39708 Calico RD

Estimated Monthly Payment: $9,120/mo 39708 Calico RD, Yermo, CA 92398 MLS# ML81780280 Commercial/Industrial Listing Status: Active
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REMARKS:

D3 Group and Keller Williams Land Division is pleased to present an opportunity to purchase two adjoining parcels located along expanding corridor of Interstate 15, located between Calico Blvd & Minneola Rd. within the City of Yermo. The offering includes 854 acres of BAP yearly water rights and 385 carry over from 2018 per Mojave Water Basin. Water rights to transfer with parcels. Water rights in this region are transferred and purchased at a premium and would provide an investor a high cap rate. There is a profitable development opportunity taking into account this highly trafficked thoroughfare between Southern California and Las Vegas and located near the high-speed rail project that has a federally approved corridor between Las Vegas and Victorville, privately funded by Virgin Trains USA. This 657 acre parcel(s) is split zoned RL & RC. Approx. 400 acres is development ready (zoned RL) for Residential Development and a small percent is (zoned RC) for Resource Conservation.

OVERVIEW:

Commercial/Industrial
Active
28618920
657
Irrigation Water Available, Water On Site, Well, Other
Other
Agricultural Use, Grade - Level, Possible Lot Split, Potential Re-Zone
Hills

FEATURES:

Y

FINANCIAL:

$2,000,000

NEIGHBORHOOD & SCHOOL INFORMATION:

  Courtesy of Danielle Davenport, Kw Bay Area Estates

 

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