Add Listing
    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

    54850 29 Palms Hwy Yucca Valley, CA 92284

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Renovated lifestyle hotel near Joshua Tree National Park.

    Property size:
    46,873 SF
    Lot size:
    4.19 Acres

    Property Features for 54850 29 Palms Hwy

    General Information

    Standard status
    Active
    Zoning
    C-G General Commercial
    Size
    46,873 SF
    Lot size
    4.19 Acres

    We can help!

    Listing Contact
    Harry Pflueger
    Source: Crexi

    Listing Agency: Maxim Hotel Brokerage Inc Listing Agent: Harry Pflueger

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    69-Key Hotel Near Joshua Tree

    This is a 69-key lifestyle hotel located near Joshua Tree National Park in Yucca Valley, California. The property underwent a significant renovation in 2024, with over $7 million invested in upgrades to the room interiors, lobby, outdoor common areas, and building façade. These improvements have repositioned the hotel as a leading lodging option in the Joshua Tree market. The hotel features amenities such as a grab-and-go dining area and lobby café, a gear shop, an outdoor pool, a hot tub, a fire pit, a seating area, and a bocce ball court. Additionally, there is a separate full-service restaurant building on the east side of the site, which is currently vacant. This building has its own exterior entrance and allocated parking, offering the potential for self-operation or lease to a third-party user. Situated 13 miles from the entrance of Joshua Tree National Park, the hotel caters to leisure visitors. Increased tourism to Joshua Tree National Park has led to the growth of new restaurants, cafes, bars, and boutiques in the local economy. The hotel is also located approximately 30 miles from Palm Springs. The property size is 46873 square feet.
    Location Intelligence

    Current Use by Public Records

    Field Station Joshua ... Hotel & Motel

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Building Supply Gym & Fitness Center Auto Repair Shop Big Box & Wholesale Store Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Yucca Valley
    County
    San Bernardino
    State
    California
    Longitude
    -116.4675708
    Latitude
    34.1155526

    Nearby Similar for Sale

    • $525,000
      2,300 SF

      Remodeled Retail Building in Yucca

      Remodeled 2,300 SF retail building with highway exposure.
      56334 29 Palms Hwy, Yucca Valley, CA 92284
      View Details
    • New
      $720,000
      4,185 SF

      Multifamily Property in Yucca Valley

      Five-unit residential income property in the heart of Yucca Valley.
      7772 Jemez Trl, Yucca Valley, CA 92284
      View Details
    • $795,000
      5,000 SF

      Versatile Commercial Property in Yucca Valley

      2.3-acre lot with 5000 sq ft building and living quarters.
      4828 Newton Ln, Yucca Valley, CA 92284
      View Details
    • New
      $549,900
      Pending

      Three Homes on One Lot

      Investment opportunity: three homes on one lot in Yucca Valley.
      7344 Palm Ave, Yucca Valley, CA 92284
      View Details
    • $149,000
      900 SF

      Yucca Valley Mixed-Use Parcel

      Commercial/residential parcel in Yucca Valley's historic Old Town.
      55945 Yucca Trl, Yucca Valley, CA 92284
      View Details
    • $750,000

      Highway Frontage Commercial Property

      Commercial property near Yucca Valley with highway frontage.
      56341 29 Palms Hwy, Yucca Valley, CA 92284
      View Details
    • $330,000

      Retail Space with Development Potential

      Versatile retail space with two adjacent lots in Yucca Valley.
      59006 29 Palms Hwy, Yucca Valley, CA 92284
      View Details
    • $749,000

      Yucca Valley Commercial Building

      3,360 sq ft commercial building in prime Yucca Valley location.
      7245 Joshua Ln, Yucca Valley, CA 92284
      View Details
    • $1,650,000

      Prime Corner Restaurant Property

      Restaurant property on a corner lot with growth potential.
      55792 29 Palms Hwy, Yucca Valley, CA 92284
      View Details
    • $5,700,000

      Yucca Valley Retail Investment Opportunity

      Value-add retail center in high-growth Inland Empire. Lease-up potential.
      57980 29 Palms Hwy, Yucca Valley, CA 92284
      View Details
    • $1,349,000

      Yucca Valley Commercial Building

      Commercial building in Yucca Valley with income upside potential.
      57353 29 Palms Hwy, Yucca Valley, CA 92284
      View Details
    • $1,100,000

      Yucca Valley Retail Opportunity

      Retail space with parking lot near Joshua Tree National Park.
      55875 29 Palms Hwy, Yucca Valley, CA 92284
      View Details

    FAQs

    What type of property is this?
    Hotel - Renovated lifestyle hotel near Joshua Tree National Park.
    Where is this hotel located?
    The property is located at 54850 29 Palms Hwy Yucca Valley, CA.
    What are key features of this property?
    This property features: - Fully renovated 69-key lifestyle hotel with over $7M in upgrades.; - Proximity to Joshua Tree National Park, a market with significant tourism.; - Amenities include outdoor pool, hot tub, fire pit and more.
    Request Owner's contact information
    54850 29 Palms Hwy Yucca Valley, CA 92284
    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.
    54850 29 Palms Hwy
    Yucca Valley, CA 92284
    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
    54850 29 Palms Hwy Yucca Valley, CA 92284
    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
    Harry Pflueger
    Real Estate License ID: 01185227
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!