Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Wilson Dr 29 Palms, CA 92277

    Sponsored
    For Sale
    $120,000

    Land/Lot - 29 Palms, CA

    Lot size:
    1,742,400.00 Acres
    Days on Market:
    308
    Last Refresh:
    Jan 28 at 10:06 am

    Property Features for Wilson Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RL-5
    APN
    0634211120000
    Exterior features
    Community Features Included: Rural
    Lot size
    1,742,400.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Elijah Darin Moen

    Madelaine LaVoie (760) 369-1800

    Listing agent Elijah Darin Moen (760) 369-1800 License #02089835

    Listing date Mar 27, 2025

    MLS# JT25067223 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Wonder Valley 40-Acre Land Parcel

    This 40-acre land parcel is located in Wonder Valley, offering mountain views. The property is zoned RL-5 and is suited for recreational activities and projects. The land offers opportunities for well and solar energy use. The location is remote and removed from city life.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    29 Palms
    County
    State
    California
    Longitude
    -115.886145
    Latitude
    34.214715

    Nearby Similar for Sale

    • $395,000
      778,615.00 Acres

      Radio Station Property Near Joshua Tree

      Broadcasting-ready property with tower, fiber optics, and development potential.
      68479 29 Palms Hwy, 29 Palms, CA 92277
      View Details
    • $299,500
      1,325 SF

      Remodeled Duplex in Downtown Palms

      Fully renovated duplex with modern finishes in a prime location.
      6455 Tamarisk, 29 Palms, CA 92277
      View Details
    • $395,000
      1,301 SF

      Restored 1938 Commercial Building

      Historic 1938 commercial building in Twentynine Palms, thoughtfully renovated.
      5770 Adobe Rd, 29 Palms, CA 92277
      View Details
    • $340,000
      1,261 SF

      Leased Triplex Near National Park

      Fully leased triplex near the national park, shops, and military base.
      6570 Manzanita Ave, 29 Palms, CA 92277
      View Details
    • $399,500
      2,403 SF

      Fourplex Near Marine Corps Base

      Four-unit property near Marine Corps Base and Joshua Tree National Park.
      6444 Tamarisk, 29 Palms, CA 92277
      View Details
    • $289,000
      1,100 SF

      Well-Maintained Duplex Near Base

      Centrally located duplex with rental income potential near downtown.
      6688 Yucca 6686, 29 Palms, CA 92277
      View Details
    • $460,000
      1,500 SF

      Prime Commercial Space in 29 Palms

      Turn-key commercial space in downtown 29 Palms, near Joshua Tree.
      73489 29 Palms, 29 Palms, CA 92277
      View Details
    • $297,500
      1,122 SF

      29 Palms Commercial Opportunity

      Commercial property near the base, zoned for office or retail.
      4488 Adobe, 29 Palms, CA 92277
      View Details
    • $550,000
      3,172 SF

      29 Palms Quadruplex Investment Property

      Centrally located 4-Plex with renovation potential and income generation.
      73615 Sun Vly Dr, 29 Palms, CA 92277
      View Details
    • $795,000
      5,400 SF

      Prime Commercial Building in 29 Palms

      Fully leased commercial building in a high-traffic location near Joshua Tree.
      73501 29 Palms, 29 Palms, CA 92277
      View Details
    • $610,000
      2,500 SF

      29 Palms Apartment Investment Opportunity

      Six-unit apartment complex on 2.25 acres with expansion potential.
      6555 Indian Cv Rd, 29 Palms, CA 92277
      View Details
    • $5,000,000
      4,116 SF

      Historic 12-Unit Hotel For Sale

      Unique 12-unit hotel with on-site living quarters in 29 Palms.
      73193 29 Palms Hwy, 29 Palms, CA 92277
      View Details

    FAQs

    What type of property is this?
    Land - 40 acres in Wonder Valley with mountain views.
    Where is this land located?
    The property is located at Wilson Dr 29 Palms, CA.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: - 40 acres of pristine desert landscape.; - Remote location offering peace and quiet.; - Enjoy 360-degree mountain views.
    (310) 570-7414
    Request Owner's contact information
    Wilson Dr 29 Palms, CA 92277
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Wilson Dr
    29 Palms, CA 92277
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Wilson Dr 29 Palms, CA 92277
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Elijah Darin Moen
    Real Estate License ID: 02089835
    (310) 570-7414
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.