100 Morgan Dr, Needles, CA 92363
For Sale
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This exceptional commercial land offering presents a unique investment opportunity in the thriving city of Needles, California. Encompassing 2.29 acres, this property consists of two adjacent parcels (APN: 0650-312-03, 0650-312-04) strategically located near Highway 95, providing excellent visibility and accessibility. One parcel enjoys a prominent corner location at Morgan Drive and Broadway Street. The land is zoned C-3 Commercial, allowing for a diverse range of development possibilities. Permitted uses include, but are not limited to, cannabis cultivation, hotel/motel construction, office buildings, convenience stores, and even a movie theater. This versatile zoning provides significant flexibility for future development plans. The property's convenient location offers easy access to Interstate 40 and the Needles Bridge, providing seamless connectivity to Arizona. With a total asking price of $299,000, this represents a compelling price per acre of $130,568, making it an attractive investment for both developers and long-term investors seeking a foothold in a rapidly growing market. The property is owned by an LLC.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.