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Highland, CA
For the first time on the market in 65 years, the ±3 acre Pacific Street property is one of the last remaining pieces of undeveloped land in this submarket, other than what has already recently sold. The city of Highland has multiple major compelling factors, i.e. a newly opened Costco, and new stores under construction for Stater Bros, Dutch Bros, Extra Space Storage and more. The site is a short drive to the Yaamava Resort & Casino. The flat, flag-shaped parcel has zoning that ranges from 5 units-to-12 units per acre. A developer could either build for-sale housing or for-rent housing. Nearby comparable sales are in the 550k range and those are for homes built in the 1960’s/1970’s, thus new housing would achieve a premium. The site has an easement that allows drainage to the south, and utilities are to the site or very close by.
Highland, CA
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To learn more about the project, reach out to the project broker(s).
Mr. Brislin joined The Hoffman Company in the fall of 2009, and as of winter 2023 has closed in excess of $450,000,000 worth of development deals. Prior to his start at The Hoffman Company, he was a Title Officer (T.O.)/Asst. VP at Fidelity National Title Insurance Company for seven years where he was the lead subdivision T.O. for the major homebuilder accounts, including SunCal Cos. who at that time was the largest master developer in the western region of the United States. Bryant also worked as a commercial title officer on various asset classes, such as office, hospitality, industrial and retail properties. In March of 2012, Mr. Brislin was awarded the prestigious Larry Webb Leadership Award by the Urban Land Institute (ULI) of Orange County/Inland Empire. He currently serves as the assistant vice chair of the Housing product council for the ULI. Bryant has worked to become an expert on both the urban infill markets of Los Angeles, as well as the residential suburbs of the Inland Empire, Ventura County and Southern California in general.