What is so Special About 29 Palms?
Have you Taken a drive out to Twentynine Palms lately? I have. What a surprise.
In Victorville were I work we have the remains of the old, closed George air-force base. Yesterday I drove by the military housing. True is has not been maintained for 16 years. But what hit me was the size and quality of the homes. That is the size and quality compared to the housing that I saw in 29 palms for the military. To say the least the homes for our armed services certainly honors them and changes my perspective on what I thought it would be. ( by the way some very ecomonic awesome things are happening with SCLA)
But More, Something else surprised me about 29 palms. I recently downloaded and read the Marine Air Ground Task Force Training Command at 29 Palms 2006 Economic impact statement. ( I did this because I have taken a great ten commercial property listing in 29 Palms) In the report once I read the Mission and the History there are numerous details, so to the point. Between the Military, the civilians dedicated to the Marine base and the construction work going on. There is a payroll in excess of 400 million a year. Wow!
But there is more and this one I haven't verified but my source I believe to be reliable. If you have every driven to twenty-nine Palms and looked at those palms and the water that comes out of the ground at that natural oasis, it might cause you to consider the following: The water Table is about 30 feet, yes 30 feet not 100 or 200 and the water available is measured for 300 to 1000 years. That is the water that is there, not any question of replenishing.
But More, There is a 475,000 plus square foot new super shopping center that is now leasing for anywhere between $1.65 to $2.20 a sq ft. A sign of a bright future.
There is the Mariposa Shopping Center which is reported to be a resturant and will lease at about $1.85 a sq foot. a sign of a bright future.
There is also the story about the local tavern which was purchased for about $200,000 for a building the size of a postage stamp (I don't know if the liquor license was part of the deal) and the town of Twentynine Palms wouldn't let them open because they did not have designated offstreet parking. Mind you they are not land locked, just not able to accomdate parking off street. Special means you had better know what is going on in the local Ordinance. All Real Estate is local.
Have you taken a drive out to twenty-nine Palms lately? There is more than meets the eye. So ask yourself why is Starbucks, Kragen, Rite Aid, and Walgreens building in 29 Palms? They don't make mistakes with locations of their business. Seemingly a smallish town on the often called backside of things is starting to wake up. Well come to the new Starbucks when it opens and smell the coffee. Opportunity is knocking in 29 palms.
Where I live and mostly work in Apple Valley, Victorville, Hesperia, Adelanto our market is so different from 29 Palms and it too offers great real estate investment and living opportunities. I am grateful to have a listing in 29 palms. If you are curious look on the Victor Valley Assocaition of Realtors or on Loopnet. Thanks Hope you found this blog interesting
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