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3rd Avenue & Willow st - LAND-MULTIFAMILY DEVELOPMENT OPPORTUNITY 6.29 Acres of Residential Land Offered at $999,995 in Hesperia, CA 92345



INVESTMENT HIGHLIGHTS
- Exceptional Development Opportunity
- Strategically located in close proximity to the 15 freeway
- Prime Location within a Designated Opportunity Zone
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $999,995 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| Sale Condition | 1031 Exchange | Total Lot Size | 6.29 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land |
| Price | $999,995 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 6.29 AC |
| Opportunity Zone |
Yes |
1 LOT AVAILABLE
Lot
| Price | $999,995 | Lot Size | 6.29 AC |
| Price Per AC | $158,981.72 |
| Price | $999,995 |
| Price Per AC | $158,981.72 |
| Lot Size | 6.29 AC |
6.29-acre parcel positioned at the highly sought-after northeast corner of 3rd Ave & Willow Street in Hesperia
DESCRIPTION
Exceptional Development Opportunity in a Prime Location within a Designated Opportunity Zone! Presenting a remarkable 6.29-acre parcel positioned at the highly sought-after northeast corner of 3rd Ave & Willow Street in Hesperia. With CONDITIONAL APPROVAL from the City of Hesperia, this parcel holds the potential to accommodate 92 units on a spacious 274,325 sq ft lot. Picture an impeccably designed community featuring 40 meticulously crafted 1 Bed - 1 Bath units, each generously sized at 875 sq.ft, alongside 52 inviting 2 Bed - 2 Bath units, offering spacious living quarters spanning 1077 sq.ft. Beyond the sheer numbers, this development envisions an elevated lifestyle, offering residents an array of amenities including a kids' playground, a refreshing pool, a convenient dog park, and a vibrant community center all seamlessly integrated into the site plan. Surrounded by existing homes and amidst a surge in new developments, this area stands as a focal point for growth. Strategically located in close proximity to the 15 freeway, accessibility is a breeze. For those traveling northbound on I-15, simply take the Main Street exit, turn right, then left onto 3rd Ave. The parcel occupies the coveted northeast corner of 3rd Ave & Willow St. The listed price encompasses the architectural and engineering contract, with additional architectural plans available upon request. With CONDITIONAL APPROVAL already secured, this project offers a streamlined path for the astute buyer. Seize this golden opportunity to shape the future of this flourishing community. Buyer to collaborate with the city on future usage..
PROPERTY TAXES
| Parcel Number | 0407-052-03 | Improvements Assessment | $0 |
| Land Assessment | $169,516 | Total Assessment | $169,516 |
PROPERTY TAXES
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3rd Avenue & Willow st - LAND-MULTIFAMILY DEVELOPMENT OPPORTUNITY
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