Wato Rd, Apple Valley, CA, 92307

Wato Rd Apple Valley, CA 92307

Wato Rd, Apple Valley, CA, 92307
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FOR SALE
Property Type:
Residential Land Development
Amount:
$455,000
Last Verified:
Oct 23, 2024

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Highlights

  • ASKING: $ 455,000
  • SIZE: ± 1.6 Acres
  • APNs: 0473-274-06,07 & 0473-313-08
  • ZONING: Multifamily (R-M)

Description

Panoramic Views of the High Desert
All Utilities At Site
Low Vacancy Rates on Apartments
Abundant Nearby Amenities

±1.6 acres of unimproved apartment land on Wato Rd in the exceptional Desert Knolls area of Apple Valley; APN: 0473-274-06,07 & 0473-313-08, These lots offer a rare opportunity in one of the most desirable neighborhoods of the High Desert, Panoramic views of the Valley. This buildable lot is zoned Multifamily (R-M) and permits up to 20 dwelling units per net acre. All utilities are available at site. The Lots are within immediate proximity to St. Mary’s Medical Center, multiple Medical Offices. Nearby amenities include Super Target, Albertsons, Starbucks, and many restaurants. Apple Valley is home to Brightline West’s future High Speed Rail Station and maintenance yard. Connecting Downtown Los Angeles to the Las Vegas Strip. The project will bring an estimated 10,000 jobs. Buyer to verify all information contained herein. Agent and their representatives are not responsible for the accuracy of these claims. Broker of record also has a controlling interest in ownership entity of the property.

Building Size: 0sq ft
Lot Size: 1.6 acres


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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.