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$ 189,500
Est. payment /mo
Price Dropped by $10K
15750 Olalee Apple Valley, CA 92307
0.73 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26068733
Lot Size 0.735 Acres
Property Sub-Type Lots/Land
Property Description
Unlock the potential of this prime multi-family development opportunity in the growing High Desert community of Apple Valley. This 32,000 SF (nearly -acre) unimproved parcel (APN: 0473-113-09-0000) is ideally located on Olalee Road and offers a ready-to-build canvas for your next residential investment. Zoned Multi-Family Residential (R-M), the property allows for up to 20 dwelling units per net acremaking it well-suited for apartment development in a market experiencing steady growth and increasing housing demand. Essential utilities including water, sewer, and power are available at the site, helping streamline development timelines and costs. Positioned near St. Mary Medical Center and surrounded by established medical offices, the location is highly desirable for tenants seeking convenience and accessibility. Residents will also enjoy close proximity to everyday retail and dining options such as Target, Walmart, Albertsons, Starbucks, and Tom's Family Restaurant. Adding to its accessibility, the property is located less than five minutes from California State Route 18 (Happy Trails Highway), providing convenient regional connectivity. Adding to its long-term investment appeal, Apple Valley is set to play a key role in regional transportation with the upcoming Brightline West, which will connect Los Angeles to Las Vegas. With construction anticipated to begin in 2025 and operations projected by 2028, the project is expected to bring approximately 10,000 jobs and significant economic growth to the area. Whether you're a developer or investor, this property presents a rare
Location
State CA
County San Bernardino
Direction Please use the next-door neighbor's address, 15814 Olalee Rd, Apple Valley, CA 92307.
Interior
Fireplace No
Exterior
Utilities Available Electric, Natural Gas
View Y/N No
Others
Senior Community No
Tax ID 0473113090000
Acceptable Financing Cash, Seller May Carry
Listing Terms Cash, Seller May Carry

Listed by Scott Vu, DRE#01844487 Nexus Commercial
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