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Auction #515

±7 AC Prime Retail Development with High-Visibility in Victorville Corridor

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  • Auction #
    515
  • Lot Size:
    ±6.71 acres
  • Transaction Fee:
    5% (Min US $25,000)

±7 AC Prime Retail Development with High-Visibility in Victorville Corridor

Land For Sale in Victorville, CA

El Elvado Plaza 15445 Palmdale Road, Victorville, CA 92392

FRE Auctions and RPM are pleased to present the Online Auction Plus® Event (allows for contingencies) for this Strategic ±7 AC Retail Opportunity in the Economic Engine of Victor Valley, CA.


El Elvado Plaza provides ±300,000 SF of buildable area for a substantial commercial development. The 5 adjacent parcels are strategically situated in a high-traffic corridor within Victorville, the largest commercial center between San Bernardino and the Nevada border.

Property Information:

  • High Visibility & Accessibility: Situated on Palmdale Road, with high daily traffic counts of over ±25,000 vehicles per day in sections, and up to ±40,000 cars/month near Cobalt Rd, ensuring prominent exposure.
  • Established Commercial Hub: Anchor tenants adjacent and across the lot (CVS Pharmacy, Cardenas and Arco) provide a consistent customer traffic.
  • Retail Corridor: The surrounding Palmdale Rd. corridor features numerous national and regional chains (Starbucks, Denny's, IHOP, Stater Bros. Markets, Five Below, Raising Cane's) creating a robust retail destination that draws consumers from the surrounding areas.
  • Freeway Access: Conveniently located just 1.4 miles west of the I-15 freeway exit, enhancing accessibility for a broader regional customer base.
  • Zoning: ±6.71 acres (±292,243 SF) zoned C-2 General Commercial, permitting a wide range of uses including retail, mixed-use, and service and medical businesses.
  • Opportunity Zone Designation: A significant portion of the property falls within an Opportunity Zone, offering potential tax benefits for investors.


Location Information:

  • Victorville has a projected population exceeding 141,000 residents by 2025, and the broader Victorville-Hesperia-Apple Valley metro area anticipated to reach 619,000 by the same year, marking a 1.98% increase from 2024. The city's median household income was reported at $67,099 as of 2023, indicative of a healthy consumer base.
  • Victorville's economy is driven by a consistent consumer base and robust workforce. The Southern California Logistics Airport (SCLA) is a major employment hub for companies like Boeing, Keurig Dr. Pepper, Newell Brands, and Plastipak Packaging, healthcare facilities such as Desert Valley Hospital, and Victor Valley College contribute to a consistent consumer base.

Downloadable Documents

Property Information

Auction Information

Property Viewing

If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.

If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.

Start Temporary Access Agreement

Financing

This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.

For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.

All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.

This auction will start in a week or so, after all available information has been gathered.

To remain informed on this auction or any auction click the star at the top of the images (log in or signup first).

Patrick Kelleher Event Manager The Future of Real Estate (FRE) (949) 706-6117 pkelleher@fre.com
Valeria Vazquez Auction Manager The Future of Real Estate (FRE) (949) 706-6119 Vvazquez@fre.com
Justin Clayton-Palmer Auction Manager The Future of Real Estate (FRE) (949) 706-6117 jclayton-palmer@fre.com
Danny Raffle Property Representative RPM (424) 281-3701 Draffle@rpmres.com
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Bid Deadline: Aug 21 5:00 pm PDT
±7 AC Prime Retail Development with High-Visibility in Victorville Corridor
Land For Sale in Victorville, CA
El Elvado Plaza 15445 Palmdale Road
Victorville, CA 92392
Auction # 515

This auction will start in a week or so, after all available information has been gathered.

To remain informed on this auction click the star at the top of the images (log in or signup first).

Property Details
  • Victorville, CA
  • Property Type: Commercial Property
  • Lot Size: ±6.71 acres
  • Transaction Fee: 5% (Min US $25,000)

FRE Auctions and RPM are pleased to present the Online Auction Plus® Event (allows for contingencies) for this Strategic ±7 AC Retail Opportunity in the Economic Engine of Victor Valley, CA.


El Elvado Plaza provides ±300,000 SF of buildable area for a substantial commercial development. The 5 adjacent parcels are strategically situated in a high-traffic corridor within Victorville, the largest commercial center between San Bernardino and the Nevada border.

Property Information:

  • High Visibility & Accessibility: Situated on Palmdale Road, with high daily traffic counts of over ±25,000 vehicles per day in sections, and up to ±40,000 cars/month near Cobalt Rd, ensuring prominent exposure.
  • Established Commercial Hub: Anchor tenants adjacent and across the lot (CVS Pharmacy, Cardenas and Arco) provide a consistent customer traffic.
  • Retail Corridor: The surrounding Palmdale Rd. corridor features numerous national and regional chains (Starbucks, Denny's, IHOP, Stater Bros. Markets, Five Below, Raising Cane's) creating a robust retail destination that draws consumers from the surrounding areas.
  • Freeway Access: Conveniently located just 1.4 miles west of the I-15 freeway exit, enhancing accessibility for a broader regional customer base.
  • Zoning: ±6.71 acres (±292,243 SF) zoned C-2 General Commercial, permitting a wide range of uses including retail, mixed-use, and service and medical businesses.
  • Opportunity Zone Designation: A significant portion of the property falls within an Opportunity Zone, offering potential tax benefits for investors.


Location Information:

  • Victorville has a projected population exceeding 141,000 residents by 2025, and the broader Victorville-Hesperia-Apple Valley metro area anticipated to reach 619,000 by the same year, marking a 1.98% increase from 2024. The city's median household income was reported at $67,099 as of 2023, indicative of a healthy consumer base.
  • Victorville's economy is driven by a consistent consumer base and robust workforce. The Southern California Logistics Airport (SCLA) is a major employment hub for companies like Boeing, Keurig Dr. Pepper, Newell Brands, and Plastipak Packaging, healthcare facilities such as Desert Valley Hospital, and Victor Valley College contribute to a consistent consumer base.

Downloadable Documents
Property Information
Property Viewing

Property Viewing

If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.

If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.

Start Temporary Access Agreement
Financing

Financing

This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.

For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.

Contact Us
Patrick Kelleher Event Manager The Future of Real Estate (FRE) (949) 706-6117 E: pkelleher@fre.com
Valeria Vazquez Auction Manager The Future of Real Estate (FRE) (949) 706-6119 E: Vvazquez@fre.com
Justin Clayton-Palmer Auction Manager The Future of Real Estate (FRE) (949) 706-6117 E: jclayton-palmer@fre.com
Danny Raffle Property Representative RPM (424) 281-3701 E: Draffle@rpmres.com

All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.

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