Climate-Controlled Flex
For Sale
$1,750,000
1227 S Gene Autry Trl, Palm Springs, CA 92264
Commercial Sale, Palm Springs, CA
Property Size6,852 SF
Lot Size0.67 Acres
Price / SF$255.40
Days on Market1019
Property Features for 1227 S Gene Autry Trl
General Information
Property type
Commercial Sale
Property subtype
Other
Security features
Security
Subdivision
334 - Palm Springs South End
Standard status
Active
APN
680570001
Size
6,852 SF
Lot size
0.67 Acres
Utilities
Heating system
Central
Amenities
reception
private restrooms
Listing Agency:
Desert Pacific Properties
(760) 360-8200
Listed By:
Susan Harvey · License #00957590
(760) 250-8992
Added: Dec 16, 2023
Changed: Sep 8
Last Checked: Sep 30 at 5:06AM
MLS# 219104203
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 flex-space property in Palm Springs includes a reception area, private restrooms, seven insulated climate-controlled rooms, and two roll-up doors. Central heating supports the building, while the secured, fenced yard adds controlled exterior space. Zoning allows a wide range of retail, commercial, and industrial uses.
Located at 1227 S Gene Autry Trl, the property is 3/4 mile from Palm Springs International Airport. Gene Autry provides direct access to I-10, which is 5 miles north. The site also offers visibility and signage along Gene Autry Trail, with traffic counts of over 32,000 cars per day.
Located at 1227 S Gene Autry Trl, the property is 3/4 mile from Palm Springs International Airport. Gene Autry provides direct access to I-10, which is 5 miles north. The site also offers visibility and signage along Gene Autry Trail, with traffic counts of over 32,000 cars per day.
Key Highlights
- Seven insulated climate‑controlled rooms
- Two roll‑up doors and private restrooms
- Secured, fenced yard
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
$68,325
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
3.90%
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%
$1,366,500
$1.4M
Cap Rate 7%
$976,071
$976.1K
Cap Rate 9%
$759,167
$759.2K
Market Conditions
NOI Build-Up for 6,852 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
$85.5K $12.48/SF
− Vacancy
−$5.1K −$0.75/SF
EGI
$80.4K $11.73/SF
− OpEx
−$12.1K −$1.76/SF
NOI
$68.3K $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%
$1,366,500
Cap Rate 7%
$976,071
Cap Rate 9%
$759,167
Alternative Uses
Best Use
Warehouse
$976.1K
$854.1K – $1.14M
NOI $68,325 @ 7.0% cap · market cap 3.90%
Second Best
Industrial
$803.8K
$703.4K – $937.8K
NOI $56,268 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$2.05M
$1.80M – $2.39M
NOI $143,692 @ 7.0% cap · market cap 8.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
515
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92264, CA
19,254
Population
17,518
Households
1.1
Avg Household Size
61
Median Age
48%
College-Educated
94%
High-School Grad
50.9 sq mi
ZIP Area
378
Density / Sq Mi
$75,246
Median Household Income
$46,756
Median Earnings
$1,581
Median Rent
$498,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Flex space - Versatile commercial building with insulated rooms, roll-up access, and a secured fenced yard.
Where is this flex space located?
The property is located at 1227 S Gene Autry Trl Palm Springs, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Seven insulated climate‑controlled rooms; Two roll‑up doors and private restrooms; Secured, fenced yard
