Office/Warehouse Flex
For Sale
$1,295,000
65090 San Jacinto Lane, Desert Hot Springs, CA 92240
COMMERCIAL - Desert Hot Springs, CA
Property Size7,228 SF
Lot Size1.26 Acres
Price / SF$179.16
Days on Market42
Property Features for 65090 San Jacinto Lane
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
340 - Desert Hot Springs
Standard status
Active
APN
665030016
Size
7,228 SF
Lot size
1.26 Acres
Utilities
Utilities
Water Available
Building Details
Year built
1991
Building materials
Metal
Listing Agency:
Desert Pacific Properties
(760) 360-8200
Listed By:
Paula Turner · License #00702492
(760) 360-8200
Added: Jul 16
Changed: Aug 4
Last Checked: Aug 26 at 1:06PM
MLS# 219150412
Copyright © 2026 California Desert Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale flex property includes two office/warehouse buildings and outdoor storage space. Building 1 provides 4,520 SF with office/warehouse layout and mezzanine area. Building 2 offers 2,708 SF configured as an office/warehouse. The property also features a fenced yard designed for extensive outside storage.
The asset is located at 65090 San Jacinto Lane in Desert Hot Springs, California (Riverside County). The fenced yard supports operations that benefit from outside materials or equipment staging.
Public remarks note the property is currently approved for cannabis operations under CUP 30-17, and it has been described as well-suited for contractors, mechanics, auto body shops, or landscape companies based on the combination of office space, warehouse area, and yard storage.
The asset is located at 65090 San Jacinto Lane in Desert Hot Springs, California (Riverside County). The fenced yard supports operations that benefit from outside materials or equipment staging.
Public remarks note the property is currently approved for cannabis operations under CUP 30-17, and it has been described as well-suited for contractors, mechanics, auto body shops, or landscape companies based on the combination of office space, warehouse area, and yard storage.
Key Highlights
- 2 buildings totaling 7,228 SF on 1.26 acres
- Building 1 offers 4,520 SF office/warehouse plus mezzanine
- Building 2 offers 2,708 SF office/warehouse space
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$72,074
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.57%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,441,480
$1.4M
Cap Rate 7%
$1,029,629
$1.0M
Cap Rate 9%
$800,822
$800.8K
Market Conditions
NOI Build-Up for 7,228 SF
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.
Gross rent
$90.2K $12.48/SF
− Vacancy
−$5.4K −$0.75/SF
EGI
$84.8K $11.73/SF
− OpEx
−$12.7K −$1.76/SF
NOI
$72.1K $9.97/SF
Area
Riverside County, CA
Vacancy
6.00%
Lease Rate
$12.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,441,480
Cap Rate 7%
$1,029,629
Cap Rate 9%
$800,822
Alternative Uses
Best Use
Warehouse
$1.03M
$900.9K – $1.20M
NOI $72,074 @ 7.0% cap · market cap 5.57%
Second Best
Industrial
$847.9K
$741.9K – $989.3K
NOI $59,355 @ 7.0% cap · market cap 4.58%
Theoretical Best
Office A
$2.17M
$1.89M – $2.53M
NOI $151,577 @ 7.0% cap · market cap 11.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92240, CA
40,920
Population
15,977
Households
2.6
Avg Household Size
34
Median Age
15%
College-Educated
78%
High-School Grad
35.7 sq mi
ZIP Area
1,146
Density / Sq Mi
$51,284
Median Household Income
$32,137
Median Earnings
$1,367
Median Rent
$294,200
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Two office/warehouse buildings totaling 7,228 SF on 1.26 acres with a fenced yard and outside storage.
Where is this flex space located?
The property is located at 65090 San Jacinto Lane Desert Hot Springs, CA.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 2 buildings totaling 7,228 SF on 1.26 acres; Building 1 offers 4,520 SF office/warehouse plus mezzanine; Building 2 offers 2,708 SF office/warehouse space
