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Property profile & analytics
OFF-MARKET
Commercial real estate

72 Hacienda Rd Newberry Springs, CA 92365

250 ac lot Built 1998
Entity Owned 4-yr Hold
Property ID
US10-0762726
Property summary
AI-generated overview

This exceptional 250-acre commercial property in Newberry Springs, CA, presents a unique investment opportunity. Located directly on Interstate I-15, this mixed-use land boasts abundant water rights (455 acre-feet for the lake and 483 acre-feet for the remaining acreage). Built in 1998, the existing $4-5 million infrastructure is in good condition and readily restorable. Detailed engineering drawings are available. The property is zoned HC (Highway Commercial), allowing for diverse commercial development. County-approved General Plan Amendments and five-phase development plans are in place, encompassing a lake resort, RV park, restored water park, public services (including water/sewer treatment, fire protection, library, museum, and amphitheater), and a commercial/retail area with hotel, restaurants, gas station, and food court. A Caltrans-approved highway interchange provides direct access, and construction is underway concurrently with a new solar power station, creating further development potential. The property includes a planned truck stop and 120 acres designated for future use. Situated near Fort Irwin Military Base, Saddleback Community Church, Barstow, and pistachio farms, this property offers unparalleled potential for various commercial ventures, including tactical training bases, freight hubs, expanded RV parks, indoor/outdoor agriculture (ideal soil for Zone 9a crops), and large-scale solar farms with battery backup. The asking price is $11,000,000.

Property profile
Verified
Property type Commercial real estate
Year built 1998
Lot 250 ac (10,890,000 SF)
UPID US10-0762726
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
Current use
Occupant on record · Public records
  • Lake Dolores Waterpark Water Park
  • Dry water park Museum
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
G & Gf Enterprise LLC · 4 yrs held
G & Gf Enterprise LLC
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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