Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    NW Cor Ave 54 & Polk St Coachella, CA 92236

    View on Map
    For Sale
    $750,000

    LAND - CA

    Lot size:
    2.51 Acres
    Added:
    May 17, 2024
    Days on Market:
    685
    Last Refresh:
    Apr 1 at 4:06 pm

    Property Features for NW Cor Ave 54 & Polk St

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    MH
    Standard status
    Active
    APN
    763-141-048
    Lot size
    2.51 Acres

    We can help!

    Listing Contact
    Michelle Gold
    Michelle Gold

    Listing agent Michelle Gold License #01042978

    Listing office Desert Gold Properties Inc. 32742 Lamtarra Loop, Menifee, CA

    Listing date May 17, 2024

    MLS# 24394127IC

    Copyright © 2026 Imperial County 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.

    Overview

    Coachella Land For Sale

    This 2.51-acre property is located at the northwest corner of Avenue 54 and Polk Street in Coachella, California. The property is zoned M-H, allowing for various uses. Utilities are available at the property line and within the street. The site is near the Coachella Civic Center and corporate yard on Enterprise Way, close to Highway 111, the Southern Pacific Railroad to the west, and Highway 86 to the east. The Assessor's Parcel Number is 763-141-048. The property is sold "As-Is," and the seller and agents make no warranties except as to Title. Buyers are responsible for conducting their own due diligence.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Coachella
    County
    Riverside
    State
    California
    Longitude
    -116.147593
    Latitude
    33.657112

    Nearby Similar for Sale

    • $1,199,000

      Coachella Land with Date Palms

      9.76 acres with water well and date palm trees.
      49300 Polk Street, Coachella, CA 92236
      View Details
    • $539,000

      Coachella Land For Sale

      Commercial land suitable for various business ventures in Coachella, CA.
      50529 Grapefruit Boulevard, Coachella, CA 92236
      View Details
    • $1,592,400

      Coachella Land for Development

      26.54 acre commercial land parcel in Coachella, California.
      0 Dillon Road, Coachella, CA 92236
      View Details
    • $750,000

      Coachella Land Near Festival Grounds

      4.77-acre parcel near Coachella and Stagecoach festival grounds.
      84640 Ave 54, Coachella, CA 92236
      View Details
    • $129,000

      Coachella Vacant Land Opportunity

      Vacant residential land on the busiest street in Coachella.
      53049 Cesar Chavez Street, Coachella, CA 92236
      View Details
    • $258,000

      Coachella Land Lot Opportunity

      Large residential lot on a busy street in Coachella, CA.
      53079 Cesar Chavez Street, Coachella, CA 92236
      View Details
    • Contact for pricing
      9,660 SF

      Coachella NNN Investment Opportunity

      Corporate-guaranteed, long-term NNN investment property in Coachella, California.
      52152 Cesar Chavez St, Coachella, CA 92236
      View Details
    • $750,000

      Coachella Land For Sale

      2.51 acres in Coachella, CA, zoned M-H.
      Nw Cor 54 & Polk Street, Coachella, CA 92236
      View Details
    • $21,707,600
      41,092 SF

      Class A Medical Building For Sale

      41,092 SF Class A medical building in Coachella, CA.
      49869 Calhoun St, Coachella, CA
      View Details
    • $3,265,000
      4,862 SF

      Coachella Retail Space For Sale

      Retail space available in Coachella, California, with 4,862 square feet.
      48151 Grapefruit Blvd, Coachella, CA 92236
      View Details
    • $1,879,800

      Coachella Land/Lot Opportunity

      31.33 acre Coachella land parcel for residential or multi-unit development.
      1 Dillion Road, Coachella, CA 92236
      View Details
    • $49,000

      Coachella Land with I-10 Frontage

      23.52 acres with I-10 frontage near Coachella, California.
      23.52 Ac I-10, Coachella, CA 92236
      View Details

    FAQs

    What type of property is this?
    Land - 2.51 acres in Coachella, CA, zoned M-H.
    Where is this land located?
    The property is located at NW Cor Ave 54 & Polk St Coachella, CA.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: 2.51 acres (More or Less) in Coachella, CA; Zoned M‑H with many variable uses; Utilities at the property line and within the street
    (760) 285-6271
    We can help!
    Listing Contact
    Michelle Gold
    Michelle Gold
    Real Estate License ID: 01042978
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!