43875 Washington StPalm Desert, CA 92211

  • Office properties
  • 10,338 SF
For Lease
$15.60/SF/YR View listing

Property Details for 43875 Washington St

Year built
1985
Construction
WOOD
Lot size
1.20 AC
Property size (Sq ft)
10,338 SF
Zone code
OP
Property type
Office properties
Property subtype
Office buildings
APN
637-340-037
APU
637340037

Description

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
43875 Washington St, Palm Desert, California

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

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
$19,059
$513,088
$1,023,769
$1,536,857
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