- Sold Price: $125,000
- List Price: $119,500
- Sale Date: 12/21/2021
- Lost Size: 2.32 Acres
- Neighborhood: Joshua Tree Village, Joshua Tree
- Represented Seller & Buyer
Marketing Description
62745 Twentynine Palms – Prime Joshua Tree Commercial Vacant Land
David Bramante and Douglas Elliman Real Estate Beverly Hills are very pleased to offer the exclusive listing for sale of this Prime Joshua Tree Commercial Vacant Land (APN: 0604-051-13-0000). This incredible opportunity offers a developer like you 101,059 square feet (or 2.32 acres) of highly desirable commercial land located right on Twentynine Palms Highway. Any development project here would be only a minute or two from the hip Downtown Joshua Tree area, and very close to the West Entrance of Joshua Tree National Park were nearly 3,000,000 visitors travel to annually.
There are lots of new and exciting development and businesses projects starting throughout the area, and this 2+ acre parcel of JT/CS zoned commercial land is ready for someone like you who sees this trend and wants to capitalize on it.
Zoning by right allows for: Manufacturing operations, Mini Storage, Wholesale and Distribution, Commercial entertainment Indoors & Outdoors, Fitness & Health Facilities, Auto Vehicles sales / Rental, Bars / Taverns, Convenience store, Groceries Specialty food stores, Night Club, Service Station, Warehouse, Retail, Equipment Rental, Lodging – Hotel / Motel (Please refer to County of San Bernardino for all possible uses).
Every year the park visitor count to the Joshua Tree National Park increases. There were 2,988,547 annual visitors to the park per the last National Park Service report. In addition to this year-round traffic, there has been a large influx of Los Angeles residents moving to the Joshua Tree area because of high prices in LA and their ability to work report since COVID. This means that the area is in extremely high demand and growing because of its national park and its proximity to LA.
Surprisingly, real estate development hasn’t kept pace with the number of visitors and new residents in the area. Though there are well-known and hip businesses already here, by and large this prime area is grossly underdeveloped. This is a great development opportunity for both new and seasoned developers because growth and low price point.