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Hwy 395 - ±18.69 acres vacant land

18.69 Acres of Commercial Land Offered at $3,750,000 in Victorville, CA 92395

Investment Highlights

  • Nearly 1,200 feet of frontage along Highway 395.

Executive Summary

Nearly 1,200 feet of frontage along Highway 395. ±18.69 acres vacant land at the Signalized Southeast corner of Hwy 395 & La Mesa Rd. Part of the Mesa Verde Specific Plan with a zoning designation that is Commercial / Office, but is within a Medium Residential Overlay District that could allow for residential developments with a maximum density of 4-6 dwelling units per acre. Potential for development flexibility was included in the specific plan as means of meeting current or future market conditions/needs. Excellent opportunity to structure a versatile development wherein the hard corner could be utilized for commercial development and the balance can accommodate housing.
Hwy 395 average daily traffic counts exceed 34,000. The current metro area population of Victorville-Hesperia-Apple Valley in 2024 is 607,000, a 2.36% increase from 2023. The High Speed Train to Las Vegas along with the Barstow International Gateway Project has primed the regions ascent into the atmosphere as we brace for explosive economic and population growth the likes No region has ever encountered.

Attachments

395 brochure

Property Facts

Price $3,750,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 18.69 AC
Cross Streets La Mesa Rd.

1 Lot Available

Lot

Price $3,750,000
Price Per AC $200,642
Lot Size 18.69 AC

±18.69 acres of vacant land at the Signalized Southeast corner of Hwy 395 & La Mesa Rd.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3134-131-01
Land Assessment
$1,630,745
Improvements Assessment
$0
Total Assessment
$1,630,745

zoning

Zoning Code Specific Plan (Specific Plan with a zoning designation that is Commercial / Office, but is within a Medium Residential Overlay District that could allow for resident)
Specific Plan (Specific Plan with a zoning designation that is Commercial / Office, but is within a Medium Residential Overlay District that could allow for resident)
  • Listing ID: 31073071

  • Date on Market: 2/28/2024

  • Last Updated:

  • Address: Hwy 395, Victorville, CA 92395

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