Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Joshua Tree Land Parcel Title is generated by Realmo AI

    62460 Canterbury St, Joshua Tree, CA 92252

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    2.5 acres near Joshua Tree National Park.

    Type:Land
    Lot size:
    2.50 Acres
    Added:
    Apr 27, 2026
    Days on Market:
    12
    Last Refresh:
    Apr 27 at 8:14 am

    Property Features for 62460 Canterbury St

    General Information

    Standard status
    Active
    Lot size
    2.50 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    David Demeglio

    Listing agent David Demeglio License #02248562

    Listing office Madelaine LaVoie

    Listing date Apr 27, 2026

    Source Elliman

    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 Madelaine LaVoie

    HighLights

    • Nearly 2.5 acres of flat, usable land.
    • Open desert views and dark night skies.
    • Convenient access near Border Avenue.
    • Water line reported at the street and electricity nearby.
    • Located within reach of Joshua Tree National Park.
    • Close to shops, restaurants, art galleries, and the Joshua Tree Farmers Market.

    Overview

    This nearly 2.5-acre parcel in Joshua Tree features open desert views and convenient access near Border Avenue. The land is flat and usable, presenting an opportunity for a future build or long-term investment. A water line is reported to be at the street, and electricity is nearby; the buyer is responsible for verifying the distance, availability, and connection costs. The property is located within reach of Joshua Tree National Park, offering access to hiking, rock climbing, and protected desert landscapes. Nearby amenities include the shops, restaurants, and art galleries of Joshua Tree Village, the Joshua Tree Farmers Market, and community events held throughout the year. Expansive daytime views and dark night skies characterize this area of the Morongo Basin. The buyer is responsible for verifying zoning, utilities, property boundaries, land use, and all county building requirements. The bike score is 25, indicating it is somewhat bikeable, and the walk score is 0, indicating it is car-dependent.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Building Supply Hotel & Motel Kitchen & Bath Showroom Garden Center Bed & Breakfast Pet Store Pet Store & Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Joshua Tree
    County
    San Bernardino
    State
    California
    Longitude
    -116.3008462
    Latitude
    34.1824975

    Nearby Similar for Sale

    • $350,000

      Joshua Tree Commercial Land Opportunity

      Commercially zoned land suitable for restaurant or mixed-use development.
      5090 Sunfair Rd, Joshua Tree, CA 92252
      View Details
    • $695,000
      1,550 SF

      Joshua Tree Land with Approved Plans

      5-acre Joshua Tree parcel with approved plans for modern home.
      62775 Sullivan Rd, Joshua Tree, CA 92252
      View Details
    • $125,000

      Joshua Tree Land Development Opportunity

      Approximately 5.87 acres of flat land in Joshua Tree.
      63793 Twentynine Palms Hwy, Joshua Tree, CA 92252
      View Details
    • $875,000
      7,000 SF

      Medical Building Near Hi-Desert Center

      Five-unit medical building near Hi-Desert Medical Center and Courthouse.
      63532 29 Palms Hwy, Joshua Tree, CA 92252
      View Details
    • $35,000

      Joshua Tree Commercially Zoned Land

      Commercially zoned land in the heart of Joshua Tree.
      Sunfair Rd, Joshua Tree, CA 92252
      View Details
    • $35,000

      Joshua Tree Commercially Zoned Land

      Commercially zoned land in the heart of Joshua Tree.
      Sunfair Rd, Joshua Tree, CA 92252
      View Details
    • $1,200,000
      100 SF

      Joshua Tree Commercial Land Opportunity

      Five contiguous commercial parcels totaling 100,399 SF in Joshua Tree.
      62090 Twentynine Palms Highway, Joshua Tree, CA 92252
      View Details
    • $275,000

      Joshua Tree Commercial Land Opportunity

      9.7 acres of commercial land in Joshua Tree, California.
      6800 Mojave Ranch Rd, Joshua Tree, CA 92252
      View Details
    • $43,000

      Joshua Tree Land Opportunity

      0.45-acre lot near Joshua Tree National Park.
      0 Avenida Del Sol, Joshua Tree, CA 92252
      View Details
    • $42,000

      Joshua Tree Land in Upper Hills

      18,279 sq ft parcel in Joshua Tree's Upper Friendly Hills.
      60432 Latham Trail, Joshua Tree, CA 92252
      View Details
    • $449,000
      432 SF

      Joshua Tree Dual Income Opportunity

      Two Airbnb incomes on 1.2 acres near Joshua Tree National Park.
      62177 Jericho Way, Joshua Tree, CA 92252
      View Details
    • $180,000

      Joshua Tree Land with Approved Plans

      Residential lot with approved plans for a single-family residence.
      5059 1st St, Joshua Tree, CA 92252
      View Details

    FAQs

    What type of property is this?
    Land - 2.5 acres near Joshua Tree National Park.
    Where is this land located?
    The property is located at 62460 Canterbury St Joshua Tree, CA.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Nearly 2.5 acres of flat, usable land.; Open desert views and dark night skies.; Convenient access near Border Avenue.
    (302) 298-6319
    We can help!
    Listing Contact
    David Demeglio
    Real Estate License ID: 02248562
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    62460 Canterbury St, Joshua Tree, CA 92252
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!