PROPERTY EVALUATION (RESTRICTED REPORT)
Average Sales Price
$90,000
$80,000
$70,000
$60,000
$50,000
$40,000
$30,000
$20,000
$10,000
$-
2016
2017
2018
2019
2020
Neighborhood Analysis:
The subject property is located at the northwest corner of Golf Course Drive and Sunrise Circle. Its neighborhood is defined by Ramon Road to its North; Dinah Shore Drive to the South; Da Vall Drive to its East; and Date Palm Drive to its West. Access to this neighborhood is predominantly via the 10 & 111 freeways. The majority of the buildings in the subject neighborhood were constructed between the 1970s and 1990s. The neighborhood area is currently in a state of stability. The subject is surrounded by residential buildings, a golf course, and vacant land. There are four influences on value: locational, economic, social and governmental. The locational influences on value are positive with respect to being within proximity to the freeway and being located on a well maintained professional street. The economic influences on value are positive with respect to the stable vacancy, stable rental rates and desire of many residents to be in this area. The social influences on value are positive with respect to the area being acceptable to the tenants and having no urban blight. Finally, the governmental influences are positive with respect to the positive attitude towards growth.
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