84845 Avenue 48Coachella, CA 92236

  • Industrial properties
  • 13,832 SF
For Sale
$40,000,000 View listing

Property Details for 84845 Avenue 48

Year built
2019
Construction
WOOD
Lot size
6.00 AC
Property size (Sq ft)
13,832 SF
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
603-232-031
APU
603232031

Description

This exceptional 6-acre commercial property presents a significant investment opportunity in the thriving Coachella, CA market. Located at 84845 Ave 48, this expansive lot offers unparalleled potential for a wide range of commercial developments. The property's substantial size allows for ample flexibility in design and construction, accommodating large-scale projects or the creation of multiple smaller commercial units. Its strategic location within Coachella provides excellent visibility and accessibility, ensuring high traffic flow and potential for significant returns. The area is experiencing robust growth, making this a particularly attractive investment for forward-thinking entrepreneurs and developers. The property is currently vacant, providing a blank canvas for a custom-designed commercial venture. This presents a unique chance to shape the future of a key area within Coachella, capitalizing on the region's expanding economy and increasing demand for commercial space. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The asking price is $40,000,000. Detailed site plans and zoning information are available upon request. Don't miss this rare opportunity to acquire a substantial commercial land parcel in a rapidly developing market.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,351,362
    Hospitality
    $3,985,824
    Educational
    $3,316,159
    Medical
    $3,430,206
    Retail
    $5,158,469
84845 Avenue 48, Coachella, California
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Location Insight

City
Coachella
County
Riverside
State
California
Latitude
33.6994
Longitude
-116.184
CBSA code
40140
CBSA name
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$310,467
$482,618
$24,042,403
$24,525,021
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