39810 Portola AvePalm Desert, CA 92260

Property Details for 39810 Portola Ave

Year built

2008

Construction

WOOD

Lot size

0.37 AC

Property size (Sq ft)

6,445 SF

Zone code

OP

Property type

Office properties

Property subtype

Office buildings

APN

620-430-032

APU

620430032

Description

This exceptional single-tenant office building, located at 39810 Portola Ave, Palm Desert, CA 92260, presents a unique opportunity in the desirable Palm Desert submarket of Riverside County. Situated near Country Club Drive, this stand-alone structure boasts distinctive modern architecture and is part of a beautifully landscaped and well-maintained business park. The property features ample covered parking for convenience. The interior offers a large, open floor plan, providing exceptional flexibility for a variety of uses, including executive, medical, or creative office spaces. The versatile layout allows for customization to suit specific business needs. This property is classified as Retail, Office, and Special Purpose, catering to diverse operational requirements. The building's modern design and prime location make it an ideal choice for businesses seeking a prestigious and functional workspace. Tenant improvement allowances are negotiable, offering potential cost savings for the incoming tenant. The property's address is easily accessible and benefits from high visibility within the business park. This is a rare opportunity to secure a high-quality, single-tenant office building in a sought-after location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,771,347

  6.5%

  $1,635,089

  7%

  $1,518,297

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,130,598

  Geo Method

  $2,268,447

• Alternative Use

  Use

  Valuation

  Residential

  $2,027,511

  Hospitality

  $1,857,189

  Educational

  $1,545,159

  Medical

  $1,598,300

  Retail

  $2,403,581

Location Insight

City

Palm Desert

County

Riverside

State

California

Latitude

33.761

Longitude

-116.373

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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