Homes for sale - 117 Begonia, Victorville, CA 92392

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25024169

Lot Size 3.410 Acres

Property Description

This 3.41-acre Zoned Commercial Planned Unit Development (PUD) is situated within a New Market Tax Credit area, recognized as a Qualified Investment Area by the U.S. Treasury*. The Victorville Planning Department has designated the site for multiple uses, including a larger medical service facility, educational center, retail, office space, and various other possibilities. Its location within a Federal Tax Credit area enhances its appeal for development.

Accessibility and convenience for potential patients or customers are critical factors when selecting a development site. A location in a growing area with high traffic and minimal competition presents an excellent opportunity to attract and serve the local community. For instance, this parcel in West Victorville is well-suited for a medical facility offering urgent care, doctor's offices, dentistry, acute care, and additional services. The city of Victorville has zoned the site as PUD/Commercial, permitting a range of medical and commercial uses. Additionally, the flat and buildable nature of the site can help lower construction costs and timelines.

To the immediate north, a Tentative Tract Map (TTM) has been approved for the development of over 200 single-family residences as of February 2024. The site is conveniently located near US 395 and SR 18 (Palmdale Rd), with a current population of approximately 150,000 within a 5-mile radius, providing a substantial customer base for the facility. Daily traffic counts on US 395 and Palmdale Rd are around 25,000 vehicles per day per road (2023). This represents a unique opportunity to secure a prime development site for medical or other services in a rapidly growing area characterized by strong demand and limited supply.

*Consult with your financial and licensed tax partners. Street address is part of the APN; no street address has been assigned.

Location

State CA

County San Bernardino

Area Vic - Victorville

Zoning Commercial PUD

Exterior

Community Features Storm Drain(s)

View Y/N No

View None

Building

Lot Description Desert Back,Desert Front,Lot Over 40000 Sqft,Level,Rectangular Lot

Water Public,See Remarks

New Construction No

Others

Acceptable Financing Cash,Cash to New Loan,1031 Exchange

Listing Terms Cash,Cash to New Loan,1031 Exchange

Special Listing Condition Standard