Storefront with Fenced
New
For Sale
$134,900
72028 29 Palms, 29 Palms, CA 92277
29 Palms, CA
Property Size520 SF
Lot Size0.14 Acres
Price / SF$259.42
Days on Market4
Property Features for 72028 29 Palms
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
RS-4
Bathrooms
1
Rooms
Office, Bathroom 1
Fencing
Chain Link
Lot features
Paved, 0-1 Unit/ Acre
View
City
Elementary school district
Morongo Unified
Middle school district
Morongo Unified
High school district
Morongo Unified
Directions
on the highway don't get lost
Subdivision
DC724 - Chocolate Drop
Standard status
Active
APN
0615104040000
Size
520 SF
Lot size
0.14 Acres
Utilities
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public
Amenities
1 bathroom
large fenced backyard
Building Details
Year built
1935
Floors in Building
1
Number of units
1
Buildings
1
Listing Agency:
Coldwell Banker Roadrunner Realty · Coldwell Banker Real Estate
(760) 365-8880
Listed By:
Jeffrey Poland · License #01363904
(760) 660-3247
Added: Oct 28
Changed: Oct 29
Last Checked: Oct 31 at 4:06PM
MLS# JT26232428
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 520-square-foot storefront, built in 1935, has an open interior with an office and one bathroom. The property sits on a 0.1377-acre lot with a chain-link-fenced rear yard and frontage on 29 Palms Highway.
The property is zoned RS-4, a residential designation. The site is in Twentynine Palms, California.
The property is zoned RS-4, a residential designation. The site is in Twentynine Palms, California.
Key Highlights
- 520‑square‑foot building on a 0.1377‑acre lot
- Frontage on 29 Palms Highway
- Open interior with an office and one bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,454
Cap Rate
5.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$149,080
$149.1K
Cap Rate 7%
$106,486
$106.5K
Cap Rate 9%
$82,822
$82.8K
Market Conditions
NOI Build-Up for 520 SF
Gross rent
$11.2K $21.60/SF
− Vacancy
−$584 −$1.12/SF
EGI
$10.6K $20.48/SF
− OpEx
−$3.2K −$6.14/SF
NOI
$7.5K $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%
$149,080
Cap Rate 7%
$106,486
Cap Rate 9%
$82,822
Alternative Uses
Best Use
Retail
$106.5K
$93.2K – $124.2K
NOI $7,454 @ 7.0% cap · market cap 5.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$109.7K
$96.0K – $128.0K
NOI $7,678 @ 7.0% cap · market cap 5.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
159
Businesses Nearby
Balanced
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Storefront property - An open interior with an office and bathroom occupies a site with frontage on 29 Palms Highway.
Where is this storefront property located?
The property is located at 72028 29 Palms 29 Palms, CA.
What is the asking price?
The asking price for this property is $134,900.
What are key features of this property?
This property features: 520‑square‑foot building on a 0.1377‑acre lot; Frontage on 29 Palms Highway; Open interior with an office and one bathroom
