Property profile

103 Araby St Twentynine Palms, CA 92277

OFF-MARKET
Land
5 ac lot
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Property summary

AI-generated overview

This exceptional 5-acre commercial land parcel presents a unique investment opportunity in the desirable Hanson Area of Twentynine Palms, California. Situated near the entrance to Joshua Tree National Park, this property benefits from the high tourist traffic (approximately 3 million annual visitors). Boasting stunning panoramic views of the Bullion, Pinto, and Little San Bernardino Mountains, the location offers breathtaking desert scenery. The property's generous size is ideal for various uses, including equestrian activities, RV parking, and residential development. Current zoning permits the construction of a main house, guest house, and junior guest house. Due to the lot size, the city may allow for a zoning modification, potentially permitting up to four units per acre. Utilities appear to be readily available at the street. Conveniently located just 12 minutes from Copper Mountain College and a short 6-minute drive to Tortoise Rock Casino, this property offers both convenience and leisure. Nearby amenities include parks, cafes, restaurants, grocery stores, and boutiques. Twentynine Palms is experiencing significant growth, attracting a vibrant mix of businesses, tourists, and artists. Enjoy mild winters and the tranquility of a quiet neighborhood, perfect for creating a custom compound. The property is approximately 50 miles from Palm Springs. The address provided is for marketing purposes only. Further details regarding building codes and permitted uses should be obtained from city planners. Contact the appropriate agencies for utility inquiries. APN: 0624-131-03-0000. GPS Coordinates: 34.134846, -116.031262. Asking price: $55,000.

Property profile

Verified
Property type Land
Lot 5 ac (217,800 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

103 Araby St Twentynine Palms, CA 92277
Twentynine Palms metro
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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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