23921 Ocotillo Way Apple Valley, CA 92307
This exceptional 2.19-acre commercial land parcel presents a unique investment opportunity in Apple Valley, California. Located at 23921 Ocotillo Way, this property boasts a sizable 95,396 square foot lot, priced affordably at $1 per square foot. The land is zoned RL and features stunning panoramic views of Apple Valley, with clear-day visibility extending to Hesperia and Phelan. The convenient location is situated on a paved road, offering easy accessibility. Pre-installed poles provide a foundation for a chain-link fence, simplifying future development. The property's APN is 0438073270000, and it's situated within San Bernardino County, CA, zip code 92307. This prime location and expansive lot size make it ideal for a variety of commercial ventures, offering significant potential for future growth and development. The asking price of $50,000 represents an exceptional value for this sizable parcel in a desirable location. This is a rare opportunity to acquire a substantial piece of land with remarkable views and development potential in a growing area. Don't miss out on this chance to secure your future in Apple Valley.
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
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.