0 Adelanto Rd & Oleander St, Adelanto, CA 92301
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.
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
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