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4973 Adobe Road
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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 |
|---|---|---|---|
| Sep 14, 2026 | Listed by 29 Palms Realty | $395,000 | |
| Listed by 29 Palms Realty | |||
| Nov 19, 2024 | Listed | $450,000 | |
| Listed | |||
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This 4.45-acre parcel in 29 Palms is a versatile opportunity awaiting your vision. Zoned for Industrial, Commercial, and Residential use, the possibilities are vast—allowing for nearly any business venture. Nestled along historic Adobe Road, this prime location combines character with potential. The property is already connected to city water, featuring a 5/8" water meter, streamlining your setup for development if you upgrade to a 1" water meter. While overhead electrical utilities may need to be underground (to be confirmed with City Hall), this parcel's flexibility and location make it a standout choice for investors, entrepreneurs, or anyone looking to build something unique. Don't miss out on this gem in the heart of 29 Palms!
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| Feb 19, 2024 | No longer available | - | |
| No longer available | |||
| Aug 18, 2023 | Listed by Madelaine LaVoie | $495,000 | |
| Listed by Madelaine LaVoie | |||
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This parcel is basically has everything you could ask for. Zoned industrial/residential/commercial, this parcel can hold any business your mind can conjure. With 4.55 acres in city limits and a paid 5/8" meter, this parcel is a dream. Come get your business license and plans approved by City Hall and start the beginning your your new life here in 29 Palms.
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| Aug 13, 2023 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017