This exceptional Class A commercial property, located at 310-320 N Palm Canyon Dr in the heart of Downtown Palm Springs' Central Business District, offers two available office suites totaling approximately 1,984 to 2,024 square feet each. The building boasts a total of 10,159 square feet and six suites in total, providing a vibrant and thriving business environment. Each suite benefits from prominent frontage, access, and signage rights directly on Palm Canyon Drive, a highly visible and desirable location in the Coachella Valley. The property also features a private rear parking lot with 21 spaces, providing ample parking for tenants and their clients. Building amenities include private entrances, restrooms, and HVAC systems for each suite, ensuring comfort and convenience. Enhanced security measures are in place, including 24-hour access, security cameras, and overnight security patrols. Tenant improvement allowances are available, making this an attractive opportunity for businesses seeking a move-in ready space. The property is zoned for Central Business District use and is suitable for office, medical, and/or retail tenants. NNN expenses are estimated at $0.75 per square foot per month. This is a truly unique opportunity to establish a presence in one of the most sought-after locations in the Coachella Valley. Don't miss this chance to secure your space in this thriving downtown Palm Springs location.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$995,832
6.5%
$919,229
7%
$853,570
Comparable approach
Method
Valuation
Relative Method
$1,315,055
Geo Method
$2,638,543
Alternative Use
Use
Valuation
Residential
$1,003,531
Hospitality
$919,229
Educational
$764,788
Medical
$791,090
Retail
$1,189,670
Location Insight
City
Palm Springs
County
Riverside
State
California
Latitude
33.8018
Longitude
-116.544
CBSA code
40140
CBSA name
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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