57374 29 Palms Hwy
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57374 29 Palms Hwy
2,821 SF Vacant Office Building Yucca Valley, CA 92284 $963,846 CAD ($342 CAD/SF)
Investment Highlights
- Upstairs and downstairs have separate electric meter
- Highway Traffic Count: 29,319 per day
- 2-Story Multi-tenant Building
- Parking in front and rear of building
- Amazing signage opportunity
Executive Summary
Yucca Valley Santa Fe Style Medical Opportunity
Ideal for an owner-user or as an investment property.
Displayed Cap Rate is based on $1.50 sq. ft. + NNN should an investor want to purchase the subject property.
Utilize both the 1st and 2nd floor or lease them out separately.
Well maintained, separately metered (electric) 2 - Story, B class medical building, built in 1986 and updated in 2002 located in Yucca Valley CA.
2,821 SF building on a 12,636 SF Lot. Located in an established area, the property is currently being used by the owner as a chiropractic office. Property can be delivered vacant. Every wall in this building is insulated and the HVAC was replaced 2 years ago. Large patio Ample parking and signage in place.
The current zoning allows for many uses, most with a CUP (conditional use permit) or SPR (site plan review). See attached OM for all uses.
**********DO NOT DISTURB THE TENANT/OWNER… **********
Showing will be accommodated with proof of funds (cash if it’s an all cash offer or 30% of purchase price if Buyer is getting a loan). Additionally, Tuesday’s and Thursday’s are the only available days to show the property; that is when the Seller/staff will be at the property.
Seller is a doctor and is usually busy with patients, and out of respect to the patients privacy
• 0.29 Acre Commercial Lot / 12,632 SF
• 2,821 SF Retail Building
• Office/Medical Class B
• Utilities
• 1st Floor: 2,021 SF
• 2nd Floor: 800 SF (with partial kitchen, bathroom, shower, and tub)
• Every wall is insulated
• Patio has plumbing
• Air Conditioner: 2 Years old
• Upstairs and downstairs have separate electric meters
• Great location within the city limited of Yucca Valley
• Established area
• Parking in front and rear of building
• Highway Traffic Count: 29,319 per day
• Amazing signage opportunity
Building Configuration:
1st Floor:
Waiting room / Check-in area
1 private office
Open area
3 private rooms
4 small private rooms
1 bathroom for the public
1 private bathroom
2nd Floor:
Private entrance
1 bathroom
Shower & Tub
Partial kitchen
Mixed Use Commercial (C-MU) Zoning
Properties located within the Mixed Use Commercial (C-MU)
Zoning District are subject to the regulations and development
standards of the General Commercial (C-G) Zoning District
until such time as mixed use commercial (C-MU) regulations
and development standards are adopted by the Council. (Ord.
253, 12-16-2014)
Ideal for an owner-user or as an investment property.
Displayed Cap Rate is based on $1.50 sq. ft. + NNN should an investor want to purchase the subject property.
Utilize both the 1st and 2nd floor or lease them out separately.
Well maintained, separately metered (electric) 2 - Story, B class medical building, built in 1986 and updated in 2002 located in Yucca Valley CA.
2,821 SF building on a 12,636 SF Lot. Located in an established area, the property is currently being used by the owner as a chiropractic office. Property can be delivered vacant. Every wall in this building is insulated and the HVAC was replaced 2 years ago. Large patio Ample parking and signage in place.
The current zoning allows for many uses, most with a CUP (conditional use permit) or SPR (site plan review). See attached OM for all uses.
**********DO NOT DISTURB THE TENANT/OWNER… **********
Showing will be accommodated with proof of funds (cash if it’s an all cash offer or 30% of purchase price if Buyer is getting a loan). Additionally, Tuesday’s and Thursday’s are the only available days to show the property; that is when the Seller/staff will be at the property.
Seller is a doctor and is usually busy with patients, and out of respect to the patients privacy
• 0.29 Acre Commercial Lot / 12,632 SF
• 2,821 SF Retail Building
• Office/Medical Class B
• Utilities
• 1st Floor: 2,021 SF
• 2nd Floor: 800 SF (with partial kitchen, bathroom, shower, and tub)
• Every wall is insulated
• Patio has plumbing
• Air Conditioner: 2 Years old
• Upstairs and downstairs have separate electric meters
• Great location within the city limited of Yucca Valley
• Established area
• Parking in front and rear of building
• Highway Traffic Count: 29,319 per day
• Amazing signage opportunity
Building Configuration:
1st Floor:
Waiting room / Check-in area
1 private office
Open area
3 private rooms
4 small private rooms
1 bathroom for the public
1 private bathroom
2nd Floor:
Private entrance
1 bathroom
Shower & Tub
Partial kitchen
Mixed Use Commercial (C-MU) Zoning
Properties located within the Mixed Use Commercial (C-MU)
Zoning District are subject to the regulations and development
standards of the General Commercial (C-G) Zoning District
until such time as mixed use commercial (C-MU) regulations
and development standards are adopted by the Council. (Ord.
253, 12-16-2014)
Data Room Click Here to Access
Financial Summary (Pro forma - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$71,974
|
$25.51
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $71,974 |
| Annual Per SF | $25.51 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Building Size
2,821 SF
Building Class
B
Year Built/Renovated
1986/2002
Price
$963,846 CAD
Price Per SF
$342 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,821 SF
Building FAR
0.22
Land Acres
0.29 AC
Zoning
C-MU/ C-G - Mixed Use Commercial (C-M) Zoning District are subject to the regulations and development
standards of the General Commercial (C-G) Zoning District
Amenities
- 24 Hour Access
- Courtyard
- Signage
- Kitchen
- Central Heating
- Partitioned Offices
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 0595-191-09 | Improvements Assessment | $481,811 CAD |
| Land Assessment | $134,943 CAD | Total Assessment | $616,755 CAD |
PROPERTY TAXES
Parcel Number
0595-191-09
Land Assessment
$134,943 CAD
Improvements Assessment
$481,811 CAD
Total Assessment
$616,755 CAD
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57374 29 Palms Hwy
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