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Retail Space with Secondary Structure
For Sale
$550,000

56560 29 Palms Hwy, Yucca Valley, CA 92284

Flexible main building with an additional structure and room for parking or expansion.

Property Size1,560 SF
Lot Size0.60 Acres
Price / SF$352.56
Days on Market69

Property Features for 56560 29 Palms Hwy

General Information

Standard status Active
Size 1,560 SF
Lot size 0.60 Acres

Building Details

Year Built 1978
Buildings 2
Listing Agency: Accurate Investment Management
Listed By: Katy Fajardo
Source: Myfabuloushome
Added: Aug 2 Changed: Oct 7 Last Checked: Oct 7 at 5:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Accurate Investment Management

Investment Insights

Based on property information with market context.

This retail property includes a 1,560-square-foot main building constructed in 1978, along with a smaller secondary structure that can support storage or office functions. The main building offers an adaptable layout, while the 0.60-acre parcel provides space for parking and possible expansion.

Located at 56560 29 Palms Hwy in Yucca Valley, the property sits in an area characterized by substantial traffic and established businesses. Its setting serves both local and visitor activity, providing exposure along a commercial highway corridor. The site combines a retail-oriented building with additional land and an auxiliary structure for flexible business use.

Key Highlights

  • 1,560‑square‑foot main building constructed in 1978
  • 0.60‑acre lot totaling 26,265 square feet
  • Smaller secondary structure provides additional storage or office utility

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,361
Cap Rate
4.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$447,220 $447.2K
Cap Rate 7%
$319,443 $319.4K
Cap Rate 9%
$248,456 $248.5K
Market Conditions
NOI Build-Up for 1,560 SF
Gross rent
$33.7K $21.60/SF
− Vacancy
−$1.8K −$1.12/SF
EGI
$31.9K $20.48/SF
− OpEx
−$9.6K −$6.14/SF
NOI
$22.4K $14.33/SF
Area
San Bernardino County, CA
Vacancy
5.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$447,220
Cap Rate 7%
$319,443
Cap Rate 9%
$248,456

Alternative Uses

Best Use
Retail
$319.4K
$279.5K – $372.7K (±1% cap)
NOI $22,361 @ 7.0% cap · market cap 4.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$329.1K
$287.9K – $383.9K (±1% cap)
NOI $23,034 @ 7.0% cap · market cap 4.19%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Pharmacy Parking Lot & Garage Big Box & Wholesale Store Kitchen & Bath Showroom Bakery Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

658
Businesses Nearby

Demographics for 92284, CA

25,931
Population
12,255
Households
2.1
Avg Household Size
44
Median Age
21%
College-Educated
89%
High-School Grad
127.5 sq mi
ZIP Area
203
Density / Sq Mi
$52,886
Median Household Income
$36,817
Median Earnings
$1,346
Median Rent
$314,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible main building with an additional structure and room for parking or expansion.
Where is this retail space located?
The property is located at 56560 29 Palms Hwy Yucca Valley, CA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 1,560‑square‑foot main building constructed in 1978; 0.60‑acre lot totaling 26,265 square feet; Smaller secondary structure provides additional storage or office utility
More about this property
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