value is $9,300 per acre, totaling $1,488,000. Nearby infrastructure improvements, including enhancements to Adelanto Road, will significantly improve accessibility. This site benefits from its adjacency to a major renewable energy project: Goldman Sachs Renewable Power's 100MW solar PV plant with a 50MW battery storage facility, currently under construction to the south. This project underscores the area's commitment to sustainable development and future growth. The property's APN is 0460-103-06 & 07, located at the intersection of Adelanto Road and Oleander Street, Adelanto, CA 92301. This presents a rare chance to acquire a substantial parcel in a rapidly developing area with excellent potential for long-term returns.

Property profile

Verified
Property type Specialty properties
Lot 160 ac (6,969,600 SF)

Cap rate & NOI

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

Value estimations

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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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