Joshua Tree Commercial Land
5090 Sunfair Rd Joshua Tree, CA 92252
5090 Sunfair Rd, Joshua Tree, CA, 92252
$350,000
For Sale
$350,000
LAND - Joshua Tree, CA
Property Size2,521 SF
Lot Size0.91 Acres
Price / SF$138.83
Days on Market136
Property Features for 5090 Sunfair Rd
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- JT/CG-SCP
- Standard status
- Active
- APN
- 0607-292-12-0000
- Size
- 2,521 SF
- Lot size
- 0.91 Acres
Listing Agency
Keller Williams Beverly Hills
(310) 432-6400
439 N Canon Dr. Suite 300, Beverly HIlls, CA
Listed by
Shawn S. Kormondy · License #01451888
(323) 638-7567
Added: Mar 3 Checked: Jul 17 at 10:06 pm
MLS# 26659407
Listing URL
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering comprises four contiguous lots being sold together, presenting an opportunity to develop a restaurant on a commercially zoned corner lot in Joshua Tree. The combined lots total approximately 39,717 square feet and are zoned CG (General Commercial), which allows for various potential uses, including a restaurant, cafe, bar, or a mixed-use residential project. Approved plans and permits are available from the seller for constructing a new 2,521 square foot restaurant. A previous structure is currently located on the corner lot. The property features frontage on Sunfair Road and is located a few minutes' drive from 29 Palms Highway, which offers a selection of shops, restaurants, and entertainment venues.
Key Highlights
- Commercially zoned corner lot (CG) in Joshua Tree, ideal for a restaurant or other business.
- Large lot size: Approximately 39,717 SF.
- Approved plans and permits for a 2,521 SF restaurant are included.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.8k | $13.80 |
| − Vacancy | −$2.2k | −$0.87 |
| EGI | $32.6k | $12.93 |
| − OpEx | −$8.1k | −$3.23 |
| NOI | $24.4k | $9.70 |
2,521 SF · lease $13.80/SF/yr · vacancy 6.30% · expense 25.00%
Alternative Uses
Best Use
Retail
$516.2K
$451.7K – $602.3K
NOI $36,135 @ 7.0% cap · market cap 10.32%
Second Best
Specialty Retail
$349.3K
$305.6K – $407.5K
NOI $24,449 @ 7.0% cap · market cap 6.99%
Theoretical Best
Office A
$531.8K
$465.3K – $620.4K
NOI $37,224 @ 7.0% cap · market cap 10.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Commercially zoned land suitable for restaurant or mixed-use development.
Where is this commercial land located?
The property is located at 5090 Sunfair Rd Joshua Tree, CA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Commercially zoned corner lot (CG) in Joshua Tree, ideal for a restaurant or other business.; Large lot size: Approximately 39,717 SF.; **Approved plans and permits for a 2,521 SF restaurant are included.**
