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.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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