44349 Jackson StIndio, CA 92201

  • Office buildings
  • 7,044 SF
For Sale
$1,285,000 View listing

Property Details for 44349 Jackson St

Year built
1992
Construction
WOOD
Lot size
0.24 AC
Property size (Sq ft)
7,044 SF
Zone code
C3
Property type
Office buildings
APN
611-125-018
APU
611125018

Description

This exceptional retail investment opportunity is located at 44349 Jackson Street in Indio, California. The property boasts a substantial 6,428 square feet of retail/office space, strategically situated on a half-acre lot (0.5 acres). Currently, six of the eight units are occupied, demonstrating strong tenant demand and a stable income stream. The property's two parcels comprise a combined 21,779 square feet of land, offering potential for future expansion or development. This presents a compelling opportunity for investors seeking a well-established, high-occupancy retail property in a thriving location. The building is ideally suited for a variety of retail or office uses, providing flexibility for potential buyers. The high occupancy rate indicates a strong existing tenant base and a proven track record of success. The substantial lot size offers significant potential for future growth and development, making this a truly exceptional investment opportunity in the dynamic Indio market. The property's prime location in Indio, CA ensures high visibility and accessibility for businesses and customers alike. This is a rare chance to acquire a well-established, income-producing retail property with significant upside potential. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,935,976
    6.5%
    $1,787,055
    7%
    $1,659,408
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,235,676
    Geo Method
    $2,479,277
  • Alternative Use

    Use
    Valuation
    Residential
    $2,215,948
    Hospitality
    $2,029,796
    Educational
    $1,688,767
    Medical
    $1,746,846
    Retail
    $2,626,970

Location Insight

City
Indio
County
Riverside
State
California
Latitude
33.7269
Longitude
-116.217
CBSA code
40140
CBSA name
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 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
$11,736
$92,324
$751,335
$843,659
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-
-
-

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