3 Ice Plant Road
About This Property
Exceptional opportunity to acquire approximately 37.59 acres (1,637,420 sq ft) positioned directly along the I-40 corridor in Needles, CA. This parcel offers significant freeway visibility and exposure at a primary gateway into the city.
Surrounded by established industrial and commercial uses, the property features elevated desert plateaus and natural terrain with expansive views across the Colorado River valley. Utilities are reported nearby (buyer to verify).
Currently designated Open Space, the parcel has been identified within the City of Needles planning framework for potential future commercial transition (buyer to independently confirm zoning, access, and development requirements).
With strong traffic counts along I-40 and proximity to Arizona and Nevada corridors, this property presents a compelling opportunity for investors, developers, or long-term land holders seeking strategic freeway frontage.
Buyer to verify all information to their satisfaction.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 27, 2026 | Listed by Preferred Home Brokers | $219,000 | |
| Listed by Preferred Home Brokers | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017