2-Unit Storefront on Highway
55198 29 Palms, Yucca Valley, CA 92284
For Sale
New
$749,900
Commercial Sale, Yucca Valley, CA
Property Size2,800 SF
Price / SF$267.82
Days on Market5
Property Features for 55198 29 Palms
General Information
Property type
Property subtype
Fencing
Directions
Subdivision
Standard status
APN
Utilities
Cooling system
Building Details
Year built
Buildings
Listing Agency:
Power Real Estate
Listed By:
Lynda Adams · License CA #01322943
(760) 641-0225
Added: Nov 10
Last Checked: Nov 14 at 1:06AM
MLS# JT26240407
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.
This two-unit storefront property contains approximately 1,400 square feet per unit. Both spaces have been remodeled and include two bathrooms apiece, with individual electric meters. The building dates to 1951 and has ENERGY STAR Qualified Equipment cooling.
The property fronts Twentynine Palms Highway, also identified as Highway 62. Approximately 15 parking spaces serve the building, with access from both sides and parking areas at the front, rear, and side.
The property fronts Twentynine Palms Highway, also identified as Highway 62. Approximately 15 parking spaces serve the building, with access from both sides and parking areas at the front, rear, and side.
Key Highlights
- Two units, each approximately 1,400 sq ft
- Both units have been remodeled and include two bathrooms
- Each unit has its own electric meter
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,135
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$802,700
$802.7K
Cap Rate 7%
$573,357
$573.4K
Cap Rate 9%
$445,944
$445.9K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$60.5K $21.60/SF
− Vacancy
−$3.1K −$1.12/SF
EGI
$57.3K $20.48/SF
− OpEx
−$17.2K −$6.14/SF
NOI
$40.1K $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%
$802,700
Cap Rate 7%
$573,357
Cap Rate 9%
$445,944
Alternative Uses
Best Use
Retail
$573.4K
$501.7K – $668.9K
NOI $40,135 @ 7.0% cap · market cap 5.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$590.6K
$516.8K – $689.1K
NOI $41,343 @ 7.0% cap · market cap 5.51%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
264
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
$314,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Storefront properties in San Bernardino County, CA
Properties on Market for Storefront properties in San Bernardino County
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Glowing Flowers & Gifts — camino del cielo trail, yucca valley, ca 92284
Frequently Asked Questions
What type of property is this?
Storefront property - Two remodeled commercial units have separate electric meters and parking access from both sides of the building.
Where is this storefront property located?
The property is located at 55198 29 Palms Yucca Valley, CA.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Two units, each approximately 1,400 sq ft; Both units have been remodeled and include two bathrooms; Each unit has its own electric meter
