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    42420 Washington St Bermuda Dunes, CA 92203

    For Sale
    $1,100,000

    Vacant 3,123 SF retail building in high-traffic location.

    Property size:
    3,123 SF

    Property Features for 42420 Washington St

    General Information

    Size
    3,123 SF

    Building Details

    Year built
    2004

    Source: Mark Spohn BRE#00432221 Agent Mark Spohn BRE#00432221

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Retail Building in Bermuda Dunes

    This is a 3,123 square foot freestanding vacant retail building, formerly a bank branch, situated at the entrance to Washington Square Shopping Center in Bermuda Dunes. The location offers easy access, high traffic, and high visibility, enhanced by building signage on three sides and abundant customer parking. The shopping center is anchored by Ralph’s, Home Goods, and Walgreens. The property is located on Washington Street, midway between Interstate 10 FWY and HWY 111, making it accessible to the communities of Bermuda Dunes, Palm Desert, and La Quinta. The surrounding area is a densely developed residential area with a population of over 152,000 residents within a 5-mile radius. The average household income is over $103,690 annually. The 146,907 square foot Washington Square Shopping Center was built in 2000. The property presents an opportunity for adaptive re-use as food and beverage or high visibility retail use. Use restrictions apply.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bermuda Dunes
    County
    Riverside
    State
    California
    Longitude
    -116.3034643
    Latitude
    33.7407956

    Nearby Similar for Sale

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      78650 Avenue 42, Bermuda Dunes, CA 92203
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    FAQs

    What type of property is this?
    Bank - Vacant 3,123 SF retail building in high-traffic location.
    Where is this bank located?
    The property is located at 42420 Washington St Bermuda Dunes, CA.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - High-traffic, high-visibility location at the entrance to Washington Square Shopping Center.; - Anchored by major retailers: Ralph's, Home Goods, and Walgreens.; - Strong demographics: Over 152,000 residents within a 5-mile radius with an average household income over $103,690 annually.
    (760) 413-3985
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    42420 Washington St Bermuda Dunes, CA 92203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    42420 Washington St Bermuda Dunes, CA 92203
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