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45900 Fargo St 1,586 SF Retail Building Indio, CA 92201 $1,600,000 ($1,008.83/SF)
Investment Highlights
- At the entrance of Downtown Indio
- Up to 10,000 college students, 2,500 County of Riverside employees and over 200 city employees are in the area
- Downtown Indio is undergoing a resurgence
- Jury Duty for criminal trials and Family Law draw hundreds into the area on a daily basis.
Executive Summary
7/1 UPDATE: Price has been lowered to $1,600,000. The subject property is made up of four adjacent parcels. There are two buildings and their respective street addresses are 83010 Highway 111 and 45900 Fargo Street.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,586 SF
Building Class
C
Year Built
1950
Price
$1,600,000
Price Per SF
$1,008.83
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.52 AC
Zoning
DT-N - As part of the Downtown Specific Plan, the property is zoned DT-N for Downtown Neighborhood. Retail, restaurant, office, apartments and hotel allowed.
Parking
5 Spaces (3.15 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $16,126 | |
| Land Assessment | $670,238 | Total Assessment | $686,364 |
Property Taxes
Parcel Numbers
Land Assessment
$670,238
Improvements Assessment
$16,126
Total Assessment
$686,364
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Contact the Sale Advisor
45900 Fargo St