44025 Jefferson StLa Quinta, CA 92253

Property Details for 44025 Jefferson St

Year built

2009

Construction

WOOD

Lot size

0.81 AC

Property size (Sq ft)

7,052 SF

Property type

Retail space

APN

604-521-009

APU

604521009

Description

Jefferson Square, located at 44025 Jefferson St, La Quinta, CA 92253, offers exceptional commercial space in the heart of the Coachella Valley. This single-story, Class A building, constructed in 2008, totals 39,000 square feet and sits on 5 acres of land. The property features multiple suites available, ranging from 1,408 to 13,969 contiguous square feet, making it ideal for a variety of businesses. The zoning is CN- Neighborhood Commercial, allowing for retail, office, and restaurant uses. The building boasts convenient access to major highways and benefits from a highly visible location at the bustling intersection of Jefferson Street and Fred Waring Drive, experiencing over 63,000 vehicles per day. Ample parking is provided with a 4.5 space per 1000 square foot ratio. The property's strategic location near a high-performing CVS and adjacent to a planned 89-unit multifamily complex ensures strong growth potential and a thriving local community. This is a unique opportunity to lease premium commercial space in a dynamic and rapidly developing area, perfectly suited for businesses seeking high visibility and accessibility within the Coachella Valley's robust market. No elevators are present.

• CAP approach

  CAP return

  Valuation

  6%

  $2,849,117

  6.5%

  $2,629,954

  7%

  $2,442,100

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,117,440

  Geo Method

  $6,254,873

• Alternative Use

  Use

  Valuation

  Residential

  $2,218,465

  Hospitality

  $2,032,102

  Educational

  $1,690,685

  Medical

  $1,748,830

  Retail

  $2,629,954

Location Insight

City

La Quinta

County

Riverside

State

California

Latitude

33.7288

Longitude

-116.27

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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