56569 29 Palms Hwy Yucca Valley, CA 92284

Property Details for 56569 29 Palms Hwy

Lot size

0.93 lot acres

Property type

Commercial land

APN

0587-351-03-0000

APU

587351030000

Description

This exceptional 3.65-acre commercial land parcel, located at 56569 29 Palms Highway in Yucca Valley, CA (92284), presents a remarkable investment opportunity. Boasting over 30,000 vehicles per day in traffic count, this prime highway frontage property sits in the heart of Yucca Valley's commercial district, surrounded by major merchants and shopping centers. Its proximity to Yucca Valley Airport, Hawk's Landing Golf Club, and numerous amenities like McDonald's, 7-Eleven, and Subway, further enhances its appeal. Less than half a mile from the California Welcome Center and 11 miles from Joshua Tree National Park, this location offers unparalleled access to tourism and local traffic. The property, encompassing APN 0587-351-03, 0587-351-04, and 0587-351-05, consists of three flat, usable parcels with all utilities readily available. Preliminary approval was granted in 2021 for a 40-unit senior multi-family residential development, and the current commercial zoning may permit mixed-use development (verification with the Town of Yucca Valley is recommended). Comprehensive due diligence materials, including a topographic survey, geotechnical evaluation, infiltration study, development plans, and the 2021 pre-approval letter, are available. The asking price is $1,500,000, with seller financing options available (50% down payment to qualified buyers). This property holds immense potential as a hotel/motel, senior living facility, apartment complex, or a unique travel/rest stop, capitalizing on its strategic location and high traffic volume.

Location Insight

City

Yucca Valley

County

San Bernardino

State

California

Longitude

-116.43

Latitude

34.1199

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments