23
Map
$29,900
●
Land -
For Sale
72531 Nicolson Drive
29 Palms, CA 92277
Studio
0 Bath
$147
Est. Monthly
About This Property
A little over an acre of open desert, wide skies, and mountain
views - all for under $30,000. Discover your own piece of the
Mojave in 29 Palms. Set on approximately 1.04 acres, this spacious
parcel offers the breathing room, natural beauty, and peaceful
atmosphere that make the Hi-Desert so special.
Take in sweeping desert scenery by day, colorful sunsets in the evening, and the brilliant night skies for which the desert is known. Whether you envision a future desert retreat, a long-term land investment, or simply a piece of Southern California's iconic landscape to call your own, this property offers an inviting place to start.
Enjoy a rural setting surrounded by desert and mountain vistas while remaining within reach of the amenities, recreation, and distinctive character of 29 Palms. Come walk the land, take in the views, and imagine the possibilities. Your little corner of the Mojave is waiting.
Buyer to investigate utilities, water availability, zoning, land use, building requirements, access, boundaries, and all other aspects of the property to Buyer's satisfaction.
Take in sweeping desert scenery by day, colorful sunsets in the evening, and the brilliant night skies for which the desert is known. Whether you envision a future desert retreat, a long-term land investment, or simply a piece of Southern California's iconic landscape to call your own, this property offers an inviting place to start.
Enjoy a rural setting surrounded by desert and mountain vistas while remaining within reach of the amenities, recreation, and distinctive character of 29 Palms. Come walk the land, take in the views, and imagine the possibilities. Your little corner of the Mojave is waiting.
Buyer to investigate utilities, water availability, zoning, land use, building requirements, access, boundaries, and all other aspects of the property to Buyer's satisfaction.
Unit Size
-
Days on Market
46 days
Land Size
1.04 acres
Price per sqft
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Property Type
Land
Property Taxes
-
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-
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 months ago (CRMLS #JT26194349)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 4, 2026 | Listed by Cherie Miller & Associates | $29,900 | |
| Listed by Cherie Miller & Associates | |||
Property Highlights
Exterior Details
Lot Features: LotOver40000Sqft
Lot Size Area: 45302
Lot Size Units: Square Feet
Lot Size Acres: 1.04
Lot Size Square Feet: 45302
Tax Lot: 6
Water Source: None
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Twentynine Palms
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Listed by: Madelaine LaVoie, Cherie Miller & Associates
Last Updated: 2 months ago
Data Source: CRMLS, MLS# JT26194349
Last Updated: 2 months ago
Data Source: CRMLS, MLS# JT26194349
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