LOCATION, LOCATION, LOCATION. ONE OF A KIND PRIME 8 ACRE MIXED USE PROPERTY, ZONED FOR A MASTER PLANNED PROJECT OF COMMERCIAL, RETAIL AND RESIDENTIAL. LOCATED RIGHT ON BUSY PAVED HIGHWAY 18 AND PAVED POWHATAN IN THE CITY LIMITS OF APPLE VALLEY.
Description: The property is located on the south side of paved Highway 18, situated just ¼ mile east of Mesquite Rd. in the Apple Valley City limits Highway 18 is the main thoroughfare in Apple Valley. The back portion of this 8-acre property fronts on paved Powhatan and is surrounded by nice single-family homes. The mixed-use zoning would permit a master planned project of commercial, retail and residential development. This property is situated in one of the most desirable locations in Apple Valley. The approximate dimensions of this 8-acre property are 264 feet of frontage on Highway 18; 1320 feet of depth and with 264 feet of frontage on Powhatan.
Zoning: Mixed Use (M-U): This zoning allows for the development of an integrated master planned project that includes retail, office, commercial and residential development, permitting a density of up to 30 dwelling units per acre. The development under this M-U zoning would be subject to the requirements and development approval of the city of Apple Valley.
Price and Terms: $599,000. 35% down payment, the balance can be financed over 5 years at 7.5% interest.