29 Palms Hwy Twentynine Palms, CA 92277
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.