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$199,500
15750 Olalee, Apple Valley, CA 92307
0Beds
14Days Listed
1Lot Sq Ft
About This Property
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
Property Location
Map
Property Details
- Property Type
- Land
- Bedrooms
- 0
- Bathrooms
- 0
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Days on Market
- 14
- Cumulative Days on Market
- 2
- Original Price
- $199,500
Location & Neighborhood
What's nearby 15750 Olalee, Apple Valley, CA 92307
Nearby Schools
- St. Mary Regional School0.3 mi
catholic
- Unnamed School0.4 mi
elementary
Transit Access
- 0.2 mi
- 0.2 mi
- 0.3 mi
- 0.3 mi
- 202140.3 mi
Bus Stop
Local Amenities
Pharmacy
- Tri City Rx Pharmacy0.4 mi
Dining
- D' Cerboni's Ciao House0.5 mi
POI data updated 4/2/2026
Apple Valley Market Snapshot
827
Active Listings
$200K
Median Price
198
Avg Days on Market
Last updated: Apr 1, 2026
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Listed by
Scott Vu, Nexus Commercial · 714-454-5114
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$199,500