Property profile

10550 Allen Way Lucerne Valley, CA 92356

FOR SALE
Commercial land
Property ID
US10-0587725
Built 1982
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Property summary

AI-generated overview

Discover this prime lot, zoned commercial, right in the heart of town! This property features an existing 864 sq ft garage, perfect for storage or a workshop. Situated just off the main road, it offers excellent visibility and access. Spanning 2.5 acres, the property is partially fenced and has electricity available for connection. The seller is highly motivated and has priced this property to sell quickly. Don’t miss out on this incredible opportunity to establish or expand your business! bikeScore: 28, Somewhat Bikeable walkScore: 10, Car-Dependent

Property profile

Verified
Property type Commercial land
Year built 1982
UPID US10-0587725

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

10550 Allen Way Lucerne Valley, CA 92356
Lucerne Valley metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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