An opportunity to acquire 5 Acres gross of C1 zoned land on Amethyst Road. This site is ideal for a Self Storage or Neighborhood Retail Center that is in the path of growth making it strategic asset that will appreciate well into the future. N Seneca Road Amethyst Road Palmdale Road Hwy 18
Property Highlights Two parcels totaling 5 acres Gross consisting of ±4.09 acres Net Future self storage development site could yield ±92,000 SF of rentable space Frontage on Amethyst Rd a heavily traveled north/south thoroughfare and proposed super arterial roadway surrounded by growing population Contiguous 5 acre gross parcel sold in 2017 for $2.63 /psft ($520,000.00) Reliable Self Storage an existing 92,000 SF 564 unit project on 5 acres gross to the north has an assessed value of $3.8MM
Located on 2 Future Super Arterial Roadways Victorville has invested an estimated $500 million in its infrastructure systems, which includes runways, natural gas and electricity interconnects, roadways, public utility systems, and a wastewater treatment plant. Located below the intersection of Seneca Rd and Amethyst Rd the site benefits from high daily traffic volume. Super Arterials transport large volumes of intercity and regional traffic at higher speeds than arterial roads and connect to freeways to distribute traffic to other facilities such as major and secondary arterials in the City. Super arterials have a 124-foot wide right of way consisting of six travel lanes, Onstreet parking, is restricted to distances 300 feet or greater from the signalized intersections. This city of Victorville has made road improvements a top priority to accommodate the increase of population and traffic volume on the major thoroughfares.
Ready to Build Commercial Site C1- Neighborhood retial zoning allows for a variety of neighborhood retial related services uses including self storage, neighborhood shopping center and commercial pads. Development in the City of Victorville is gaining momentum in retail, residential and industrial sectors. Identified as the logical path of progress public home builders like DR Horton, Frontier Communities and KB Homes are selling out inventory and picking up more projects expanding the city limits west. To the south of the site is Hwy 18 Palmdale Rd the dominant goods-movement corridor East- West through the High desert. Highway 18 corridor services the communities of Palmdale, Adelanto and Victorville and continues to experience steady growth. With increased residential traffic, as well as commercial traffic on the highway, the 2013 traffic count is beyond 40,000 per day.
Property Information Seneca Rd APN s 3105-221-04 & 3105-221-05 5 Acres - 92,000 SF 564 Units SIZE 5 Acres Gross - 4.09 Acres Net ZONING C1 - Commercial Amethyst Rd 5 Acres Sold 8-18-2017 for $2.63 / psft or $520,000.00 Herbert St TOPOGRAPHY MUNICIPALITY VISIBILITY FRONTAGE Level Site City of Victorville Located on Amethyst Road 260 feet on Amethyst Road UTILITIES Curb/Gutter, Electricity, Gas, Sewer, Water Buyer to Verify. PRICE $2.24/psft or $488,000.00