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    72885 Ramon Rd Thousand Palms, CA 92276

    Sponsored
    For Lease
    $29 SF/Yr ($8,002 /Mo)

    Prime Retail Space, High Visibility

    Lot size:
    3,240 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3,240-square-foot retail building presents a unique investment or lease opportunity in the thriving Thousand Palms, CA market. Situated on a 0.69-acre lot at 72885 Ramon Rd, this single-tenant property boasts a highly visible corner location at the intersection of Ramon Rd and Arbol Real Ave, offering easy access to the I-10 Freeway (106,000 vehicles per day). The building, formerly occupied by Rabobank, underwent renovations in 2022 and features 22 parking spaces. Its Mixed-Use zoning allows for diverse retail uses and potential future multifamily development. The property benefits from its proximity to a strong and growing population (17,387 people within a 3-mile radius, with an average household income of $101,414 and a 24.33% growth since 2010). Furthermore, it's strategically located within a rapidly expanding retail corridor, surrounded by major retailers including Agua Caliente Resort Casino, Costco, Sam's Club, Walmart, Home Depot, and numerous fast-food and gas station chains. Built in 1991, this Class B property offers a single-story layout and is conveniently located near the intersection of Ramon Road and Monterey Avenue. The property's size and location make it ideal for a variety of retail businesses seeking high visibility and access to a substantial consumer base. This is a rare opportunity to acquire a well-positioned retail property in a rapidly growing area.

    Property Features for 72885 Ramon Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,240 SF
    Class
    B
    Total Rate
    8002.8

    Building Details

    Year Built/Renovated
    1991/2022
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    3,240 SF
    Rate per SF
    $29

    HighLights

    • High‑visibility corner retail building in Thousand Palms, CA.
    • Located at the busy intersection of Ramon Rd and Monterey Ave, with I‑10 freeway access (106,000 VPD).
    • 0.69‑acre lot with ample parking (22 spaces).
    • Strong demographics: 17,387 people within a 3‑mile radius, $101,414 average household income.
    • Thriving retail corridor near major retailers including Agua Caliente Casino, Costco, Walmart, and Home Depot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Thousand Palms
    County
    Riverside
    State
    California
    Longitude
    -116.39031288414
    Latitude
    33.81635286196

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, High Visibility
    Where is this retail property located?
    The property is located at 72885 Ramon Rd Thousand Palms, CA.
    What is the lease rate?
    The lease rate is $29 SF/Yr.
    What are key features of this property?
    This property features: High-visibility corner retail building in Thousand Palms, CA.; Located at the busy intersection of Ramon Rd and Monterey Ave, with I-10 freeway access (106,000 VPD).; 0.69-acre lot with ample parking (22 spaces).
    Request Owner's contact information
    72885 Ramon Rd Thousand Palms, CA 92276
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    Thousand Palms, CA 92276
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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
    72885 Ramon Rd Thousand Palms, CA 92276
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