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Property profile & analytics
OFF-MARKET
Land

0 Two Mile Rd Twentynine Palms, CA 92277

100.3 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 100.3-acre land parcel presents a remarkable investment opportunity in Twentynine Palms, California. Located on Two Mile Road, the property is identified by APN numbers 0621-031-032-0000 and 0621-031-033-0000 and is offered at $4,000,000, translating to $40,000 per acre. The land is held in fee simple ownership and comprises two separate parcels. Currently zoned RS-4, allowing for a density of four units per acre, this property holds significant development potential. An expired tentative tract map for 336 homes exists, providing a strong foundation for future planning. Utilities are readily available, with power, water, and natural gas either on the property or immediately adjacent. This expansive tract offers a unique chance to develop a substantial residential community in a desirable location within San Bernardino County, zip code 92277. The property's size and zoning regulations make it an attractive proposition for large-scale residential development. Serious inquiries are encouraged to explore the possibilities of this exceptional land offering.

Property profile
Verified
Property type Land
Lot 100.3 ac (4,369,068 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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