84845 Avenue 48 Coachella, CA 92236
- Manufacturing properties
- 13,832 SF
- 6.00 lot acres
Current Use by Public Records
- Manufacturing properties
Property Details for 84845 Avenue 48
- Year built
- 2019
- Construction
- WOOD
- Lot size
- 6.00 lot acres
- Property size
- 13,832 SF
- Property type
- 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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $5,750,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $6,250,000
- 6.5%
- $5,740,000
- 7%
- $6,190,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $5,165,000
- Geo Method
- $5,115,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,035,000
- Retail
- $5,090,000
- Mixed-Use
- $5,680,000
- Hospitality
- $5,985,000
- Educational
- $5,510,000
- Residential Income
- $5,615,000
- Energy
- $6,385,000
- Income-Based Land
- $6,480,000
- Food Service
- $6,550,000
Location Insight
- Map
- Local Demand
- City
- Coachella
- County
- Riverside
- State
- California
- Longitude
- -116.184
- Latitude
- 33.6994
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
