Views - Seller Financing
Address
0 Parkdale Road El Mirage, CA
Price
$ 1,499,000
Property Attributes
  • MLS#OC18199737
  • TypeLand
  • CountySAN BERNARDINO
  • CityEl Mirage
  • AreaEl Mirage
  • Zip92301
  • Style
  • Price$ 1,499,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size40 Acres
Listing Provided Courtesy Of:
Gregg Cochran with Gregg Cochran, Broker - 949-667-0322
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

40 AC parcel (1/4 mi by 1/4 mi) square in shape. Land is flat. Extensive land records search prove the property has water rights and 50% mineral rights which run with the land. Northern portion of parcel is lies along the southern edge of the approved High Desert Corridor (HDC, tentatively named S-330). The approved 50 mile expressway has been designed to have 8 vehicle traffic lanes (east/west) and 2 high speed rail lanes running from Palmdale (West) to Apple Valley (East). The intersection with Sheep Creek Rd. is a designated on/off ramp site and train stop for passengers. Recently Virgin Rail purchased the Hi-Speed Train rights and has sought approval to commence construction. Per recent reports/updates by the Joint HDC Commission, commencing in June 2018 LA county has begun land acquisition and/or identification to commence the right-of-way from Palmdale east to the county line. This property is approximately 4 miles from the county line. Per San Bernardino county traffic survey, Sheep Creek Rd average daily traffic count is 1547 vehicles and El Mirage Rd is 2554 vehicles. Caltrans HDC final traffic study June 2014, estimate the Sheep Creek/HDC interchange to have an average daily traffic count of 4410 vehicles. Also note, site sits atop 2000+ acre feet of water. Electricity and natural gas lines are nearby. This is a development opportunity with extreme potential upside growth.

Price History
8/16/2018 Listed $1,999,000
12/20/2018 26% - $1,499,000
11/14/2020 34% - $999,995

General Features

Community Features Rural
Listing Agent Gregg Cochran - BRE#01135909
Listing Agent State License 01135909
MLS Area ELMG - El Mirage
Property Type Land
Senior Community Y/N No
Special Listing Conditions Standard
Status Active
Terms Cash, Cash to New Loan, 1031 Exchange, Owner May Carry
View Mountain(s)
Zoning RL

Exterior Features

Lot Features Corner Lot, Level, Rectangular Lot, Street Level
Lot Size Acres 40
Lot Size Area 1742400
Lot Size Source Assessor
Lot Size Square Feet 1742400
Lot Size Units Square Feet
View Y/N Yes
Water Source See Remarks

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 92301

Price
AVG $320K
$1.5M
Visits
AVG 69
241

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