Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers

    702 Bell Rd Johnson Valley, CA 92285

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

    2.5 acres near King of Hammers race grounds.

    Type:Land
    Lot size:
    2.50 Acres
    Added:
    Apr 27, 2026
    Days on Market:
    9
    Last Refresh:
    Apr 27 at 9:36 am

    Property Features for 702 Bell Rd

    General Information

    Standard status
    Active
    Lot size
    2.50 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Nicole Craft

    Listing agent Nicole Craft License #02001955

    Listing office Lucerne Valley Properties, Inc

    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 Lucerne Valley Properties, Inc

    Overview

    Johnson Valley Land Opportunity

    This 2.5-acre property is located in Johnson Valley, near Landers and across the highway from the King of The Hammers race grounds. Power access is available from nearby power poles. The property has access to Bighorn Desert View Water Company's bulk water hauling stations. The location provides access to multiple neighboring cities. Ocotillo Rd connects to Old Woman Springs Rd for commuting to Yucca Valley, Joshua Tree, 29 Palms, and the 10 freeway to Palm Springs. Ocotillo Rd west to Larrea Rd leads towards Lucerne Valley, Big Bear, Barstow, and the 15 freeway. The property does not have an assigned address; "702 Bell Rd" is for listing purposes only. The APN is 0454-191-72-0000.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Johnson Valley
    County
    San Bernardino
    State
    California
    Longitude
    -116.5530457
    Latitude
    34.3497469

    Nearby Similar for Sale

    • $30,000

      Johnson Valley 5-Acre Land Parcel

      5-acre parcel near Johnson Valley OHV Park.
      5168 Lazy Lane, Johnson Valley, CA 92285
      View Details
    • $30,000

      Johnson Valley Vacant Land Opportunity

      2.5 acres of vacant land near Highway 247.
      15 Old Woman Springs Road, Johnson Valley, CA 92356
      View Details
    • $30,000

      Johnson Valley Land For Sale

      2.5 acre vacant land with highway frontage and nearby power.
      43 Old Woman Springs Road, Johnson Valley, CA 92356
      View Details
    • $30,000

      Johnson Valley Vacant Land Opportunity

      2.5 acres of vacant land near Highway 247.
      29 Old Woman Springs Road, Johnson Valley, CA 92356
      View Details
    • $30,000

      Johnson Valley Land For Sale

      2.5 acre vacant land with highway frontage and nearby power.
      18 Old Woman Springs Road, Johnson Valley, CA 92356
      View Details
    • $30,000

      Johnson Valley Land For Sale

      2.5 acre lot near Highway 247 with utilities access.
      42 Old Woman Springs Road, Johnson Valley, CA 92356
      View Details
    • $30,000

      Johnson Valley Land Opportunity

      2.5 acre vacant land near Highway 247.
      17 Old Woman Springs Road, Johnson Valley, CA 92356
      View Details
    • $30,000

      2.5 Acres in Johnson Valley

      Vacant land suitable for recreation, residential, or agricultural use.
      16 Old Woman Springs Road, Johnson Valley, CA 92356
      View Details
    • $30,000

      Johnson Valley 5-Acre Parcel

      5-acre parcel near Johnson Valley OHV Park.
      5168 Lazy Ln, Johnson Valley, CA 92285
      View Details
    • $150,000

      Johnson Valley Land Parcel

      4.5+ acre land parcel in Johnson Valley, California.
      0 Old Woman Springs Road, Johnson Valley, CA 92285
      View Details
    • $35,000

      Expansive Desert Land Opportunity

      5-acre lot near King of Hammers with legal access.
      0 Datura Terrace, Johnson Valley, CA 92285
      View Details
    • $35,000

      Expansive Desert Land Opportunity

      5-acre lot near King of Hammers and OHV areas.
      14 Datura Terrace, Johnson Valley, CA 92285
      View Details

    FAQs

    What type of property is this?
    Land - 2.5 acres near King of Hammers race grounds.
    Where is this land located?
    The property is located at 702 Bell Rd Johnson Valley, 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: 2.5 acres of land near King of The Hammers race grounds in Johnson Valley; Power access readily available from fronting power poles; Access to Bighorn Desert View Water Company's bulk water hauling stations
    (760) 912-2103
    We can help!
    Listing Contact
    Nicole Craft
    Real Estate License ID: 02001955
    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
    702 Bell Rd, Johnson Valley, CA 92285
    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!