42424105 Montara Road

Barstow, CA 92311
$749,990
4.98 acres | #HD24209392
Courtesy of Coldwell Banker Home Source

Description

***Come VIEW and MAKE an OFFER TODAY! Incredible RESIDENTIAL LAND OPPORTUNITY located in EXPANDING BARSTOW, CA. The TWO PARCELS (APNs 0424-241-05 & 06) listed as a package total 4.98 ACRES, and are positioned in one of the few areas of town allowing for HIGHER DENSITY developments. Situated in the MDR zoning, just south of the newly built Walmart shopping center, this site allows for up to 15 UNITS PER ACRE. At one time PLANS to develop a 73-UNIT FAMILY APARTMENT COMPLEX were underway, highlighting the vast potential for this location. All SITE PLANS, and ENGINEERING MAPS on file will be included as part of the sale. With recent news about the 4,500 ACRE, $1.5 Billion, BNSF - Barstow International Gateway (BIG) coming to the area, DEMAND for Barstow real estate has begun to skyrocket. The BNSF Facility will be the first of its kind in North America, and it's estimated this massive development will create upwards of 20,000 JOBS. With such an influx of population on its way, new developments will be needed to accommodate the coming demand, making this property an ideal investment for any savvy developer. A definite MUST SEE OPPORTUNITY before it's too late.***

  • Property Details
      • View:Neighborhood
      • Lot description:ElevenToFifteenUnitsAcre, Level, RectangularLot, StreetLevel
      • Acres:4.9833
      • Property type:Purchase
      • Utility source:Public
      • Utility features:CableAvailable, ElectricityAvailable, NaturalGasAvailable, PhoneAvailable, SewerAvailable
      • County:San Bernardino
      • Original List Price:$749, 990
      • MLS #:HD24209392
      • Cost:749990
      • Property subtype:Land
      • MLS #:HD24209392

Location

The Alcantara GroupReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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