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    83103 Avenue 48 Coachella, CA 92236
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    83103 Avenue 48 Coachella, CA 92236

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    • Retail space
    • 13,800 SF
    • 1.49 lot acres
    For Lease
    $2,055,000
    View Listing →
    Retail and Office Suites Available For Lease
    $2,055,000
    5,055 SF

    Retail and Office Suites Available

    Retail/office suites for lease in Coachella neighborhood center.

    83103 Ave 48, Coachella, CA 92236
    View Listing
    Property ID
    US09-3163666
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Joe’s Sushi The Cabo Way / Restaurant
    • The Brothers Nails & Spa / Nail Salon
    • Garber Financial / Loan Service / Bank
    • Jiffy Lube Auto Centers / Auto Repair Shop
    • Amazon Counter - PostalAnnex+ Service Center # / Postal Service / Courier Service

    Property Details for 83103 Avenue 48

    Year built
    2006
    Construction
    WOOD
    Lot size
    1.49 lot acres
    Property size
    13,800 SF
    Zone code
    A1
    Property type
    Retail space
    APN
    612-220-010
    APU
    612220010

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,447,000
      Market price range: $864k - $2.45M

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

    Location Insight

    • Map
    • Local Demand
    City
    Coachella
    County
    Riverside
    State
    California
    Longitude
    -116.214
    Latitude
    33.6992
    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
    $51,292
    $659,422
    $3,077,333
    $3,736,755
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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    • Value Estimation by Request
      6.99 Acres

      Coachella, CA 92236

      RETAIL STORES (PERSONAL SERVICES) • 6.99 Acres
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    • Value Estimation
      $1,215,000
      7,744 SF

      49980 Cesar Chavez St

      RETAIL STORES (PERSONAL SERVICES) • 7,744 SF
      49980 Cesar Chavez St, Coachella, CA 92236-1471
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    • Value Estimation by Request
      2,025 SF

      51678 Cesar Chavez St

      RETAIL STORES (PERSONAL SERVICES) • 2,025 SF
      51678 Cesar Chavez St, Coachella, CA 92236-1569
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    • Value Estimation
      $625,000
      3,536 SF

      83073 Ave 48

      RETAIL STORES (PERSONAL SERVICES) • 3,536 SF
      83073 Ave 48, Coachella, CA 92236-9553
      View Details
    • Value Estimation
      $895,000
      3,973 SF

      84705 Ave 50

      RETAIL STORES (PERSONAL SERVICES) • 3,973 SF
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    Similar Nearby for Sale

    • $3,265,000
      4,862 SF

      Coachella Retail Space For Sale

      Retail space available in Coachella, California, with 4,862 square feet.
      48151 Grapefruit Blvd, Coachella, CA 92236
      View Details
    • Contact for pricing

      Coachella Retail Parcels For Sale

      Retail parcels available in Coachella's retail core.
      50 Cesar Chavez & Ave, Coachella, CA 92236
      View Details
    • Contact for pricing

      Coachella NNN Investment Opportunity

      Corporate-guaranteed, long-term NNN investment property in Coachella, California.
      52152 Cesar Chavez St, Coachella, CA 92236
      View Details
    • $4,000,000
      3,844 SF

      Retail Property in Indio, CA

      Retail property available for sale in Indio, California.
      48103 Grapefruit Blvd, Indio, CA 92236
      View Details

    Similar Nearby for Lease

    • $2.00 SF/Yr
      1,680 SF

      Retail Space Available For Rent

      Retail space available for lease in Coachella, California.
      48220 Jackson St, Coachella, CA 92236
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in Coachella, California.
      49978 Harrison St, Coachella, CA 92236
      View Details
    • $1,665 /Mo
      1,110 SF

      Coachella Commercial Spaces For Rent

      New construction mixed-use building with commercial spaces and apartments.
      51392 Cesar Chavez St, Coachella, CA 92236
      View Details
    • Contact for pricing

      Retail and Office Suites Available

      Retail/office suites for lease in Coachella neighborhood center.
      83103 Avenue 48, Coachella, CA 92236
      View Details
    • $1,200 /Mo

      Coachella Industrial Warehouse For Rent

      Industrial warehouse with loading dock and private restroom available for rent.
      51701 Grapefruit Blvd, Coachella, CA 92236
      View Details

    Property Visit Statistics

    • Visits by month
      2.7k
    • Visitors by month
      2.4k
    • Avg Time on site
      21 min
    View Listing
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    83103 Avenue 48
    Coachella, CA 92236
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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