Dante Street Multifamily

0 Dante Street Victorville, CA 92394

0 Dante Street, Victorville, CA, 92394
0 Dante Street, Victorville, CA, 92394
FOR SALE
Property Type:
Multifamily Land
Amount:
$1,071,315
Last Verified:
Nov 16, 2024

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Highlights

  • 12.53 Acres Zoned Medium Density Multifamily (18-30 Units an acre)
  • Within the Desert Gateway Specific Plan
  • Ease of access to the 15 freeway

Description

Welcome to an exceptional opportunity in the heart of Victorville's burgeoning Desert Gateway Specific Plan. This prime 12.53 acre parcel, designated for medium density multifamily development, promises an ideal canvas for the construction of apartments or condominiums, perfectly suited to meet the growing demand for new housing units in the area.

Situated adjacent to the thriving Northgate Village apartments, this property benefits from its strategic location within a well-established multifamily residential area. The infrastructure advantage is clear: water, electric, and gas services are readily extendable to the site, streamlining the development process and reducing initial investment costs. The Desert Gateway Specific Plan itself is designed to foster a vibrant community, blending commercial and residential elements to promote a transit-oriented lifestyle. This forward-thinking approach aligns perfectly with the anticipated development of the High Desert Corridor, set to be a pivotal transportation route terminating or beginning in this very area. Additionally, proximity to the proposed Brightline high-speed rail service connecting Apple Valley, CA, to Las Vegas, NV, positions this property as an exceptional investment opportunity for developers seeking to capitalize on future connectivity and growth.

This parcel offers a rare chance to contribute to the expansion of Victorville's housing stock, meeting the increasing demand for modern living spaces in a dynamic, forward-looking community. Don't miss out on the chance to shape the future of housing in Victorville—schedule your visit today and envision the possibilities this multifamily land has to offer.

12.53 acres of vacant land designated as medium density multifamily (18-30 dwelling units an acre) within the Desert Gateway Specific Plan in the City of Victorville. The site is located near an existing multi-family development and as such, water, electric and gas can be extended to the site for development.

Lot Size: 12.53 acres


Documents

Sale Brochure (New)

Map of 0 Dante Street, Victorville, CA, 92394

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.