Freestanding Retail Building with
For Sale
$250,000
47985 Monroe St, Indio, CA 92201
Single-story commercial space offers signalized-corner access, two curb cuts, and flexible NC zoning.
Property Size17,393 SF
Lot Size1.69 Acres
Price / SF$14.37
Days on Market110
Property Features for 47985 Monroe St
General Information
Standard status
Active
Size
17,393 SF
Total Parking Spaces
70
Lot size
1.69 Acres
Property subtype
Vacant-User
Zoning
NC
Site & Location
Corner Location
Yes
Drive-Thru
Yes
Road Access
Yes
Amenities
STARTING BID $250,000 | Former Rite Aid with Drive-Thru | 36K VPD | Signalized Hard Corner | $113K Avg HH Income | AUCTION MAY 18-20
17,393 SF Freestanding Former Rite Aid with Drive-Thru on 1.685 AC Parcel
Signalized Hard Corner with ±20,579 VPD Traffic Counts on Monroe Street and ±15,573 VPD on Avenue 48
Nearby Nationals: Walmart, Costco, Home Depot, Lowe's, Target, Hobby Lobby, Trader Joe's, Kohl's, Sprouts, Best Buy, Starbucks, Walgreens, and more
Attractive Demographics with Population of ±193,482 and Annual Household Income of ±$113,243 (5-Mile)
14.29% Population Growth from 2020-2025 and 4.91% Growth Projected from 2025-2030 (5-Mile Radius)
Zoned NC, Neighborhood Center District with a Variety of Permitted Uses
Building Details
Building Size
17,393 SF
Year Built
2008
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Fort Lauderdale Office
(954) 245-3408
Listed By:
Philip Kates · License #License(s): FL: SL3235872
(954) 245-3408
Source:
Marcusmillichap
Added: May 14
Changed: Aug 30
Last Checked: Aug 30 at 4:51PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fort Lauderdale Office
Investment Insights
Based on property information with market context.
This vacant, freestanding retail property includes a 17,393-square-foot, single-story building constructed in 2008 on approximately 1.685 acres. The site has a drive-through, 70 surface parking spaces, and two curb cuts supporting access from the surrounding street network. The building was previously occupied by Rite Aid and is zoned NC, Neighborhood Center, which accommodates a broad range of retail, service, and commercial uses.
The property occupies the signalized intersection of Monroe Street and Avenue 48 in Indio, with approximately 175 feet of Monroe Street frontage and 248 feet along Avenue 48. Reported traffic volumes are approximately 20,579 VPD on Monroe Street and 15,573 VPD on Avenue 48. Regional access is available via I-10, approximately 2.5 miles away, and CA-111. The surrounding 5-mile trade area includes approximately 193,482 residents and an average household income of approximately $113,243.
The property occupies the signalized intersection of Monroe Street and Avenue 48 in Indio, with approximately 175 feet of Monroe Street frontage and 248 feet along Avenue 48. Reported traffic volumes are approximately 20,579 VPD on Monroe Street and 15,573 VPD on Avenue 48. Regional access is available via I-10, approximately 2.5 miles away, and CA-111. The surrounding 5-mile trade area includes approximately 193,482 residents and an average household income of approximately $113,243.
Key Highlights
- 17,393‑square‑foot single‑story retail building constructed in 2008
- Approximately 1.685‑acre parcel with 70 surface parking spaces
- Drive‑through and two curb cuts provide multiple access points
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
728
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92201, CA
66,989
Population
26,241
Households
2.6
Avg Household Size
35
Median Age
16%
College-Educated
70%
High-School Grad
16.2 sq mi
ZIP Area
4,135
Density / Sq Mi
$66,663
Median Household Income
$35,527
Median Earnings
$1,349
Median Rent
$372,800
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Single-story commercial space offers signalized-corner access, two curb cuts, and flexible NC zoning.
Where is this storefront property located?
The property is located at 47985 Monroe St Indio, CA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 17,393‑square‑foot single‑story retail building constructed in 2008; Approximately 1.685‑acre parcel with 70 surface parking spaces; Drive‑through and two curb cuts provide multiple access points
