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15750 Olalee Road

Apple Valley CA 92307

32000 sq. ft.
Land
Currently for sale - view listing

Overview

Unlock the potential of this prime multi-family development opportunity in the growing High Desert community of Apple Valley. This 32,000 SF (nearly -acre) unimproved parcel (APN: 0473-113-09-0000) is ideally located on Olalee Road and offers a ready-to-build canvas for your next residential investment. Zoned Multi-Family Residential (R-M), the property allows for up to 20 dwelling units per net acremaking it well-suited for apartment development in a market experiencing steady growth and increasing housing demand. Essential utilities including water, sewer, and power are available at the site, helping streamline development timelines and costs. Positioned near St. Mary Medical Center and surrounded by established medical offices, the location is highly desirable for tenants seeking convenience and accessibility. Residents will also enjoy close proximity to everyday retail and dining options such as Target, Walmart, Albertsons, Starbucks, and Tom's Family Restaurant. Adding to its accessibility, the property is located less than five minutes from California State Route 18 (Happy Trails Highway), providing convenient regional connectivity. Adding to its long-term investment appeal, Apple Valley is set to play a key role in regional transportation with the upcoming Brightline West, which will connect Los Angeles to Las Vegas. With construction anticipated to begin in 2025 and operations projected by 2028, the project is expected to bring approximately 10,000 jobs and significant economic growth to the area. Whether you're a developer or investor, this property presents a rare opportunity to capitalize on a well-located, high-potential multi-family site in one of Southern Californias emerging growth markets.

Features

32000 sq. ft. lot size
Land

Happy sellers in Apple Valley

84%
84% of sellers in Apple Valley reported that their sale price either exceeded or met their price expectations.

Apple Valley stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 21 reviews in Apple Valley over the last 12 months.

Local market activity for land plots in Apple Valley

In the last 12 months, 105 land plots similar to 15750 Olalee Road, have been sold.

This represents a 35% increase in land plots sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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