Published on: Monday, November 18, 2024
Updated on: Monday, November 18, 2024
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Name: Brandon Robinson
Company: Calvary Realty
Office Phone: (909)380-0073
Cell Phone: (760)534-8135
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  Victorville Storage Development
Amethyst Rd, Victorville California , 92392
Amethyst Rd, Victorville California                                                                                          , 92392Calvary Realty
Listing ID: CL-California-12804

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Commission Split (%): 0
Quick Glance
Listing ID: CL-California-12804
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: N/A
Building Size: 186,716.00 SqFt
Lot Size: N/A
No of Stories: N/A
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
Situated on Amethyst Rd in Victorville, California, the Victorville Storage Development presents a lucrative investment opportunity within the Riverside-San Bernardino-Ontario Metropolitan Statistical Area, boasting a robust population of 4.7M residents.
Complete Details
Year Build: N/A
Building Size: 186,716
No of Stories: N/A
Total Lot Area: N/A SqFt.
No of Parking: N/A
No of Total Units: N/A
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description
Situated on Amethyst Rd in Victorville, California, the Victorville Storage Development presents a lucrative investment opportunity within the Riverside-San Bernardino-Ontario Metropolitan Statistical Area, boasting a robust population of 4.7M residents. Priced at $1,100,000, this development spans across 4.29 acres, offering a substantial rentable square footage of 85,303. The property is identified by its APN number 3105-221-10-0000, designated as vacant land with a zoning classification of NEC (Non-Essential Commercial) in San Bernardino County. Conveniently located at the cross streets of Amethyst Rd & Seneca Road and near Palmdale Blvd (Highway 18), the site benefits from a traffic count of 8,596, ensuring accessibility and visibility for potential customers. This fully entitled site, available for a competitive price of $5.89 per land sq. ft., is primed for development and is adjacent to the University Preparatory School, tapping into the local community's needs for storage solutions. With high occupancy rates and strong market demand, this development capitalizes on the region's population density, boasting 8.90 sq. ft. per capita. As the 17th largest Metropolitan Statistical Area in the country, the Riverside-San Bernardino-Ontario MSA offers significant growth potential, with a three-mile population of 91,000 and a five-mile population of 172,000. The area's high population growth, coupled with a median household income of $70K, underscores the economic viability of this investment. Moreover, the property is strategically positioned amidst new residential construction projects, indicating sustained demand for storage solutions. Benefitting from its proximity to the I15 and Highway 395 corridors, this storage development is poised to cater to the needs of both residential and commercial clients, further solidifying its position as a lucrative investment opportunity in the thriving Victorville area.
Additional Properties
Property Highlights
  • Fully Entitled Site for Only $5.89 / Sq. Ft.
  • Adjacent to University Preparatory School
  • 8.90 sq. ft. per capita
  • High Market Demand
  • High Occupancy
  • 17th Largest MSA in Country
  • Median Household Income of $70K
  • 5 Mile Population 172,000
  • High Population Growth
  • Surrounded by New Residential Construction
  • Interstate 15 and Highway 395 Corridor
Features
  • APN 3105-221-10-0000
  • Zoning Vacant Land (NEC)
  • Acreage : 4.29
  • MSA Riverside-San Bernardino-Ontario
Listing Location
Attached Documents
  • Download | 03-02-2020-Victorville-CA-Self-Storage-101-Desktop-Market-Study-Draft-Report-pdf.pdf ( 4,155.95KB)
  • Download | 20200714-Amethyst-binded-pdf.pdf ( 2,971.36KB)
  • Download | Demographic-Analysis-pdf.pdf ( 8,894.76KB)
  • Download | OM-Victorville-Storage-Development-March-2024-pdf.pdf ( 5,015.32KB)
  • Download | Property-Profile-3105-221-10-0000-pdf.pdf ( 206.10KB)
  • Download | Property-Tax-Bill-pdf.pdf ( 941.87KB)
  • Download | SITE-PLAN-Marcello-pdf.pdf ( 501.36KB)
  • Download | UNITMIX-FLOOR-PLAN-pdf.pdf ( 1,514.44KB)
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