Palm Desert Industrial Warehouse
For Sale
$5,910,960
34420 Gateway Dr, Palm Desert, CA 92211
Industrial warehouse near I-10, leased until February 2027.
Property Size26,868 SF
Price / SF$220
Days on Market246
Property Features for 34420 Gateway Dr
General Information
Standard status
Active
Size
26,868 SF
Property subtype
Industrial
Building Details
Year Built
2009
Listing Agency:
(760) 218-0103
Listed By:
Fabio Ceresa · License #CalDRE #01304059
(760) 218-0103
Source:
Lee-associates
Added: Nov 26, 2025
Changed: Jul 6
Last Checked: Jul 30 at 3:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fabio Ceresa
Investment Insights
Based on property information with market context.
This industrial property, located in the Pointe Monterey Business Park near the Monterey Ave. and I-10 on/off ramp, features one truck-well and a 14’ roll-up door. The warehouse has a 24’ ceiling height and is equipped with 600 AMPS of power at 408v/208v. The property is currently leased until February 28, 2027, with no options to extend. The building contains 26,868 square feet.
Key Highlights
- Excellent Location near Monterey Ave. & I‑10 on/off ramp
- High Power Capacity: 600 AMPS, 408v/208v power supply
- Features a 24’ ceiling height
Financial Insights For Warehouse
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 | $335.3k | $12.48 |
| − Vacancy | −$20.1k | −$0.75 |
| EGI | $315.2k | $11.73 |
| − OpEx | −$47.3k | −$1.76 |
| NOI | $267.9k | $9.97 |
26,868 SF · lease $12.48/SF/yr · vacancy 6.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.83M
$3.35M – $4.47M
NOI $267,915 @ 7.0% cap · market cap 4.53%
Second Best
Industrial
$3.15M
$2.76M – $3.68M
NOI $220,636 @ 7.0% cap · market cap 3.73%
Theoretical Best
Office A
$8.05M
$7.04M – $9.39M
NOI $563,444 @ 7.0% cap · market cap 9.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
484
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92211, CA
26,403
Population
20,152
Households
1.3
Avg Household Size
63
Median Age
44%
College-Educated
94%
High-School Grad
14.8 sq mi
ZIP Area
1,784
Density / Sq Mi
$87,682
Median Household Income
$55,647
Median Earnings
$1,903
Median Rent
$535,700
Median Home Value
Market
Properties on Market for Warehouses in Riverside County
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Garage Town — 73660 Dinah Shore Dr, Palm Desert, CA 92211
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- Laminate Flooring Warehouse — Thousand Palms, CA 92276
- Extra Space Storage — 73750 Dinah Shore Dr, Palm Desert, CA 92211
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse near I-10, leased until February 2027.
Where is this warehouse located?
The property is located at 34420 Gateway Dr Palm Desert, CA.
What is the asking price?
The asking price for this property is $5,910,960.
What are key features of this property?
This property features: Excellent Location near Monterey Ave. & I‑10 on/off ramp; High Power Capacity: 600 AMPS, 408v/208v power supply; Features a **24’ ceiling height**
