Listed by JP & Associates
$1,200,000
Bear Valley Road/Cobalt-W
Details
APN 3095-012-19-0-000
Property Type Land
Sub Type Commercial
Lease Expiration 12/30/2024
Lease Options YES
Broker Co-Op Yes
Acreage 7.520
Zoning C-2 and general commercial
Ownership Fee
Land | 7.52 acres
Marketing description
Bear Valley Road (BVR) is the main commercial corridor and the primary arterial and the most traveled thorough fare in Victor Valley, connecting cities of Victorville, Hesperia and the Town of Apple Valley with Interstate 15. This 120 feet wide boulevard extends from Apple Valley to Interstate 15, then to Highway 395 and beyond.
The subject land is attached and south of the Mini Storage on Cobalt RD.
Investment highlights
- NW Corner of Bear Valley Rd. & Cobalt ST.
- Prime Bear Valley Road opportunity
- Excellent Visibility and Signage Opportunity
- 400+ feet frontage on Bear Valley road
- 640 feet on Cobalt Road on Cobalt ST.
- Halfway Between Interstate 15 and Highway 395
- Large affluent Residential Neighborhood
- In-between numerous newer/larger built houses
- 2011 Population: 1mile=11,569 & 3miles 61,199
- 2011 Median Household Income: 1 mile=$81,260.
- Flat Corner land ready for development
- Zoned C-2 and general commercial
- For Short/Long Term Ground Lease (info, listings), or
- Land For Sale (Partnership Dissolution, 4 partners)
Listing Contacts
Listed by JP & Associates
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
