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1 Santa Fe Ave - ±5.24 Acres Zoned Medium Density Residential 5.2 Acres of Residential Land Offered at $600,000 in Hesperia, CA 92345
Investment Highlights
- ± 5.24 acre Development Site located in Central Hesperia priced at only $2.63/SF
- MDR Zoning allows for Densities ranging from 8-15 dwelling units per Acre
- Infill Location Adjacent to Existing Residential, Large Public Park
- Zoning/General Plan Land Use is MDR (Medium Density Residential)
- Potential Residential Yield on this site would be in the 41-78 Unit Range
- Level, Rectangular Site with 692' of Frontage along Santa Fe Avenue
Executive Summary
Marcus & Millichap is pleased to offer for sale the ± 5.24 acre development site located on the southeast corner of Santa Fe Ave E. and Muscatel Street in the city of
Hesperia, CA. The site is composed of two parcels of land with APNs 0410-241-11 & 12 and the site is generally level/rectangular in shape with 692’ of frontage along
busy Santa Fe Ave E. The land is located in central Hesperia and is currently vacant at this time.
Zoning on the site is MDR – Medium Density Residential and the General Plan Land Use designation is also MDR – Medium Density Residential. This zoning allows for
residential development with densities ranging from 8-15 dwelling units per acre which would translate into a yield on this site of somewhere between 41 to 78
residential units.
There are Hesperia Water District water lines located in both Santa Fe Avenue and in Muscatel Street that would service this site. The closest sewer line is in Muscatel
Street approximately 340’ to the east of the northeast corner of the subject property.
This parcel is located directly to the north of the 45-space Santa Fe Mobile Home Park. Lime Street Park is a 19-acre public park that is located directly to the west of the
property - large public parks such as this one are valuable amenities for residential development. There is a raised BNSF rail line that runs along the west side of Santa
Fe Avenue, directly across from the site. Also, there are a number of smaller multi-family properties and single-family developments located just to the east of the subject
property along C Avenue.
Hesperia, CA. The site is composed of two parcels of land with APNs 0410-241-11 & 12 and the site is generally level/rectangular in shape with 692’ of frontage along
busy Santa Fe Ave E. The land is located in central Hesperia and is currently vacant at this time.
Zoning on the site is MDR – Medium Density Residential and the General Plan Land Use designation is also MDR – Medium Density Residential. This zoning allows for
residential development with densities ranging from 8-15 dwelling units per acre which would translate into a yield on this site of somewhere between 41 to 78
residential units.
There are Hesperia Water District water lines located in both Santa Fe Avenue and in Muscatel Street that would service this site. The closest sewer line is in Muscatel
Street approximately 340’ to the east of the northeast corner of the subject property.
This parcel is located directly to the north of the 45-space Santa Fe Mobile Home Park. Lime Street Park is a 19-acre public park that is located directly to the west of the
property - large public parks such as this one are valuable amenities for residential development. There is a raised BNSF rail line that runs along the west side of Santa
Fe Avenue, directly across from the site. Also, there are a number of smaller multi-family properties and single-family developments located just to the east of the subject
property along C Avenue.
Property Facts
| Price | $600,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 5.20 AC |
| Property Type | Land | Cross Streets | Muscatel St |
| Zoning | MDR - Medium Density Residential | ||
| Price | $600,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 5.20 AC |
| Cross Streets | Muscatel St |
| Zoning | MDR - Medium Density Residential |
1 Lot Available
Lot
| Price | $600,000 | Lot Size | 5.20 AC |
| Price Per AC | $115,384.62 |
| Price | $600,000 |
| Price Per AC | $115,384.62 |
| Lot Size | 5.20 AC |
Somewhat walkable
30/100
Exceptionally drivable
90/100
Limited public transit
20/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $364,400 | Total Assessment | $364,400 |
Property Taxes
Parcel Numbers
Land Assessment
$364,400
Improvements Assessment
$0
Total Assessment
$364,400
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1 Santa Fe Ave - ±5.24 Acres Zoned Medium Density Residential
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