Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    Palomar Ave Yucca Valley, CA 92284

    • Land
    • 43,359.00 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Palomar Ave

    Lot size
    43,359.00 lot acres
    Property type
    Land

    Description

    This exceptional 1-acre commercial lot ($79,000) presents a unique investment opportunity in the highly sought-after Sky Harbor neighborhood of Yucca Valley, California. Situated at the northwest corner of Joshua Drive and Palomar Avenue (APN: 0588-031-45-0000; GPS: 34.105430, -116.390605), this property boasts a prime corner location with paved access and readily available utilities. Surrounded by high-value homes, it offers a private setting with inspiring vistas of Burnt Mountain, Sawtooth Ridge, and the Little San Bernardino Mountains. The location is ideal for a custom home and guest house, providing convenient access to local amenities, parks, and the expansive Black Rock Canyon Trailhead. Yucca Valley's recent growth and increasing popularity among celebrities, musicians, and artists, coupled with a resurgence in design and architecture, create a strong investment climate. The high elevation ensures cooler summers compared to the Coachella Valley, and its proximity to Palm Springs (32 miles) and Joshua Tree National Park (less than 10 miles) adds significant appeal. Note that the address provided is for marketing purposes only, and potential sewer assessments may apply. Buyers are responsible for contacting city planners regarding building and usage inquiries, and utility agencies for utility-related questions. Owner financing may be available. The total acreage is 43,359 acres.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Yucca Valley
    County
    San Bernardino
    State
    California
    Longitude
    -116.39
    Latitude
    34.1075

    Comparable in this City

    • Value Estimation by Request
      10.00 Acres

      Sun Mesa Dr

      Land • 10.00 Acres
      0 Sun Mesa Dr, Yucca Valley, CA 92284
      View Details
    • Value Estimation by Request

      Little League Dr

      Land
      0 Little League Dr, Yucca Valley, CA 92284
      View Details
    • Value Estimation by Request
      2.38 Acres

      57823 Hilton Ln

      Land • 2.38 Acres
      57823 Hilton Ln, Yucca Valley, CA 92284
      View Details
    • Value Estimation by Request
      1.66 Acres

      205 Old Woman Springs Rd

      Land • 1.66 Acres
      205 Old Woman Springs Rd, Yucca Valley, CA 92284
      View Details
    • Value Estimation by Request
      20.00 Acres

      57352 Sunflower Dr

      Land • 20.00 Acres
      57352 Sunflower Dr, Yucca Valley, CA 92284
      View Details
    • Value Estimation by Request
      2.34 Acres

      58365 Cereus Ave

      Land • 2.34 Acres
      58365 Cereus Ave, Yucca Valley, CA 92284
      View Details

    Similar Nearby for Sale

    • $225,000
      1.66 Acres

      Yucca Valley Commercial Land

      1.66 Acres, Hwy Visible, Commercial Zoning
      205 Old Woman Springs Rd, Yucca Valley, CA 92284
      View Details
    • $1,500,000
      3.65 Acres

      Yucca Valley Commercial Land

      Highway Frontage, 3.65 Acres
      56569 29 Palms Hwy, Yucca Valley, CA 92284
      View Details
    • $199,000
      20.00 Acres

      20 Acres in Yucca Valley

      20-acre lot with desert views in Yucca Valley, CA.
      La Crescenta Dr, Yucca Valley, CA 92284
      View Details
    • $619,000
      20.00 Acres

      20 Acres in Yucca Valley

      20 acres of land with sunset views in Yucca Valley.
      10 W Omega Trl, Yucca Valley, CA 92284
      View Details
    • $32,000
      27,500.00 Acres

      Yucca Valley Land Opportunity

      0.63-acre parcel in Yucca Valley near Joshua Tree.
      Pinon Dr, Yucca Valley, CA 92284
      View Details
    • Contact for pricing

      5-Acre Desert Land Parcel

      5-acre lot perfect for stargazing and enjoying desert wildlife.
      Elata Ave Ave, Yucca Valley, CA 92284
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,380 SF

      Yucca Valley Commercial Property

      Prime Yucca Valley location, 4,380 sq ft.
      7355 Church St, Yucca Valley, CA 92284
      View Details
    • $15 SF/Yr
      13,550 SF

      Joshua Village Retail Spaces

      Vons-anchored center; multiple spaces available.
      57552 Palms Hwy, Yucca Valley, CA 92284
      View Details
    • Contact for pricing
      5,290 SF

      Yucca Valley Retail Space Available

      Freestanding pad and inline retail space for lease.
      58060 29 Palms Hwy, Yucca Valley, CA 92284
      View Details
    • $2,200 /Mo
      4,380 SF

      Yucca Valley Office Building Lease

      Well-maintained six-unit office building with available units for lease.
      7355 Church St, Yucca Valley, CA 92284
      View Details
    • $1,732 /Mo
      4,380 SF

      Yucca Valley Office Space Available

      Office space for lease in central Yucca Valley location.
      7355 Church St, Yucca Valley, CA 92284
      View Details
    • Contact for pricing
      4,800 SF

      Retail Space in Yucca Valley

      Retail space available for lease in Yucca Valley, CA.
      56669 29 Palms Hwy, Yucca Valley, CA 92284
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Palomar Ave
    Yucca Valley, CA 92284
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.