This exceptional office space in Palm Desert, California, offers a rare opportunity to lease in a highly visible and accessible location. Situated at a bustling intersection in the Coachella Valley, this Class C building boasts a total of 14,758 square feet, with two available suites ranging from 1,878 to 5,000 square feet. The property, built in 1988, is zoned O-P (Office Professional) and features a beautiful professional office campus environment. The address is 43875 Washington St, Palm Desert, CA 92211, with a lot size matching the building's square footage. The property's APN is 637-340-037, located in Riverside County. This multi-tenant building offers traditional, executive, and medical office space options, making it suitable for a variety of businesses. Benefit from the high traffic count of 36,776 cars per day at this prominent location just north of Washington and Fred Waring. Join established businesses like La Quinta Compounding Pharmacy in this thriving community. This is an ideal opportunity for businesses seeking a prestigious and easily accessible office space in the heart of the Coachella Valley. The property offers excellent visibility and convenient access to all desert areas.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$2,841,300
6.5%
$2,622,739
7%
$2,435,400
Comparable approach
Method
Valuation
Relative Method
$1,813,518
Geo Method
$3,638,666
Alternative Use
Use
Valuation
Residential
$3,252,196
Hospitality
$2,978,994
Educational
$2,478,488
Medical
$2,563,727
Retail
$3,855,426
Location Insight
City
Palm Desert
County
Riverside
State
California
Latitude
33.7302
Longitude
-116.304
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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