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Property profile & analytics
OFF-MARKET
Medical Office Space

58295 29 Palms Hwy Yucca Valley, CA 92284

12,290 SF 2.59 ac lot Built 2009
Individually Owned 1-yr Hold
Property ID
US10-0909799
Property summary
AI-generated overview

This exceptional 12,290-square-foot medical office building presents a rare owner-user opportunity in the heart of Yucca Valley, California. Located at 58295 Twentynine Palms Highway, this single-story, Class B building sits on a spacious 2.59-acre lot and was constructed in 2009. The property boasts a strategic location along a major commercial corridor, benefiting from a substantial built-in customer base exceeding 28,000 residents within a 5-mile radius, with an average household income exceeding $80,000. Its proximity to the Marine Corps Air Ground Combat Center (MCAGCC), a significant economic driver for the region, further enhances its appeal. The building's existing clinical buildout offers potential cost savings for new owners, expediting the setup of a new practice. While currently vacant, the entire building is available for immediate occupancy by an owner-user, although approximately half is already built out. This presents a unique chance to acquire a high-image medical office asset in a thriving Inland Empire market, experiencing strong rent growth and low vacancy rates. The asking price is $2,100,000, translating to $170.87 per square foot. This represents a compelling investment in a robust and growing area.

Property profile
Verified
Property type Medical Office Space
Year built 2009
Total area 12,290 SF
Lot 2.59 ac (112,820 SF)
UPID US10-0909799
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
Current use
Occupant on record · Public records
  • Dr. Peter Greenberg, MD Physician
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
Hi Desert Memorial Health Care Dist · 1 yrs held
Hi Desert Memorial Health Care Dist
since 2024
1 recorded transaction
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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