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    49927 29 Palms Hwy Morongo Valley, CA 92256

    For Sale
    $500,000

    Highway-fronting auto shop, double lot potential.

    Property size:
    1,640 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This turnkey opportunity presents a 1,640 square foot auto repair shop situated on a double lot totaling 15,921 square feet in Morongo Valley, California. The property, built in 2000, boasts highway frontage on 29 Palms Highway (APN: 0583252040000) and benefits from high visibility with a prominent over 20-foot tall post sign, experiencing an estimated 20,000-25,000 vehicles daily. The main building features a 1,200 square foot garage with two bays, two auto lifts, large roll-up doors, ample storage, and a rear covered storage area. A separate, detached 440 square foot office building offers a restroom, waiting room, and back office. The property includes a fenced yard with eight gated parking spaces and an additional 18 spaces in an open lot, plus a covered carport. A rear alley provides convenient access. Tools and smog equipment are negotiable. This property offers significant potential for a single auto repair business or the development of two separate businesses due to its double lot configuration, each lot being approximately 8,000 square feet. The strategic location between Palm Springs and Joshua Tree makes this a highly desirable investment. Asking price is $500,000.

    Property Features for 49927 29 Palms Hwy

    General Information

    Property type
    Automotive properties
    Square Feet
    1,640 SF

    Building Details

    Year Built
    2000
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Morongo Valley
    County
    San Bernardino
    State
    California
    Longitude
    -116.5758343
    Latitude
    34.0511444

    Nearby Comparable

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      Morongo Valley Auto Repair Business

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      49927 29 Palms Hwy, Morongo Valley, CA 92256
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      Land For Sale

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      Land with Mountain Views

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    Nearby Similar for Sale

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      Morongo Valley Auto Repair Business

      Turn-key auto repair business with highway frontage in Morongo Valley.
      49927 29 Palms Hwy, Morongo Valley, CA 92256
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    FAQs

    What type of property is this?
    Automotive property - Highway-fronting auto shop, double lot potential.
    Where is this automotive property located?
    The property is located at 49927 29 Palms Hwy Morongo Valley, CA.
    What is the asking price?
    The asking price for this property is $500,000.
    Request Owner's contact information
    49927 29 Palms Hwy Morongo Valley, CA 92256
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    Realmo Value Estimation

    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.

    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.

    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
    49927 29 Palms Hwy Morongo Valley, CA 92256
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