Property profile

1202 State Highway 2 N Wrightwood, CA 92397

OFF-MARKET
Land
Property ID
US10-1086395
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Property summary

AI-generated overview

It sounds like you have an exciting opportunity with this vacant land in Wrightwood! With its prime location on Highway 2 and its flat, usable terrain, there are indeed numerous possibilities for generating income and serving the community. Here are some ideas to consider: RV Storage: Given the limited space for residents in Wrightwood, offering RV storage could be a lucrative option. Many people may not have space on their own properties for large vehicles like RVs, so providing a secure storage facility could meet a significant demand. Parking Lot: With the various recreational activities and attractions in Wrightwood, parking can often be a challenge. Creating a parking lot on the vacant land could alleviate this issue and provide a convenient option for visitors. Continuing Firewood Sales: Since the previous owner sold firewood from this location and had a good relationship with the community, continuing this service could be a viable option. Additionally, you could consider expanding the offerings to include other outdoor-related products or services. Community Events Venue: The flat, fenced land could be utilized as a venue for community events, such as outdoor markets, concerts, or festivals. This could help foster a sense of community and attract visitors from neighboring areas. Recreational Facilities: Considering the recreational nature of Wrightwood, you could explore the possibility of developing recreational facilities such as picnic areas, playgrounds, or sports courts on the land. Temporary Accommodations: Given Wrightwood's popularity as a vacation destination, providing temporary accommodations such as camping or glamping sites could be another income-generating option.Water Feature Development: Since water is already available on the property, you might consider incorporating water features such as ponds or fountains, which could enhance the aesthetic appeal of the land and attract visitors. Before proceeding with any plans, it's essential to conduct thorough research and potentially consult with local authorities to ensure compliance with zoning regulations and any other legal requirements. Additionally, market research and feasibility studies can help assess the demand for various potential uses of the land and inform your decision-making process. With careful planning and creative thinking, you can maximize the potential of this vacant land in Wrightwood. bikeScore: 30, Somewhat Bikeable walkScore: 61, Somewhat Walkable

Property profile

Verified
Property type Land
UPID US10-1086395

Cap rate & NOI

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

Location

1202 State Highway 2 N Wrightwood, CA 92397
Wrightwood metro
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Value estimations

Realmo proprietary · 4 methods
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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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