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Property profile & analytics
OFF-MARKET
Commercial land

29 Palms Hwy Twentynine Palms, CA 92277

0.11 ac lot
Entity Owned 2-yr Hold Free & Clear
Property ID
US10-1553459
Property summary
AI-generated overview

This exceptional 53.4-acre commercial land parcel, located on Twentynine Palms Highway in Twentynine Palms, California (zip code 92277), presents a unique investment opportunity. Comprised of eight individual legal parcels (APN: 0613-233-01, 0613-233-02, 0613-233-03, 0613-233-04, 0613-233-27, 0613-233-28, 0613-233-29, 0613-233-30), this expansive property is currently zoned for residential use, potentially allowing for a large private estate or multiple homes. The City of Twentynine Palms may grant conditional use permits for a variety of commercial ventures, including but not limited to churches, lodges, nurseries, equestrian facilities, and entertainment venues. Utilities such as power and communication lines appear to be readily accessible along the highway; however, water will require a well. The property boasts stunning views of the surrounding landscape, including the boulder-studded cliffs of Indian Cove Campgrounds, the snow-capped peaks of Mount San Gorgonio, and the Copper Mountains, Mount Hidalgo, the Bullion Mountains, and the Little San Bernardino Mountains. Spectacular sunsets illuminate the eastern mountains in a vibrant red hue. Twentynine Palms is a thriving desert oasis experiencing significant growth, with new hotels, organic restaurants, boutiques, cafes, and shops. Its proximity to Joshua Tree National Monument (approximately 3 million annual visitors), Copper Mountain College, Tortoise Rock Casino, Theatre 29, and art galleries, along with its convenient location (54 minutes to Palm Springs and approximately 2.5 hours to Los Angeles), makes this a highly desirable location. Prospective buyers are responsible for contacting the City of Twentynine Palms for building and usage inquiries and the appropriate utility agencies for all utility-related questions. The listed address is for marketing purposes only. The GPS coordinates are 34.135588, -116.139994. This is a truly exceptional opportunity; don't miss out! Asking price: $375,000.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.11 ac (4,705 SF)
APN 0623-024-12-0000
UPID US10-1553459
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Desert Days & Desert Nights LLC · 2 yrs held
Desert Days & Desert Nights LLC
since 2023
2 recorded transactions
2023
$26,700
2002
$1,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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