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55267 29 Palms Hwy 1,291 SF Office Building Yucca Valley, CA 92284 $599,000 ($463.98/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- 30 Minute drive to Palm Springs
- 10 minute drive to Joshua National Park
- Easy access to highway 62
- Right Between 7/11 and the enterprise.
EXECUTIVE SUMMARY
The seller is motivated to sell! May carry paper, call for details! SEE THE VIDEO ABOVE! INCOME-PRODUCING! BONUS TO SELLING AGENT. CALL FOR DETAILS! This is the chance to purchase an incredible COMMERCIAL/RESI/ BUILDING--ONE OF A KIND LEFT -- IN the very heart of OLD TOWN Yucca Valley. HIGHWAY FRONTAGE BUILDING! This a great opportunity to own a commercial retail/office/business/other purpose building with a rent potential. If you have an idea you can manifest it. The property has a small kitchenette, bathroom, and garage/storage. Property located next TO 7-11! You also will save big on Cal Trans fees because this lot is on Highway 62 frontage... Parking in the front, rear, and side! Don't miss a great investment opportunity in a fast-growing area. PRICED TO SELL! Mixed-use commercial unit plus live in your own commercial building!! value-added investment opportunity. Great exposure with frontage on Twentynine Palms Highway! BUYER MUST submit financials with the offer. Within 20 minutes of the famous Joshua Tree National Park, and 30 minutes from Palm Springs Don’t miss out on this rare opportunity and book your private showing today! All info is deemed reliable but not guaranteed.! NEW ROOF AND ALL NEW FLOORING ETC...A MUST SEE!
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Property Subtype
Building Size
1,291 SF
Building Class
B
Year Built
1948
Price
$599,000
Price Per SF
$463.98
Cap Rate
8%
NOI
$47,920
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,291 SF
Building FAR
0.14
Lot Size
0.21 AC
Zoning
GC - General Commercial
Parking
9 Spaces (6.97 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
1 1
PROPERTY TAXES
| Parcel Number | 0586-075-07 | Improvements Assessment | $108,243 |
| Land Assessment | $81,183 | Total Assessment | $189,426 |
PROPERTY TAXES
Parcel Number
0586-075-07
Land Assessment
$81,183
Improvements Assessment
$108,243
Total Assessment
$189,426
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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55267 29 Palms Hwy
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