Commercial

B&B Ranch

4203 Adobe Rd, Twentynine Palms, CA 92277

Listing Price: $1,200,000

Lot Size
40.00 acres
Price/Acre
$30,000
Land Type
Redevelopment
Buildable Square Feet
128,000

Investment Overview

Twentynine Palms has several economic foundations: a busy military base, retirement community, and main entry for Joshua Tree National Park, one of the ten busiest national parks in the nation. To the south, there is a new Indian casino, "Tortoise Rock".

This land fronts on Adobe Road, which connects the military base with the town of Twentynine Palms. The Marine Corps announced that it is considering installing a wastewater treatment system from the base south toward the town, on the east side of Adobe Road, which would benefit the Subject Property. The vacancy rate for multifamily properties in the area is 6%, which indicates a strong demand for new construction.

Using current rates of rent revenue, occupancy, and estimated costs for construction, a project on this land would be successful and profitable.

Investment Highlights

  • Located on major highway, with frontage
  • Close to military base with 13,000 staff & employees
  • Flat terrain, water service, zoned 8 units/acre

Exclusively Listed By

  • Bruce Haulley, CCIM

    Associate

    Email Bruce

    License(s): CA: 01239289

    Palm Springs

Listing Price: $1,200,000

Lot Size
40.00 acres
Price/Acre
$30,000
Land Type
Redevelopment
Buildable Square Feet
128,000

Investment Highlights

  • Located on major highway, with frontage
  • Close to military base with 13,000 staff & employees
  • Flat terrain, water service, zoned 8 units/acre

Investment Overview

Twentynine Palms has several economic foundations: a busy military base, retirement community, and main entry for Joshua Tree National Park, one of the ten busiest national parks in the nation. To the south, there is a new Indian casino, "Tortoise Rock".

This land fronts on Adobe Road, which connects the military base with the town of Twentynine Palms. The Marine Corps announced that it is considering installing a wastewater treatment system from the base south toward the town, on the east side of Adobe Road, which would benefit the Subject Property. The vacancy rate for multifamily properties in the area is 6%, which indicates a strong demand for new construction.

Using current rates of rent revenue, occupancy, and estimated costs for construction, a project on this land would be successful and profitable.

Exclusively Listed By

  • Bruce Haulley, CCIM

    Associate

    Email Bruce

    License(s): CA: 01239289

    Palm Springs

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