82309 Market StIndio, CA 92201
- Industrial properties
- 0.46 AC
Property Details for 82309 Market St
- Lot size
- 0.46 AC
- Zone code
- M
- Property type
- Industrial properties
- Property subtype
- Other warehouses
- APN
- 611-025-050
- APU
- 611025050
Description
This exceptional 46,220-square-foot industrial property in Indio, California, presents a compelling investment opportunity. Located on a 2.1-acre lot in Riverside County (zip code 92201), this fully occupied (100%) warehouse and manufacturing facility boasts a 6.75% cap rate and is priced at $7,550,000 ($160.10/sq ft). Built in 1989 and zoned for manufacturing, the property features 4 loading docks, including 2 dock-high doors, and a generous 20' to 24' ceiling height. The facility includes 80 parking spaces and a large fenced, gated concrete truck court, ideal for storage and operations. The building comprises approximately 38,120 square feet of warehouse space suitable for distribution, manufacturing, and assembly, complemented by an 8,100-square-foot office area. Its prime location offers easy access to Interstate 10, making it strategically positioned within the thriving Coachella Valley submarket. A 5-year lease is in place, ensuring immediate and reliable income. This property is an excellent choice for investors seeking a stable, high-return industrial asset in a rapidly growing area. The property's size and features make it suitable for a variety of industrial uses. The combination of strong occupancy, favorable location, and a high cap rate makes this a truly attractive investment prospect.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $6,303,372
- Hospitality
- $5,773,854
- Educational
- $4,803,779
- Medical
- $4,968,988
- Retail
- $7,472,546
Location Insight
- City
- Indio
- County
- Riverside
- State
- California
- Latitude
- 33.7282
- Longitude
- -116.229
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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