75181 Mediterranean Ave Palm Desert, CA 92211
- Warehouses
- 14,370 SF
Current Use by Public Records
- Warehouses
Property Details for 75181 Mediterranean Ave
- Year built
- 1987
- Property size
- 14,370 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional 14,370-square-foot industrial building in Palm Desert, CA, presents a compelling investment opportunity. Located at 75181 Mediterranean Ave, 92211, this single-story, 1987-built structure underwent a complete renovation in 2009. Currently vacant, the property boasts a flexible layout suitable for single or multi-tenant occupancy. Features include a reception area, conference room, eight private offices, a large break room, four restrooms, and ample storage. The warehouse area offers four 12-foot roll-up doors, evaporative coolers, and a 14-foot clear ceiling height. A significant advantage is the inclusion of a solar panel system, reducing operational costs. The property also benefits from Sola-tubes for natural light and a secured yard with motorized gates. The building is zoned SI and allows for rent bumps. The asking price is $2,690,000, translating to $187.20 per square foot. This credit-rated property offers a strong return on investment potential. The property is situated in Riverside County, California.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palm Desert
- County
- Riverside
- State
- California
- Longitude
- -116.353
- Latitude
- 33.7438
