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    40/Five Mile Rd Needles, CA 92363

    For Sale
    $877,800

    Prime I-40 frontage, 87 acres, Needles, CA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 87.78-acre commercial land parcel presents a unique investment opportunity in Needles, California. Boasting approximately 3200 feet of prime frontage along Interstate 40 and Five Mile Road, this property enjoys high visibility with thousands of daily passersby. Located conveniently near the Colorado River, the land includes groundwater rights and a subcontract with the City of Needles for cost repayment and delivery to the Lower Colorado Water Supply Project. Its strategic location just south of downtown Needles and east of the municipal airport positions it perfectly for future growth. The increasing California renewable energy standards make this expansive desert land highly attractive for solar or wind power generation projects. Additional development possibilities include a hotel, campground/recreation area, or interstate signage. Needles' burgeoning cannabis cultivation industry further enhances the investment potential. The property consists of two adjacent parcels (APN 0650-233-06 and 0650-233-07) sold together, zoned RC. The asking price is $877,800. Don't miss this exceptional opportunity to acquire a significant piece of prime commercial real estate in a rapidly developing area.

    Property Features for 40/Five Mile Rd

    General Information

    Property type
    Land
    Lot Size
    3,823,697 SF

    HighLights

    • $877,800 asking price for 87.78 acres of commercial land.
    • Located in Needles, CA, with a San Bernardino County APN of 0650‑233‑07.
    • Prime Interstate 40 and Five Mile Road frontage, totaling approximately 3,200 feet.
    • RC zoning.
    • Includes groundwater rights and a subcontractor agreement with the City of Needles for water delivery.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Needles
    County
    San Bernardino
    State
    California
    Longitude
    -114.57466512402
    Latitude
    34.764895946281

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    FAQs

    What type of property is this?
    Land - Prime I-40 frontage, 87 acres, Needles, CA
    Where is this land located?
    The property is located at 40/Five Mile Rd Needles, CA.
    What is the asking price?
    The asking price for this property is $877,800.
    What are key features of this property?
    This property features: $877,800 asking price for 87.78 acres of commercial land.; Located in Needles, CA, with a San Bernardino County APN of 0650-233-07.; Prime Interstate 40 and Five Mile Road frontage, totaling approximately 3,200 feet.
    (760) 242-6059
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    40/Five Mile Rd Needles, CA 92363
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    Needles, CA 92363
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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
    40/Five Mile Rd Needles, CA 92363
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