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US Highway 395 & Bear Valley Rd
Victorville, CA 92392

HWY 395 Hard-Corner Signalized Intersection · Land For Sale · 3.45 AC

Investment Highlights

  • Heavy traffic on Bear Valley Road and Hwy 395
  • Low competition for fast food/QSR in the area
  • Early involvement in the entitlement process
  • New residential projects in the area add to demand for restaurants

Executive Summary

Planning is in progress for a gas station and convenience store and car wash on this well-situated 3.45 AC parcel on the well traveled intersection of Highway 395 and Bear Valley Road. While no plans have been submitted yet to the City of Victorville, a conceptual drawing indicates that a remainder of about 1.5-1.6 AC on the east side of the parcel fronting Bear Valley Road. Ownership is seeking a buyer interested in collaborating on the entitlements and eventually purchasing the remainder parcel. While the owner prefers to separate a parcel and sell, they will also consider a well-qualified tenant for a land lease.

PROPERTY FACTS Under Contract

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Carwash
  • Drugstore
  • Fast Food
  • Hold For Development
  • Hold For Investment
  • Office Park
  • Service Station
  • Storefront
  • Storefront, Retail or Office
  • Strip Center
Total Lot Size 3.45 AC
Cross Streets Bear Valley

1 Lot Available

Lot

Price $3,500,000
Price Per AC $1,014,493
Lot Size 3.45 AC

Total parcel is about 3.45 AC. Ownership is planning a gas station, c-store and car wash on the corner, but does not need the approx 1.5 AC on the eastern side of the parcel. Lot line is TBD, property is not entitled and parcel map not submitted.

Description

This is an undeveloped large corner parcel on the southeast corner of Highway 395 and Bear Valley Road. The intersection is signalized and sees heavy traffic, as Bear Valley Road is one of the main arterial roads through Victorville and into Apple Valley to the east. The opportunity is ideal for a fast food/QSR or retail use. Access will be shared with the ownership on Bear Valley Road, as the owner is in the process of entitling a gas station, C-store and car wash.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3071-511-06
Land Assessment
$2,440,778
Improvements Assessment
$0
Total Assessment
$2,440,778

zoning

Zoning Code General Commercial (General Commercial)
General Commercial (General Commercial)
  • Listing ID: 27160392

  • Date on Market: 11/21/2022

  • Last Updated:

  • Address: US Highway 395 & Bear Valley Rd, Victorville, CA 92392

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