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Office Building with Fenced Yard
For Sale
$287,500

4488 Adobe, 29 Palms, CA 92277

Commercial Sale, 29 Palms, CA

Property Size1,122 SF
Lot Size1.25 Acres
Price / SF$256.24
Days on Market147

Property Features for 4488 Adobe

General Information

Property type Commercial Sale
Property subtype Office
Fencing Chain Link
Directions From 29 Palms Hwy , go North on Adobe Rd, house is on the corner of Adobe Rd and Raymond Dr
Subdivision DC727 - Adobe
Standard status Active
APN 0620091040000
Lot size 1.25 Acres

Utilities

Cooling system Window Unit(s), Wall/Window Unit(s), Evaporative Cooling, Electric

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
Added: May 24 Changed: Oct 10 Last Checked: Oct 17 at 7:06AM
MLS# JT26112960

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.

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Investment Insights

Based on property information with market context.

Built in 1952, this 1,122-square-foot office property occupies 1.25 fenced acres and offers a flexible arrangement for office or retail use. The building contains three private rooms, a kitchen, and a full bathroom. A detached garage provides additional storage, while the outdoor area includes a tennis court and chain-link fencing.

The property is located at 4488 Adobe in 29 Palms, California, near the base. Zoning supports office and retail uses. Cooling is provided through wall/window units, evaporative cooling, window units, and electric systems.

Key Highlights

  • 1.25 fenced acres in 29 Palms, CA
  • 1,122‑square‑foot building with three private rooms
  • Office/retail zoning

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

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Office building - Office/retail-zoned property with three private rooms, a kitchen, full bathroom, and a fully enclosed outdoor area.
Where is this office building 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 fenced acres in 29 Palms, CA; 1,122‑square‑foot building with three private rooms; Office/retail zoning
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