4
Map
$8,809,138
●
Land -
For Sale
3 Navajo Road
Apple Valley, CA 92308
Studio
0 Bath
$43,255
Est. Monthly
About This Property
Now offering ±57.78 acres of prime industrial land located within
the Town of Apple Valley's North Apple Valley Industrial Specific
Plan (NAVISP). Strategically positioned, the property is bordered
to the south and west by two sites approved for large-scale
industrial development totaling approximately ±2.7 million square
feet. Utility extensions will be guided by future development, with
multiple projects in the surrounding area already approved. To
support continued growth, the Town of Apple Valley has proposed the
establishment of a CFD/EIFD program to facilitate infrastructure
improvements across the NAVISP. The site offers direct access via
Cordova Road and Navajo Road, with convenient freeway connectivity
at Stoddard Wells Road to the west and Dale Evans Parkway to the
north. With approximately ±16 million square feet of industrial
space in the entitlement pipeline, this offering represents one of
the final large-scale land opportunities within the NAVISP, ideal
for developers and users seeking to capitalize on Apple Valley's
expanding industrial market.
Unit Size
-
Days on Market
552 days
Land Size
57.78 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
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-
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (CRMLS #HD25082004)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 14, 2025 | Listed by Kursch Group, Inc. | $8,809,138 | |
| Listed by Kursch Group, Inc. | |||
| Jan 23, 2025 | Sold | ||
| Sold | |||
| Jan 18, 2025 | In contract | - | |
| In contract | |||
| Dec 5, 2024 | Listed by Homequest Real Estate | $120,000 | |
| Listed by Homequest Real Estate | |||
| | |||
|
9.85 ACRE Vacant Land. Close to Apple Valley Unified School and Shopping Centers, easy connection to water, electricity and gas. Great opportunity for development.
| |||
| May 5, 2023 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Exterior Details
Lot Features: LotOver40000Sqft
Lot Size Area: 57.78
Lot Size Units: Acres
Lot Size Acres: 57.78
Lot Size Square Feet: 2516896.8
Water Source: See Remarks
Utilities Details
Sewer : None
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About Apple Valley
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Listed by: Jeremy Schmidt, Kursch Group, Inc.
Last Updated: 2 years ago
Data Source: CRMLS, MLS# HD25082004
Last Updated: 2 years ago
Data Source: CRMLS, MLS# HD25082004
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