20 ACRES RESIDENTIAL ZONED (400 UNIT EXPIRED MAP) VICTORVILLE CA

Mid/High Density Residential Development Opportunity.
Expired Approval for 400 Multi-Family Units/Apartments
Includes +/-300K Engineering, Studies, Reports & Permits
Located in Highly Ranked Snowline Unified School District.
Close to New Home Building- DR Horton, KB Home, Lennar, Richmond American Homes & LGI Homes.
Historically Low Home Supply in the Victor Valley Market.
Short Commute to Major Employment Centers- Los Angeles, San Bernardino & Riverside Counties.

65 APPROVED RESIDENTIAL LOTS (VESTING TENATIVE MAP 20368) | VICTORVILLE CA

65 Approved (VTTM 20368) Residential (7000sf Min) Lots.
Includes +/-250K Engineering, Studies, Plans , Permits & Approvals.
All Utilities Adjacent to the Property Boundary.
Located in City of Victorville Highly Desirable Golden Triangle Area.
Next to New Home Building- LGI, Legacy & KB Homes, DR Horton, Lennar, Richmond American, K Hovnanian & Others.
Historically Low New & Resale Home Supply in the Victor valley Market.
Central Major Employment Center, Logistics & Transportation Hub:
• Los Angeles, Las Vegas, Riverside, San Bernardino & San Diego

Previously Approved Tentative Map for 156 Residential (7000 sf Min) Lots.
Includes +/-250K Engineering, Studies, Plans , Permits & Approvals.
Adjacent to recently completed new subdivision by Beazer Homes.
All Utilities Adjacent to the Property Boundary.
Located in City of Palmdale’s Desirable Eastside, Close to Instate Highway 14, Downtown and the AV Commercial Center.
Close to New Home Building- KB Home, DR Horton, Richmond American Homes, K Hovnanian, Pacific Communities & Others.
Historically Low New & Resale Home Supply in the Antelope Valley (Palmdale, Lancaster) Sub-Market.
Centrally Located to Major Employment Centers, Logistics & Transportation Hubs: Los Angeles, Las Vegas, Riverside, San Bernardino

+/- 540 Acre Rare Opportunity for Future Residential or Mixed-Use Masterplan Development
Existing Residential Zoning
Owner Will Give Time to Entitle
+/- 1 Mile Interstate 215 Freeway Frontage
Ideal Commuter HUB Location Interstate Freeways- 215, 15 & 210
Central Commuter & Transport Hub to Los Angeles, Las Vegas, San Bernardino, Riverside & San Diego.
Ideal Distribution & Logistics Location.
220,000 Avg Daily Traffic Count (AADT)

+/- 107 Acre Rare Development Opportunity- Future Industrial | Master Plan | Mixed-Use.
Over 1/2 Mile 215 Freeway Frontage.
Ideal Distribution & Logistics Location.
Located at Interstate Freeway HUB:
215 Freeway
•210 Freeway
•15 Freeway
300,000 Avg Daily Traffic Count (AADT)
Central Rail and Transport Hub to Los Angeles, Las Vegas, San Bernardino, Riverside & San Diego.

Advised on the assemblage of 7 parcels of land on the purchase.
The Property was approved with a Specific Plan for +/- 1500 residential units and 100K sf of commercial.
The property was sold to an international development company.

Saxon & Company bought represented the investor group who bought the deal.
Saxon & Company represented the Seller’s and sold the 199 lots just over one- year later at a 250% return.

Saxon & Company sourced this OFF-MARKET deal which was subject to multiple bidders.
16 Recorded Final Map Residential Lots City of Artesia.
Private Builder closed the transaction with building permits near ready to issue.
Builder successfully build out the community with sales prices in the $900,000’s

Unique opportunity for an investor, developer or homebuilder to acquire large 589 lot, +/- 160-acre master plan community- inclusive of over a Million Dollars ($1,000,000) of consultant studies, city approvals and agency resource permits, civil and final engineering- with multiple potential exit strategies.
7 separate approved tentative and near final engineered subdivision maps- – #17516 (39 lots), 17582 (51 lots), 17583 (38 lots), 17585 (127 lots), 17586 (110 lots), 17587 (96 lots) & 17588 (130 lots)- all conforming to CURRENT Planning DESIGN GUIDELINES.
New housing developments- DR Horton, KB Home, Frontier Homes, Legacy, Evergreen, K. Hovnanian and others located within a few miles radius.
Several 1000’s newer resale homes are adjacent and north of the Property.
Minutes’ drive to Highway 395, US Interstate 15 and major commercial centers
100,000 Avg Daily Traffic Count (AADT) at Highway 395 & Bear Valley Road
Located within 30 to 45-minute drive to major employment centers in the San Bernardino, Riverside and Los Angeles counties
City of Victorville is known for its developer and builder friendly environment

Property Highlights

Infill Commercial and/or residential mixed-use development located in one of most desirable and highly trafficked locations in City of Victorville
17.6-acre infill site: 3.8 acres commercial (C-1) & 13.8 acres residential (R-1) 4.4- acre commercial (C-1) parcel, adjacent & to the south
Also available for sale Total approximately 8 acres commercial (C-1) Potential 500 feet plus Direct Freeway Frontage on US Highway 395
150,000 Avg Daily Traffic Count (AADT) US Highway 395 & Highway 18 (Palmdale Rd)
Several 1000’s newer resale homes surround the property and new housing developments (DR Horton, KB Home, Frontier Homes, Legacy, Evergreen and others within a few miles radius.
More rooftops more commercial demand! Located within 30-minute drive to major employment centers in the San Bernardino, Riverside and Los Angeles counties
City of Victorville is known for its developer and builder friendly environment