Description

42.92 ac Commercial & Multi-Family Land in the Path of Development. In this area of West Victorville, KB Home has broke ground on a 40 ac Tract (135 lots) at Monte Vista Rd & Luna Rd, Pacific Communities has almost completed their Model Homes at Monte Vista Rd and Dos Palmas Rd (185 lots), and Richmond American has broke ground at Olivine & Mesa View (122 lots). Current projects are the first movement we have seen since 2008 in this area. Multiple projects also working on Tentative Maps. All great signs pointing towards the development of this area. The subject property is comprised of three different zones, C-2 Commercial (Estimated 15 ac), C-A Office Administrative (Estimated 5 ac), and R-3 Multi-Family (Estimated 20 ac). A General Plan update from 2023 adjusted Land Use to Commercial (20 ac Estimate) and Medium Density Residential ((12-20 units/ac)(20 ac Estimate)). So Cal Gas has an easement approximately 130ft x 90ft near the corner of Baldy Mesa Rd and La Mesa Rd. Parkview Specific Plan (owned by the Lewis Group who paid $110,000/ac), is located directed North and has plans for 715 homes, a 10 ac park, an 11 ac commercial center and a 12 ac school site. Great opportunity to acquire land in West Victorville before development eventually takes off.