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Freestanding Bank / Retail / Medical / Office 72885 Ramon Rd

3,240 SF Retail Building Thousand Palms, CA 92276 £749,550 (£231/SF)

Investment Highlights

  • High Visibility Corner Retail Opportunity with Pylon Signage Adjacent to the Busy Intersection of Ramon Rd and Monterey Ave
  • Large Fenced Lot with Ample Room for Additional Secure Storage &Parking
  • Direct Access to the I-10 Freeway with and Impressive 106,000 VPD

Executive Summary

Graystone Capital Advisors is pleased to exclusively present the opportunity to purchase 72885 Ramon Rd in Thousand Palm, CA. This property consists a 3,240 SF retail building situated on an approximately 0.69 AC lot. The former Rabobank building is zoned MU (Mixed-use) allowing for a variety ofretail uses and potential for future multifamily development. The propertyenjoys excellent visibility at the corner of Ramon Rd and Arbol Real Ave, just off from the busy intersection of Ramon and Monterey – both of which feed directly into the I-10 Freeway (106,000 VPD). The property further benefits from direct access to a strong and growing population with 17,387 people with an average household income of $101,414 within a 3-mile radius –growing by an impressive 24.33% growth since 2010. Additionally, the property sits within a rapidly growing retail corridor and is surrounded by variety of popular retailers including Agua Caliente Resort Casino, Costco, Sam’s Club, Walmart, Home Depot, In-n-Out, Chick-fi l-A, Del Taco, Starbucks, Shell, Arco, Chevron, and many more.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
3,240 SF
Building Class
C
Year Built/Renovated
1991/2022
Price
£749,550
Price Per SF
£231
Tenancy
Single
Number of Floors
1
Building FAR
0.11
Land Acres
0.69 AC
Zoning
MU (Mixed Use) - For more details on zoning, visit Ordinance No 348.4913: https://planning.rctlma.org/Portals/14/Ord_348_clean_version.pdf?ver=2020-09-24-093220-233.
Frontage
132 ft on Ramon Rd

Amenities

  • Bus Route
  • Corner Lot
  • Storage Space

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,000-3,240 SF
  • Retail
  • -
  • Now
Space Size Space Use Position Available
1st Floor 1,000-3,240 SF Retail - Now

1st Floor

Size
1,000-3,240 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 1,000-3,240 SF
Space Use Retail
Position -
Available Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
693-032-006
Land Assessment
£116,693
Improvements Assessment
£461,139
Total Assessment
£577,832
  • Listing ID: 29309228

  • Date on Market: 18/08/2023

  • Last Updated:

  • Address: 72885 Ramon Rd, Thousand Palms, CA 92276

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