0 Apache Avenue
About This Property
Explore the possibilities of creating a private retreat, an agricultural paradise, or an off-grid haven surrounded by breathtaking vistas.With a total of 4.31 acres at your disposal, the potential for development is limitless. Imagine constructing a bespoke residential estate, a multi-unit housing project.The choice is yours!
Situated in Adelanto, a city that continues to experience significant growth, this land is strategically positioned for future success. Investors will appreciate the potential for high returns as the area flourishes.
Please note that this property currently lacks utility connections, providing a truly off-grid experience. However, the absence of existing utility lines leaves the door open for imaginative solutions and sustainable living.
As part of its raw nature, the land does not have a sewer line connected. Any development plans would require thoughtful consideration and consultation with the local authorities.
Investment Opportunity:
Don't miss this chance to be part of the exciting growth in Adelanto, CA. Act now and make this exceptional property yours!
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 10, 2025 | Sold | ||
| Sold | |||
| Nov 25, 2024 | In contract | - | |
| In contract | |||
| Oct 6, 2024 | Listed by Realty One Group United | $10,000 | |
| Listed by Realty One Group United | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017