66292 Pierson BlvdDesert Hot Springs, CA 92240

Property Details for 66292 Pierson Blvd

Year built

2003

Construction

WOOD

Lot size

0.15 AC

Property size (Sq ft)

1,599 SF

Zone code

C

Property type

Office properties

Property subtype

Office buildings

APN

639-252-024

APU

639252024

Description

This exceptional 2,500-square-foot commercial property, situated on a 0.15-acre lot at 66292 Pierson Blvd in Desert Hot Springs, CA, presents a compelling investment opportunity. The single-story building, constructed in 2003, boasts a wood-frame structure and features a modern, inviting layout ideal for a variety of uses. Currently vacant, this property offers significant potential for owner-users or investors seeking a high-traffic location. The Downtown Commercial (C-D) zoning allows for diverse applications, including general office, retail, and restaurants. Previously occupied by a cannabis dispensary, the property holds a state license for storefront retail

• CAP approach

  CAP return

  Valuation

  6%

  $439,470

  6.5%

  $405,664

  7%

  $376,688

• Comparable approach

  Method

  Valuation

  Relative Method

  $280,501

  Geo Method

  $562,800

• Alternative Use

  Use

  Valuation

  Residential

  $503,024

  Hospitality

  $460,767

  Educational

  $383,353

  Medical

  $396,537

  Retail

  $596,327

Location Insight

City

Desert Hot Springs

County

Riverside

State

California

Latitude

33.9618

Longitude

-116.505

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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