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Property profile & analytics
OFF-MARKET
Land

32767 Old Woman Springs Rd Lucerne Valley, CA 92356

1.62 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.62-acre commercial land parcel presents a unique investment opportunity in Lucerne Valley, California. Located at 32767 Old Woman Springs Road, the property boasts over 400 feet of frontage on Highway 18, ensuring high visibility and accessibility. The parcel is zoned CR - Rural Commercial, offering flexibility for a variety of commercial uses. The property includes a 600 square foot building with all utilities already connected, providing a solid foundation for immediate use or potential expansion. The APN is 0450-371-10, 62. This location is considered the busiest commercial corner in Lucerne Valley, promising strong potential for business growth. The property is currently generating income, demonstrating its viability. Financing options are available for qualified buyers. This is a rare chance to acquire a well-situated, income-producing commercial property in a high-traffic area. Don't miss this opportunity to establish your business in a thriving location. The asking price is $299,700.

Property profile
Verified
Property type Land
Lot 1.62 ac (70,567 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
Current use
Occupant on record · Public records
  • Tacos al Vapor Michoacan Restaurant
  • American Hay & Grain Pet Store & Service
  • Henry's Bargains Department Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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