Listed by BARBARA MONROY•DRE #01230892• BM INVESTMENT CO
Contact: 909-957-1030
For sale
$1,895,000
Est. $12,328/mo —
Land
•
36.31
acres (lot)
0 Waalew, Apple Valley, CA 92307
About this home
±36 Acres | High-Density Residential Development Opportunity | North Apple Valley Growth Corridor Rare opportunity to acquire approximately ±36 acres of multifamily zoned land in North Apple Valley with potential for up to 720 units (20 units per acre) (buyer to verify). Strategically positioned on paved Corwin Road and Waalew Road, the property offers significant long-term development potential in an area experiencing continued public and private investment. Located near the expanding North Apple Valley growth corridor, the site benefits from being adjacent to the North Apple Valley Industrial Specific Plan (NAVISP) area, where major approved and under-development employment and logistics projects will help drive regional economic growth and job creation. As North Apple Valley continues to evolve, housing demand may benefit from increasing employment opportunities in the surrounding region. With approximately ±36 acres, the property presents a compelling opportunity for multifamily, build-to-rent, townhome, or master-planned residential concepts, subject to buyer verification, approvals, and development standards. Property Highlights ? ±36 Acres of residential land potential up to 20 units per acre (buyer to verify) ? Approximate development potential of up to ±720 units at maximum density (subject to approvals and site constraints) ? Located near Corwin Rd & Waalew Rd ? Near Brightline project ? Near expanding employment growth and major approved industrial investment in North Apple Valley ? Opportunity for developers, homebuilders, multifamily, or build-to-rent investors ? Large-scale land holding in the path of regional growth
This district is intended to provide an area for higher density housing types, including single family attached and multi-family homes such as duplexes, condominiums, townhouses, apartments and senior housing developments. Single family detached units are allowed on existing lots of 8,712 sq ft net acres 10,000 sq ft in the Mountain Vista neighborhood only [2]. Up to 20 units per acre may be allowed. The minimum lot size shall be 17,424 sq ftnet acres 18,000 sq ft, except for existing lots of no less than 8,712 sq ft net acres in the Mountain Vista neighborhood. The maximum number of units allowed on a parcel located in the R-M district shall be calculated by multiplying the total net area of the lot in acres by 20 units per acre.
Permitted uses
Include but are not limited to:
Housing-Senior
Educational/school
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
7/10 Fire Factor
15% chance of being in a wildfire in next 30 years
8/10 Heat Factor
7 days above 100° expected this year, 20 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
9/10 Air Factor
21 unhealthy days expected this year, 26 days in 30 years
Provided by First Street
Historical weather
Apple Valley, CA • 92307
Average low and high temperatures (°F)
60
34
66
39
74
44
73
45
83
52
93
60
95
63
97
66
90
61
82
52
67
41
65
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
95/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Apple Valley. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.3 hrs
6.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 0 Waalew
$1,693,639
$201K under list price of $1.90M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $617K to $657K.