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0 Apn 0659-221-38 Needles, CA 92363

OFF-MARKET Land Google Maps
160 ac lot
Estimated value
No estimation on file for this property yet.
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

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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