40/Five Mile Rd Needles, CA 92363
- Land
- 87.78 lot acres
Current Use by Public Records
- Land
Property Details for 40/Five Mile Rd
- Lot size
- 87.78 lot acres
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Needles
- County
- San Bernardino
- State
- California
- Longitude
- -114.575
- Latitude
- 34.7649
