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9882 Buckwheat Rd Phelan, CA 92371

Warehouses Google Maps
3.04 ac lot
Entity Owned 5-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$220k
Range $198k – $242k (±10%)
Property ID US10-1475060

Property summary

AI-generated overview

This exceptional 3.04-acre property located at 9882 Buckwheat Road, Phelan, CA presents a unique investment opportunity. The land offers significant potential for development, boasting a substantial size ideal for a variety of projects. While a small 100-square-foot structure currently exists on the property, its primary value lies in the expansive acreage. The location in Phelan, CA provides access to the surrounding natural beauty and offers a tranquil setting. The property's zoning and potential uses should be independently verified by prospective buyers. This is a rare chance to acquire a sizable parcel of land in a desirable area. The asking price is $1,100,000. Serious inquiries only. All information provided is deemed reliable but not guaranteed and should be independently verified. Buyers are advised to conduct their own due diligence. The property is sold "as is." Utilities and access to services should be confirmed by the buyer. This is an exceptional opportunity for investors or developers seeking a substantial land holding in a growing area. The property's size and location make it an attractive proposition for various development projects, subject to local regulations and approvals. Further details regarding the property's history and potential uses are available upon request. Don't miss this chance to secure this valuable piece of land.

Property profile

Verified
Property type Warehouses
Use group STORAGE YARD, OPEN STORAGE
Construction WOOD FRAME
Lot 3.04 ac (132,581 SF)
APN 3067-391-01-0000
UPID US10-1475060

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

since 2021
Last sale
$190,000
4 recorded transactions
2021
$190,000
2019
Price N/A
2006
$190,000
1969
Price N/A

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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Ask anything about this address in plain English.
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More about this property
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