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.

+/-540 ACRE RESIDENTIAL | MIXED USE | MASTERPLAN DEVELOPMENT | OWNER GIVE TIME TO ENTITLE | ZONED RESIDENTIAL | SAN BERNARDINO CA

+/- 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.

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.

Property Highlights

Unique opportunity for an investor, developer or homebuilder to acquire up to 400 multi-family apartments units- inclusive of over a 300K of consultant studies, city approvals & agency permits, civil & final engineering: w/ multiple potential exit strategies.
One of only a few high-density, R4 zoned, residential properties, with all utility connections at or close to the Property boundary located with highly ranked Snowline School District.
New housing developments- DR Horton, KB Home, Frontier Homes, Legacy, Evergreen, K. Hovnanian & others located within a few miles radius.
Several 1000’s newer resale homes are within one-half mile of the Property.
Minutes’ drive to Highway 395, US Interstate 15 and major commercial centers.
130,000 Avg Daily Traffic Count (AADT) at Highway 395 & Palmdale Road.
Located within 30 to 45-minute drive to major employment centers in the San Bernardino, Riverside & Los Angeles counties

Unique opportunity for an investor, developer or home builder to acquire large 39 stand-alone lots, part of 589 lot, +/- 160-acre master plan community- inclusive of over a 100K of consultant studies, city approvals & agency permits, civil & final engineering: w/ multiple potential exit strategies.
Infill site, near final map recordation w/ all utilities to the site & conforming to current Planning design guidelines.
39 Lots can be combined w/ 22 graded, recorded lots (TR 17599) for 51 lots
New housing developments- DR Horton, KB Home, Frontier Homes, Legacy, Evergreen, K. Hovnanian & others located within a few miles radius.
Several 1000’s newer resale homes are adjacent & north of the Property.
Minutes’ drive to Highway 395, US Interstate 15 and major commercial centers
130,000 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 & Los Angeles counties

Property Highlights

Unique opportunity for an investor, developer or homebuilder to acquire 22 developed final map recorded lots inclusive consultant studies, city approvals and permits, civil & final engineering- with multiple potential exit strategies.
Final Recorded & developed Tract Map- #17599 (22 lots)- Graded, sewer and water installed & all utilities to the property boundary.
Adjacent to New Amber Community from Legacy Homes: Opening Summer 2018
New housing developments- DR Horton, KB Home, Frontier Homes, Legacy, Evergreen, K. Hovnanian & 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

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