Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    82970 Requa Ave Indio, CA 92201-4536
    Back to Search
    Property profile & analytics

    82970 Requa Ave, Indio, CA 92201-4536

    View on Map

    • Retail space
    • 12,000 SF
    • 0.34 lot acres
    Off-Market
    Last Sale Sep 19, 2024
    $1,450,000
    Property ID
    US10-3113908
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,470,000
    Show details
    Cap Rate Potential
    8.5%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Upon This Rock Church / Church
    • Southwest Church Thrift Store / Discount Store

    Property Details for 82970 Requa Ave

    Year built
    1994
    Construction
    WOOD
    Lot size
    0.34 lot acres
    Property type
    Retail space
    APN
    611-213-037
    APU
    611213037

    Description

    This exceptional value-add retail property, located at 82970 Requa Ave, Indio, CA 92201, presents a compelling investment opportunity. The 12,000 square foot storefront sits on a 0.85-acre lot and features two tenants, including a long-term anchor tenant occupying a significant portion of the space for over 20 years, ensuring consistent rental income. The property boasts a gross lease structure and a pro-forma cap rate of 6.00% (at new property taxes). Built in 1981, the building is zoned DT-N, allowing for expansive redevelopment potential. Its prime location in Indio's downtown corridor offers high visibility due to its placement at a signalized intersection of Jackson St and Requa Ave. The property benefits from easy access to Highway 111 and I-10 Freeway, along with ample surface and street parking. The asking price is $1,580,000, translating to $131.67 per square foot. Proximity to the College of the Desert - Indio Campus and community-focused tenants further enhance its appeal. This property offers a blend of immediate income generation and significant long-term growth potential, making it an attractive investment for discerning buyers. The APN numbers are 611213036, 611213037, and 611213038.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,035,000
      ML approach
      $2,020,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,110,000
      Market price range: $975k - $3.96M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $2,120,000
      Current use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Indio
    County
    Riverside
    State
    California
    Longitude
    -116.217
    Latitude
    33.718
    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
    $13,787
    $80,413
    $892,928
    $973,341
    -
    $0.00
    $0.00
    $0.00
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message