New ListingWelcome to **73400 Ramon Road, Thousand Palms, California**, an exceptional investment opportunity in the heart of Riverside County. Situated on approximately **7.92 acres (344,995 square feet)**, this unique property offers a rare combination of residential amenities, commercial zoning, and income-generating $2,500 per month from a Verizon cell tower on the property. Originally built in 1993, the property features a 1-bedroom, 1-bathroom residence offering approximately 1,125 square feet of living space, complete with a private swimming pool and tennis court, all within a secure gated compound. Adding significant investment appeal is an existing **Verizon cell tower**, currently operating under a triple-net (NNN) lease and generating **$2,500 per month in rental income**. With its distinctive NEC commercial zoning, expansive acreage, and existing residential improvements, this property offers exceptional versatility and long-term investment potential. Ideally positioned in the growing Coachella Valley, it presents a compelling opportunity for investors, business owners, and buyers seeking substantial land with an established income stream. **7.92 acres. Commercial zoning. Gated residence. Existing cell tower income. Endless possibilities.** A rare opportunity to own a truly distinctive property in Southern California's thriving desert region!
| MLS # | CV26223124 |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Active |
| Year | 1993 |
| Days On Site | 3 |
| Listing Provided By | eXp Realty of Greater Los Angeles | Anthony Grynchal |
| SQ Feet | 1,125 |
|---|---|
| Story(s) | 1 |
| Building(s) | 1 |
| Zoning | Commercial (NEC) MLS: SFR |
| Acreage | 7.92 |
| Heating | Central |
|---|---|
| Heating Yes / No | Yes |
| Lot Features | Back Yard, Desert Back, Desert Front, Front Yard, Landscaped |
|---|---|
| Fencing | Chain Link |
| State | CA |
|---|---|
| County | Riverside |
| City | Thousand Palms |
| Zip Code | 92276 |
| Area | 320 Thousand Palms |
| Listing VS Median (in 92276) | |
Price: $599,888 low | high Med: $599,888 sqft: 1,125 low | high Med: 1,125 $ / sqft: $533 low | high Med: $533 On site: 3 low | high Med: 3 | |
| State | CA |
|---|---|
| County | Riverside |
| City | Thousand Palms |
| Zip Code | 92276 |
| Area | 320 Thousand Palms |
| Listing VS Median (in 92276) | |
Price: $599,888 low | high Med: $599,888 sqft: 1,125 low | high Med: 1,125 $ / sqft: $533 low | high Med: $533 On site: 3 low | high Med: 3 | |