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0 2 Mile - 77 Home Development Opportunity
31 Acres of Residential Land Offered at $1,250,000 in Twentynine Palms, CA 92277
Investment Highlights
- Marine Corps Air Ground Combat Center
Executive Summary
Data Room Click Here to Access
Property Facts
Price | $1,250,000 | Property Type | Land |
Sale Type | Investment | Property Subtype | Residential |
No. Lots | 1 | Total Lot Size | 31.00 AC |
Price | $1,250,000 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Residential |
Total Lot Size | 31.00 AC |
1 Lot Available
Lot
Price | $1,250,000 | Lot Size | 31.00 AC |
Price Per AC | $40,323 |
Price | $1,250,000 |
Price Per AC | $40,323 |
Lot Size | 31.00 AC |
31 acres of vacant land
Description
CBRE is pleased to present a 77-unit build-to-rent opportunity in Twentynine Palms, CA. Located on a ±31-acre site at the intersection of Two Mile Rd and Adobe Rd, this property has an approved tract map for 77 single-family homes. A significant advantage of this location is its proximity to the Marine Corps Air Ground Combat Center, one of the largest military training areas in the nation. The proximity to the base ensures a steady demand for housing, providing potential for stable rental income. In addition to the base, nearby attractions include Joshua Tree National Park, Sky’s The Limit Observatory, and the 29 Palms Creative Center and Art Gallery. Essential amenities like the Twentynine Palms Shopping Center, Tortoise Rock Casino, and diverse dining options further enhance the locations appeal. Combining its strategic location with the surrounding amenities, this property represents a prime investment opportunity in the region.
PROPERTY TAXES
Parcel Number | 0621-222-01 | Improvements Assessment | $0 |
Land Assessment | $150,325 | Total Assessment | $150,325 |
PROPERTY TAXES
zoning
Zoning Code | NEC (Vacant Land) |
NEC (Vacant Land) |
Presented by
0 2 Mile - 77 Home Development Opportunity
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