63 Amity RdNew Haven, CT 06515

  • Other commercial real estate
  • 8,712 SF
For Sale
$1,395,000 View listing

Property Details for 63 Amity Rd

Year built
2003
Construction
STEEL FRAME
Lot size
0.38 AC
Property size (Sq ft)
8,712 SF
Zone code
BA
Property type
Other commercial real estate
Property subtype
Showrooms
APN
NHVN M:429 B:1173 L:01200
APU
NHVNM429B1173L01200

Description

This 1,800 square foot property, built in 1970, offers a unique opportunity in the heart of Downtown Palm Springs. Currently, 1,191 square feet are available for lease in this multi-tenant building. The building boasts a prime location at the northeast corner of N. Palm Canyon Drive and E. Tahquitz Canyon Way, and the northwest corner of N. Indian Canyon Drive and E. Tahquitz Canyon Way. Benefit from exceptional visibility and high foot and auto traffic, with unobstructed frontage on two major streets. Ample on-street parking is available on both N. Palm Canyon Drive and E. Tahquitz Canyon Way, supplemented by abundant private parking in the rear on N. Indian Canyon Drive. This landmark property is situated across from the Downtown Museum Marketplace project, including The Rowan Hotel, and near Agua Caliente Casino, Cultural Museum, and Seche Spa. Its proximity to numerous boutique hotels, restaurants, nightclubs, retail stores, and upscale residential areas makes it an ideal location for a variety of businesses. The property's nostalgic charm and exceptional location present endless possibilities for a discerning tenant. Riverside County location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,117,320
    6.5%
    $1,954,449
    7%
    $1,814,846
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,868,541
    Geo Method
    $2,868,541
  • Alternative Use

    Use
    Valuation
    Residential
    $1,648,651
    Hospitality
    $1,510,156
    Educational
    $1,256,432
    Medical
    $1,299,642
    Retail
    $1,954,449
63 Amity Rd, New Haven, Connecticut

Location Insight

City
New Haven
County
New Haven
State
Connecticut
Latitude
41.3364
Longitude
-72.9778
CBSA code
35300
CBSA name
NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$29,680
$233,800
$537,110
$770,910
-
-
-
-

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