The SUBJECT property is located along Bellflower St. and Larkspur Rd. in Adelanto, CA. Zoned R-S5, it is irregular in shape, with a reverse step up path along the southeast corner of the parcel. A total of 2 acres, it is just north of an easement that is shared with a mobile home park and sits south of several homes and multi-family complexes. At the street connectivity to area utilities is an advantage for the Subject, compared to many raw parcels far from any infrastructure. The property is flat throughout with little vegetation and/or brush. Current zoning allows for single family dwellings of 1.1-5 dwellings per acre. Based on the size and the probable setbacks and roads required to divide the parcel, it is estimated that a 5-8 parcels could be created when the Subject is subdivided for a possible development. Buyer to verify all information with City of Adelanto. Current neighborhood surrounding the parcel is a mix between newer properties and older homes along with schools nearby and shopping minutes away along US Hwy 395. Adelanto is poised for future growth with multiple developments ongoing including residential, retail and solar. Any builder will want to look at this, or simply an investor seeking to flip or hold for a future appreciation. The High Desert is one of the fastest growing areas in the state with its affordability and opportunity for both living and working. Located within an Opportunity Zone, there is potential for certain tax benefits to develop here. Owner may carry with appropriate terms.
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