18.33 Ac land (Nisqualli Rd & 11th Ave)
18.33 Acres of Commercial Land Offered at $5,400,000 USD in Victorville, CA 92395
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $5,400,000
- Property Type
-
Land
Listing Contacts
Thomas Lee
Verified Profile
- Property Info
Property Overview
This exceptional opportunity presents itself to Investors and Developers who are seeking to acquire a highly desirable land parcel in the City of Victorville. It is important to note that the subject 18.33-acre parcel (3092-401-04) is currently not entitled land. However, the current owner has diligently worked on a comprehensive plan for a remarkable apartment project consisting of 264 units. Situated in the sought-after city of Victorville, this expansive lot spans an impressive 798,454 square feet, making it a prime location for development. The proposed project encompasses a total of 255,156 square feet, offering a diverse range of living options. It includes ninety-nine (99) 1-bedroom units, one hundred thirty-two (132) 2-bedroom units, and thirty-three (33) 3-bedroom units, catering to various housing needs. The development also boasts an array of amenities that enhance the residents' quality of life. These amenities include a refreshing pool and spa, a tennis court for recreational activities, and a generous parking space allocation of five hundred thirty-six (536) spots, with two hundred thirty-four (234) of them being covered. To further assist potential buyers in visualizing the project, architectural drawings will be made available upon the submission of an offer or a letter of intent. It is important for the buyer to exercise due diligence and independently verify the accuracy of all information provided by consulting with appropriate professionals. This ensures that the buyer is well-informed and can make informed decisions regarding this exceptional investment opportunity.
Property Details
- Property Subtype
- Commercial
Highlights
- Southeast corner of Nisqualli Road & Eleventh Avenue.
- 18.33 ac of the rectangular lot.
- Close to 15 FWY (Easy access).
- Heart location in the city of Victorville.
- Residential development opportunity.
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