26
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65810 29 Palms
About This Property
Take advantage of 1,202 feet of Hwy 62 visibility on this large 16.6-acre parcel zoned JT/RM, supporting multifamily and residential development. Minutes from Copper Mountain College, the hospital, and key community amenities, this property sits in a rapidly growing area with strong demand for housing.
Perfect for builders, investors, and long-term visionaries.
Buyer to verify all zoning and land-use options with San Bernardino County.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 1, 2026 | In contract | - | |
| In contract | |||
| Aug 1, 2026 | Listed by Coldwell Banker Roadrunner Realty | $149,900 | |
| Listed by Coldwell Banker Roadrunner Realty | |||
| Jul 30, 2025 | Price Decreased |
$250,000
↓ $275K
(52.4%) | |
| Price Decreased | |||
| Oct 7, 2024 | Relisted | $525,000 | |
| Relisted | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017