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72885 Ramon Rd
Thousand Palms, CA 92276
Freestanding Bank / Retail / Medical / Office · Retail Property For Sale
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
$1,308,910 CAD
Price Per SF
$403.98 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
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’ on Ramon Rd
AMENITIES
- Bus Line
- Corner Lot
- Storage Space
PROPERTY TAXES
| Parcel Number | 693-032-006 | Improvements Assessment | $837,800 CAD |
| Land Assessment | $212,009 CAD | Total Assessment | $1,049,809 CAD |
PROPERTY TAXES
Parcel Number
693-032-006
Land Assessment
$212,009 CAD
Improvements Assessment
$837,800 CAD
Total Assessment
$1,049,809 CAD
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