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    OFF-MARKET
    Land

    0 Apn 0659-221-38, Needles, CA 92363

    160 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 160-acre parcel of vacant land presents a unique opportunity in Needles, California. Located conveniently near Highway 40 and approximately 10 minutes from Needles Airport, this property offers a tranquil escape from city life while maintaining convenient access to transportation. The land is zoned for residential use, providing ample space for a variety of potential developments. Currently, no utilities are connected to the property. The asking price is $70,000, translating to $500 per acre. The Assessor's Parcel Number (APN) is 0659-221-38-0000. This sale qualifies for a 1031 exchange. Prospective buyers are responsible for conducting their own due diligence regarding permitted land uses. Note that Needles has seen significant economic growth in recent years, with a 72% increase in total property value since 2017 and a 9.1% year-over-year increase. This presents a compelling investment opportunity in a rapidly developing area. The property is situated in San Bernardino County, CA, zip code 92363.

    Property profile
    Verified
    Property type Land
    Lot 160 ac (6,969,600 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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