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Office Building with Fenced Yard
For Sale
$287,500

4488 Adobe, 29 Palms, CA 92277

Office-oriented property with private rooms, kitchen, full bathroom, detached storage, and office/retail zoning.

Property Size1,122 SF
Lot Size1.25 Acres
Price / SF$256.24
Days on Market75

Property Features for 4488 Adobe

General Information

Standard status Active
Size 1,122 SF
Lot size 1.25 Acres
Zoning office/retail

Amenities

detached garage/storage
fully fenced yard
tennis court

Building Details

Year Built 1952
Listing Agency: Libby's Realty
Listed By: Heidi Marshall · License #01204872
Source: Myfabuloushome
Added: Aug 2 Changed: Oct 10 Last Checked: Oct 7 at 1:21PM

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 Libby's Realty

Investment Insights

Based on property information with market context.

This office property includes a 1,122-square-foot building arranged with three private rooms, a kitchen, and a full bathroom. The site also includes a detached garage or storage structure, a fenced yard, and a tennis court. Built in 1952, the property offers a defined layout for office or retail use.

The 1.25-acre parcel is located at 4488 Adobe in 29 Palms, California, within minutes of the base. Office/retail zoning supports the stated commercial use profile, while the enclosed grounds and separate storage improvement add functional site features.

Key Highlights

  • 1.25‑acre fenced parcel in 29 Palms, CA
  • 1,122‑square‑foot building with three private rooms
  • Kitchen and full bathroom included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,082
Cap Rate
5.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$321,640 $321.6K
Cap Rate 7%
$229,743 $229.7K
Cap Rate 9%
$178,689 $178.7K
Market Conditions
NOI Build-Up for 1,122 SF
Gross rent
$24.2K $21.60/SF
− Vacancy
−$1.3K −$1.12/SF
EGI
$23.0K $20.48/SF
− OpEx
−$6.9K −$6.14/SF
NOI
$16.1K $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%
$321,640
Cap Rate 7%
$229,743
Cap Rate 9%
$178,689

Alternative Uses

Best Use
Retail
$229.7K
$201.0K – $268.0K (±1% cap)
NOI $16,082 @ 7.0% cap · market cap 5.59%
Second Best
Office B
$188.7K
$165.1K – $220.1K (±1% cap)
NOI $13,206 @ 7.0% cap · market cap 4.59%
Theoretical Best
Office A
$236.7K
$207.1K – $276.1K (±1% cap)
NOI $16,567 @ 7.0% cap · market cap 5.76%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

A-1 MASSAGE Alternative Medicine Practice

Suggested Use

Top Pick Plumbing Service Auto Parts Store Computer & Electronic Repair Nail Salon Building Supply Tech Support Center

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

55
Businesses Nearby

Demographics for 92277, CA

23,988
Population
13,657
Households
1.8
Avg Household Size
30
Median Age
25%
College-Educated
93%
High-School Grad
1,599.1 sq mi
ZIP Area
15
Density / Sq Mi
$55,515
Median Household Income
$40,928
Median Earnings
$1,267
Median Rent
$224,300
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office-oriented property with private rooms, kitchen, full bathroom, detached storage, and office/retail zoning.
Where is this office units located?
The property is located at 4488 Adobe 29 Palms, CA.
What is the asking price?
The asking price for this property is $287,500.
What are key features of this property?
This property features: 1.25‑acre fenced parcel in 29 Palms, CA; 1,122‑square‑foot building with three private rooms; Kitchen and full bathroom included
More about this property
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