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Two-Story Office Building with Parking
For Sale
$580,000

66595 Pierson Boulevard, Desert Hot Springs, CA 92240

COMMERCIAL - Desert Hot Springs, CA

Property Size2,400 SF
Lot Size0.15 Acres
Price / SF$241.67
Days on Market111

Property Features for 66595 Pierson Boulevard

General Information

Property type Commercial Sale
Property subtype Other
Parking 22
Parking features On Street, Covered, Garage, Alley
Subdivision 340 - Desert Hot Springs
Standard status Active
APN 641101016
Size 2,400 SF
Lot size 0.15 Acres

Utilities

Heating system Forced Air, Central, Heat Pump (Heating)
Water source Public

Building Details

Year built 1965
Number of units 1
Building materials Block
Roof type Composition
Listing Agency: HomeSmart
Listed By: Salvador Hernandez · License #01277108
Added: Apr 12 Changed: Jul 24 Last Checked: Jul 31 at 5:06PM
MLS# 219146460

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.

Two-level commercial office building for sale with approximately 2,400 square feet and existing AC conditions. The property includes parking on the side and at the back of the building and is described as facing a commercial center.

Located at 66595 Pierson Boulevard in Desert Hot Springs, the building is positioned about 400 feet from the date palms and DHS Offices, and it is near a bank with a shopping center across from the property. The listing also notes services available including gas, water, and electricity.

The building is described as currently vacant and suited for owner-user use.

Key Highlights

  • 66595 Pierson BLV, Desert Hot Springs, CA commercial building for sale
  • 2,400 SF, 2‑level building built in 1965 with block construction
  • Forced air / central heating plus heat pump (heating); composition roof

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
2,400 SF · lease $22.92/SF/yr · vacancy 8.60% · expense 25.00%

Alternative Uses

Best Use
Office B
$538.7K
$471.4K – $628.5K (±1% cap)
NOI $37,708 @ 7.0% cap · market cap 6.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$719.0K
$629.1K – $838.8K (±1% cap)
NOI $50,330 @ 7.0% cap · market cap 8.68%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Dental Office Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

558
Businesses Nearby

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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Two-level office building offering approximately 2,400 SF with parking along the side and rear.
Where is this office building located?
The property is located at 66595 Pierson Boulevard Desert Hot Springs, CA.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: 66595 Pierson BLV, Desert Hot Springs, CA commercial building for sale; 2,400 SF, 2‑level building built in 1965 with block construction; Forced air / central heating plus heat pump (heating); composition roof
More about this property
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