Property Detail

Waalew

Apple Valley CA 92307

$1,895,000

Status: Active

Property Details

Description

±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

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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