$199,500

15750 Olalee, Apple Valley, CA 92307

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.73acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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

Listing Status:
Active
Date Added:
March 18, 2026
Data Last Updated:
May 21, 2026 at 7:11AM
Listing Office:
Nexus Commercial : 714-454-5114
Listing Agent:
Scott Vu : 714-454-5114
MLS ID:
OC26068733
  • HOA Amenities: 0.0
  • Originating MLS: California Regional MLS
  • County: San Bernardino
  • Zoning: 0473113090000
  • Utilities: ElectricNatural Gas
  • Source: California Regional MLS

This listing courtesy of Scott Vu , Nexus Commercial

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby