3395 Indian Cyn & 174Palm Springs, CA 92262
- Retail properties
- 1,980 SF
Property Details for 3395 Indian Cyn & 174
- Year built
- 1947
- Construction
- WOOD
- Lot size
- 0.48 AC
- Property size (Sq ft)
- 1,980 SF
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 669-452-070
- APU
- 669452070
Description
This exceptional investment opportunity presents a portfolio of two industrial properties totaling 7,564 square feet, strategically located at 3395 N. Indian Canyon & 174 W. San Rafael in Palm Springs, California, zip code 92262. The properties are situated on three parcels of land in Riverside County, offering significant potential for future development or expansion. The combined asking price for this portfolio is $6,500,000, translating to a price per square foot of $859.33. This prime location enjoys high traffic volume, acting as a gateway to Palm Springs. The properties benefit from convenient access to the 10 Freeway, providing easy connectivity to all areas of the Greater Coachella Valley. The properties are classified as both warehouse and manufacturing space, making them suitable for a variety of industrial uses. This is a rare opportunity to acquire a well-positioned industrial portfolio in a rapidly growing area of Palm Springs. The properties are ideally suited for investors seeking strong returns in a high-demand market. Further details regarding the individual building specifications and zoning are available upon request.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $799,951
- 6.5%
- $738,416
- 7%
- $685,672
-
Comparable approach
- Method
- Valuation
- Relative Method
- $875,288
- Geo Method
- $1,756,190
-
Alternative Use
- Use
- Valuation
- Residential
- $622,881
- Hospitality
- $570,556
- Educational
- $474,696
- Medical
- $491,021
- Retail
- $738,416
Location Insight
- City
- Palm Springs
- County
- Riverside
- State
- California
- Latitude
- 33.8598
- Longitude
- -116.546
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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