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Investment Highlights

  • Up to 109 residential units possible

Executive Summary

The property was recently rezoned to R-M12 or Residential Medium - 12 units per acre. Potential location for up to 109 homes, apartments, condominiums. Mobile homes are described as requiring a CUP per the city land use documents on the City of Adelanto webpage. Also solar and wind generation are listed as potential uses.

Property Facts

Price $525,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Multifamily
Total Lot Size 9.09 AC
Zoning R-M12

1 Lot Available

Lot

Price $525,000
Price Per AC $57,748.15
Lot Size 9.09 AC

Vacant 9.11 acre lot at the northeast corner of Cassia Road and Verbena Road in Adelanto. Located within a designated opportunity zone.

Description

9.11 Acres that was recently rezoned to R-M12 or residential medium 12 units per acre. Potential for 109 homes, apartments, senior care facility. The City's new use matrix also lists solar power and wind power as potential uses. CUP required for mobile home parks. Check with the City for any proposed uses.

Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
3128-141-12
Land Assessment
$364,140
Improvements Assessment
$0
Total Assessment
$364,140
  • Listing ID: 26935108

  • Date on Market: 10/25/2022

  • Last Updated:

  • Address: Cassia Rd, Adelanto, CA 92301

Contact the Sale Advisor

Cassia Rd

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