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US Highway 395 & Bear Valley Rd
Victorville, CA 92392
HWY 395 Hard-Corner Signalized Intersection · Land For Sale
·
1.60 AC
INVESTMENT HIGHLIGHTS
- Heavy traffic on Bear Valley Road and Hwy 395
- Low competition for fast food/QSR in the area
- Early involvement in the entitlement process
- New residential projects in the area add to demand for restaurants
EXECUTIVE SUMMARY
PROPERTY FACTS Under Contract
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.60 AC |
| Property Type | Land | Cross Streets | Bear Valley |
| Property Subtype | Commercial | ||
| Zoning | General Commercial - General Commercial | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.60 AC |
| Cross Streets | Bear Valley |
| Zoning | General Commercial - General Commercial |
1 LOT AVAILABLE
Lot
| Price | $3,500,000 | Lot Size | 3.45 AC |
| Price Per AC | $1,014,492.75 |
| Price | $3,500,000 |
| Price Per AC | $1,014,492.75 |
| Lot Size | 3.45 AC |
Total parcel is about 3.45 AC. Ownership is planning a gas station, c-store and car wash on the corner, but does not need the approx 1.5 AC on the eastern side of the parcel. Lot line is TBD, property is not entitled and parcel map not submitted.
DESCRIPTION
This is an undeveloped large corner parcel on the southeast corner of Highway 395 and Bear Valley Road. The intersection is signalized and sees heavy traffic, as Bear Valley Road is one of the main arterial roads through Victorville and into Apple Valley to the east. The opportunity is ideal for a fast food/QSR or retail use. Access will be shared with the ownership on Bear Valley Road, as the owner is in the process of entitling a gas station, C-store and car wash.
PROPERTY TAXES
| Parcel Number | 3071-511-06 | Improvements Assessment | $0 |
| Land Assessment | $2,489,594 | Total Assessment | $2,489,594 |
PROPERTY TAXES
