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$189,500

Est. payment - /mo

0.73 Acres Lot

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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26068733

HOA Y/N No

Lot Size 0.735 Acres

Property Description

Unlock the potential of this prime multi-family development opportunity in the growing High Desert community of Apple Valley. This ±32,000 SF (nearly ¾-acre) unimproved parcel (APN: 0473-113-09-0000) is ideally located on Olalee Road and offers a ready-to-build canvas for your next residential investment.

Zoned Multi-Family Residential (R-M), the property allows for up to 20 dwelling units per net acre—making it well-suited for apartment development in a market experiencing steady growth and increasing housing demand. Essential utilities including water, sewer, and power are available at the site, helping streamline development timelines and costs.

Positioned near St. Mary Medical Center and surrounded by established medical offices, the location is highly desirable for tenants seeking convenience and accessibility. Residents will also enjoy close proximity to everyday retail and dining options such as Target, Walmart, Albertsons, Starbucks, and Tom's Family Restaurant.

Adding to its accessibility, the property is located less than five minutes from California State Route 18 (Happy Trails Highway), providing convenient regional connectivity. Adding to its long-term investment appeal, Apple Valley is set to play a key role in regional transportation with the upcoming Brightline West, which will connect Los Angeles to Las Vegas. With construction anticipated to begin in 2025 and operations projected by 2028, the project is expected to bring approximately 10,000 jobs and significant economic growth to the area.

Whether you're a developer or investor, this property presents a rare opportunity to capitalize on a well-located, high-potential multi-family site in one of Southern California's emerging growth markets.

Location

State CA

County San Bernardino

Area Appv - Apple Valley

Zoning R-M

Interior

Fireplace No

Exterior

Community Features Rural

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

View Y/N Yes

View Mountain(s), Neighborhood

Building

Lot Description 16-20 Units/Acre, Corner Lot, Level, Near Public Transit

Water Public

New Construction No

Others

Senior Community No

Tax ID 0473113090000

Acceptable Financing Cash, Owner May Carry

Listing Terms Cash, Owner May Carry

Special Listing Condition Standard

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Listed by Scott Vu Nexus Commercial 714-454-5114, DRE #01844487

NEARBY SCHOOL & BUSINESS

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15750 Olalee RD Apple Valley, CA 92307