1 Santa Fe Ave - Residential LAND FOR SALE


Hesperia, CA 92345 226,512 SF
$600,000 USD
949-419-3205
1 Santa Fe Ave, Hesperia, CA for Sale
$600,000 USD
Residential LAND - FOR SALE
1/9
226,512 SF

1 Santa Fe Ave
Hesperia, CA 92345


HIGHLIGHTS

  • ± 5.24 acre Development Site located in Central Hesperia priced at only $2.63/SF
  • Zoning/General Plan Land Use is MDR (Medium Density Residential)
  • MDR Zoning allows for Densities ranging from 8-15 dwelling units per Acre
  • Potential Residential Yield on this site would be in the 41-78 Unit Range
  • Infill Location Adjacent to Existing Residential, Large Public Park
  • Level, Rectangular Site with 692' of Frontage along Santa Fe Avenue

OVERVIEW

Marcus & Millichap is pleased to offer for sale the ± 5.24 acre development site located on the southeast corner of Santa Fe Ave E. and Muscatel Street in the city of Hesperia, CA. The site is composed of two parcels of land with APNs 0410-241-11 & 12 and the site is generally level/rectangular in shape with 692’ of frontage along busy Santa Fe Ave E. The land is located in central Hesperia and is currently vacant at this time. Zoning on the site is MDR – Medium Density Residential and the General Plan Land Use designation is also MDR – Medium Density Residential. This zoning allows for residential development with densities ranging from 8-15 dwelling units per acre which would translate into a yield on this site of somewhere between 41 to 78 residential units. There are Hesperia Water District water lines located in both Santa Fe Avenue and in Muscatel Street that would service this site. The closest sewer line is in Muscatel Street approximately 340’ to the east of the northeast corner of the subject property. This parcel is located directly to the north of the 45-space Santa Fe Mobile Home Park. Lime Street Park is a 19-acre public park that is located directly to the west of the property - large public parks such as this one are valuable amenities for residential development. There is a raised BNSF rail line that runs along the west side of Santa Fe Avenue, directly across from the site. Also, there are a number of smaller multi-family properties and single-family developments located just to the east of the subject property along C Avenue.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/ACRE

$115,385/AC

PRICE/SF

$3 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

±5.24 Acres Zoned Medium Density Residential

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units, Apartment Units - Condo, Apartment Units - Senior, Hold for Development, Hold for Investment, Manufactured Homes/Mobile Home Park, Master Planned Community, Planned Unit Development

LAND ACRES

5.2 AC

LAND SF

226,512 SF

OFFSITE IMPROVEMENTS

-

ZONING

MDR

APN/PARCEL ID

0410-241-11,0410-241-12

ASK ABOUT THIS PROPERTY

Matthew WenzelMarcus & MillichapMore Info
949-419-3205

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Matthew WenzelMarcus & MillichapMore Info
949-419-3205

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.