181 S Civic Drive Palm Springs, CA 92262
COMMERCIAL - Palm Springs, CA
Property Features for 181 S Civic Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot, Open
- Standard status
- Active
- APN
- 502220001
- Size
- 2,400 SF
- Lot size
- 0.03 Acres
Building Details
- Year built
- 1965
- Roof type
- Flat
Listing agent Campbell Crane Team (760) 408-1876
Listing office Equity Union 460 S Palm Canyon Dr, Sherman Oaks, CA (760) 621-0395
Listing date Dec 8, 2025
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Investment Insights
Based on property information with market context.
Key Highlights
- Spacious 2,400 sq. ft commercial condominium suitable for various professional uses.
- Turnkey opportunity for owner‑user or investors.
- Includes up to six private offices and a dedicated conference room.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.0k | $22.92 |
| − Vacancy | −$4.7k | −$1.97 |
| EGI | $50.3k | $20.95 |
| − OpEx | −$12.6k | −$5.24 |
| NOI | $37.7k | $15.71 |