Commercial Property Near Marine
For Sale
$350,000
5823 Adobe Rd, Twentynine Palms, CA 92277
Retail and office space near Joshua Tree National Park.
Property Size2,530 SF
Lot Size0.10 Acres
Days on Market313
Property Features for 5823 Adobe Rd
General Information
Standard status
Active
Size
2,530 SF
Lot size
0.10 Acres
Property subtype
Commercial
Building Details
Building Size
2,530 SF
Year Built
1952
Listing Agency:
Cindy Mark Realty
Listed By:
Cindy Mark · License #01332204
(760) 367-6611
Source:
Elliman
Added: Nov 28, 2025
Changed: Sep 29
Last Checked: Oct 5 at 5:20PM
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 Cindy Mark Realty
Investment Insights
Based on property information with market context.
This large commercial building is located on the main road to the Twentynine Palms Marine Base. Currently leased to a CPR school, the property offers versatile retail and office space. The location is near the entrance to Joshua Tree National Park, which attracts outdoor enthusiasts for hiking, rock climbing, and year-round adventure. The area has favorable weather for most of the year. This property is located in a growing community.
Key Highlights
- Prime location on the main road to the Twentynine Palms Marine Base
- Currently leased, providing immediate income potential
- Versatile retail and office space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,779
Cap Rate
8.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$595,580
$595.6K
Cap Rate 7%
$425,414
$425.4K
Cap Rate 9%
$330,878
$330.9K
Market Conditions
NOI Build-Up for 2,530 SF
Gross rent
$43.1K $17.04/SF
− Vacancy
−$3.4K −$1.35/SF
EGI
$39.7K $15.69/SF
− OpEx
−$9.9K −$3.92/SF
NOI
$29.8K $11.77/SF
Area
San Bernardino County, CA
Vacancy
7.90%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$595,580
Cap Rate 7%
$425,414
Cap Rate 9%
$330,878
Alternative Uses
Best Use
Retail
$518.1K
$453.3K – $604.4K
NOI $36,264 @ 7.0% cap · market cap 10.36%
Second Best
Office B
$425.4K
$372.2K – $496.3K
NOI $29,779 @ 7.0% cap · market cap 8.51%
Theoretical Best
Office A
$533.7K
$467.0K – $622.6K
NOI $37,357 @ 7.0% cap · market cap 10.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
266
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Retail space - Retail and office space near Joshua Tree National Park.
Where is this retail space located?
The property is located at 5823 Adobe Rd Twentynine Palms, CA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Prime location on the main road to the Twentynine Palms Marine Base; Currently leased, providing immediate income potential; Versatile retail and office space
