Palm Springs Business Park
5000 5055 Calle San Raphael Palm Springs, CA 92264
5000 5055 Calle San Raphael, Palm Springs, CA, 92264
$4,500,000
For Sale
$4,500,000
Three-building industrial and flex space on Indian lease land.
Property Size38,263 SF
Lot Size2.12 Acres
Price / SF$117.61
Days on Market68
Property Features for 5000 5055 Calle San Raphael
General Information
- Standard status
- Active
- Size
- 38,263 SF
- Lot size
- 2.12 Acres
- Property subtype
- Commercial
Listing agency
Coldwell Banker Commercial Lyle & Associates
(760) 772-6400
Listed by
Marta Blodgett · License #01309501
(760) 772-6400
Source
Elliman
Added: May 16 Updated: Jul 10 at 3:58PM Checked: Jul 21 at 9:08AM
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 Coldwell Banker Commercial Lyle & Associates
Investment Insights
Based on property information with market context.
Champion Business Park, located at the northeast corner of E Calle San Rafael and Gene Autry Trail, offers an opportunity to establish a business on Indian lease land. The property features a 3-building industrial warehouse totaling 38,263 square feet on a 2.12-acre lot. The M1-zoned property is located minutes from Freeway 111, providing connectivity for clients and suppliers. Situated on leased tribal land, Champion Business Park offers access to a Palm Springs location at a lower upfront cost compared to fee-simple properties, with long-term lease terms ensuring stability for business operations. The location is minutes from downtown Palm Springs and major highways. The property is suitable for retailers, automotive suppliers, and startups. Nearby attractions include Indian Canyons, VillageFest, and the Santa Rosa Mountains. The bike score is 33, the walk score is 27, and the transit score is 28.
Key Highlights
- Strategic location: Minutes from downtown Palm Springs and Freeway 111, providing excellent accessibility.
- Indian lease land advantage: Lower upfront cost compared to fee‑simple properties with long‑term lease terms.
- Versatile building features: 3‑Building industrial warehouse totaling 38,263 SF on a 2.12‑acre lot, providing ample space.
Local 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 | $477.5k | $12.48 |
| − Vacancy | −$28.7k | −$0.75 |
| EGI | $448.9k | $11.73 |
| − OpEx | −$67.3k | −$1.76 |
| NOI | $381.5k | $9.97 |
38,263 SF · lease $12.48/SF/yr · vacancy 6.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$5.45M
$4.77M – $6.36M
NOI $381,540 @ 7.0% cap · market cap 8.48%
Second Best
Industrial
$4.49M
$3.93M – $5.24M
NOI $314,210 @ 7.0% cap · market cap 6.98%
Theoretical Best
Office A
$11.46M
$10.03M – $13.37M
NOI $802,406 @ 7.0% cap · market cap 17.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Firehouse Subs The Springs — 5200 Ramon Rd G4, Palm Springs, CA 92264
- Park Catering & Events LLC — 927 Crossley Rd, Palm Springs, CA 92264
- Encanto Catering LLC — 767 S Williams Rd, Palm Springs, CA 92264
- Zona Catering & Events — 927 Crossley Rd, Palm Springs, CA 92264
- Love At First Bite Catering — 942 Vella Rd, Palm Springs, CA 92264
FAQs
What type of property is this?
Flex space - Three-building industrial and flex space on Indian lease land.
Where is this flex space located?
The property is located at 5000 5055 Calle San Raphael Palm Springs, CA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Strategic location: Minutes from downtown Palm Springs and Freeway 111, providing excellent accessibility.; Indian lease land advantage: Lower upfront cost compared to fee‑simple properties with long‑term lease terms.; Versatile building features: **3‑Building industrial warehouse totaling 38,263 SF on a 2.12‑acre lot**, providing ample space.
