Cobalt Rd at Hook Blvd

Property Description

Lee & Associates is pleased to present the sale of a portfolio of five (5) vacant land parcels for sale in the cities of Victorville and Apple Valley. In total, the portfolio consists of 465,805 square feet (10.69 acres) of vacant land where one hundred eight (108) dwelling units and two (2) special purpose buildings may be developed. • Cobalt Road at Hook Boulevard is a multiple residential land parcel in Victorville with the zoning code of R-1 TB4 that permits a planned urban development of sixteen (16) single-family residential homes and an ADU with each home. • Outer Highway 18 North is a commercial land parcel in Apple Valley with the zoning code of Specific Plan – District 1 that permits both residential and commercial uses including the development of twenty (20) townhomes or multifamily units on the lot. • Outer Highway 18 S and Erie Road is a multiple residential parcel in Apple Valley with the zoning code of R-M that permits the development of a seventy-two (72) unit apartment complex on the lot. • Civic Drive consists of two (2) special purpose contiguous parcels in Victorville with the zoning code of Specific Plan – Regional Resource that permits the development of public social services buildings on both parcels. Located within the government hub, these parcels neighbor Victorville City Hall, Victorville Superior Court, San Bernardino Civil Court, Child Support Services San Bernardino County, San Bernardino County District Attorney, and numerous other government facilities. In the land portfolio, the properties can be purchased as either a portfolio or individually, but the two (2) land parcels on Civic Drive can only be purchased together as a pair. Strategically situated near the portfolio, the future Victor Valley station of the thrilling Brightline West High-Speed Rail offers convenient connectivity from Southern California to Las Vegas. The Victor Valley Station will be located on a 300-acre property southeast of the Dale Evans Parkway and I-15 interchange in Apple Valley. The station may serve as the future hub for connecting to the High Desert Corridor and California High-Speed Rail systems. The transportation systems make any surrounding developments more valuable.