82365 Us Highway 111 Indio, CA 92201
- Retail space
- 2,524 SF
- 1.30 lot acres
Current Use by Public Records
- Retail space
Property Details for 82365 Us Highway 111
- Year built
- 1964
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.30 lot acres
- Property size
- 2,524 SF
- Zone code
- C2
- Property type
- Retail space
- APN
- 614-031-005
- APU
- 614031005
Description
This exceptional 12,079-square-foot retail and office center in Indio, California, presents a lucrative investment opportunity. Priced at $3,998,000, the property boasts a prime location on 1.3 acres of land at 82365 US Highway 111. The center comprises nine buildings, offering a diverse range of spaces suitable for various businesses. The property includes two distinct building sections: one 5,310-square-foot structure built in 1979 and a second, 6,769-square-foot building constructed in 1953. Its strategic location between Jackson Street and Monroe Street in Indio places it within convenient walking distance of the Indio Mall and the Lawson Justice Center, ensuring high visibility and foot traffic. This central Coachella Valley location, approximately 15 miles southeast of Palm Springs, benefits from strong regional accessibility and a thriving local economy. The property's size and versatile layout make it ideal for a variety of retail and office uses, presenting a compelling opportunity for investors seeking a high-return investment in a desirable location. The combination of established infrastructure and high-traffic location makes this a truly exceptional commercial property.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,090,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,140,000
- 6.5%
- $1,770,000
- 7%
- $1,840,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,675,000
- Geo Method
- $2,200,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,830,000
- Retail
- $1,815,000
- Mixed-Use
- $1,615,000
- Hospitality
- $1,845,000
- Educational
- $2,095,000
- Residential Income
- $1,755,000
- Energy
- $1,830,000
- Income-Based Land
- $1,805,000
- Food Service
- $1,915,000
Location Insight
- Map
- Local Demand
- City
- Indio
- County
- Riverside
- State
- California
- Longitude
- -116.227
- Latitude
- 33.7143
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA