3395 Indian Cyn & 174Palm Springs, CA 92262

  • Retail properties
  • 1,980 SF
For Sale
$6,500,000 View listing

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
3395 Indian Cyn & 174, Palm Springs, California

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

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
$8,494
$111,203
$507,424
$618,627
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