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Property profile & analytics
FOR SALE
Retail space

49927 29 Palms Hwy Morongo Valley, CA 92256

440 SF 0.18 ac lot Built 1970
Individually Owned 7-yr Hold ~ Est. High Equity
Property ID
US10-1472537
Property summary
AI-generated overview

This exceptional commercial property, located at 49927 Twentynine Palms Highway in Morongo Valley, California, presents a unique investment opportunity. The property consists of two separate buildings totaling 1,200 square feet on two parcels, situated on a prime location directly on the busy Twentynine Palms Highway (APN: 0583252050000). Built in 2000, the property is zoned for commercial use and offers ample parking with 20 spaces. One building is currently configured as an auto repair shop, featuring three large roll-up bay doors, two car lifts, and a substantial fenced-in area ideal for outdoor service. The second building provides office space and restroom facilities, conveniently located adjacent to the repair shop. The property's layout and zoning allow for diverse uses and potential expansion, making it an attractive option for both established businesses and entrepreneurs seeking a high-visibility location. The asking price is $650,000, translating to $541.67 per square foot. This represents a compelling opportunity to acquire a well-positioned commercial property in a growing area with significant potential for future growth and profitability. The property is a single-story structure with two units. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1970
Construction WOOD FRAME
Total area 440 SF
Lot 0.18 ac (7,936 SF)
APN 0583-252-04-0000
UPID US10-1472537
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
Beverly A Vasquez · 7 yrs held
Beverly A Vasquez
since 2019
7 recorded transactions
2024
Price N/A
2019
$135,000
2018
$88,000
2017
Price N/A
2005
$300,000
2005
Price N/A
1997
$24,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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