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Flex Space with Office/Warehouse
For Sale
$230,000

74818 Velie Way Unit 7, Palm Desert, CA 92260

Versatile commercial unit combining office and warehouse areas within an industrial park setting.

Property SizeContact for details
Days on Market956

Property Features for 74818 Velie Way Unit 7

General Information

Standard status Active
Total Parking Spaces 1

Building Details

Year Built 1987
Listing Agency: Bennion Deville Homes
Listed By: Shannon Bommarito · License #02169178
Source: Compass
Added: Jan 17, 2024 Changed: Aug 30 Last Checked: Aug 30 at 1:42AM

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 Bennion Deville Homes

Investment Insights

Based on property information with market context.

Unit 7 at 74818 Velie Way is a flex-space property with approximately equal portions devoted to office and warehouse functions. The configuration supports integrated business operations while keeping the two areas clearly defined.

Built in 1987, the property is located within an industrial park in Palm Desert. The office and warehouse components may be occupied together or rented separately, providing flexibility for an owner-user or an arrangement involving separate users.

Key Highlights

  • Approximately half office space and half warehouse space
  • Office and warehouse areas can be used together or separately
  • Components may be rented individually or as one package

Property Analytics

Current Use

Desert Cities Electrical ... Electrical Engineer Scott Design and Title ... General Contractor AMERICAN JAZZ INSTITUTE Radio Station Dr Bakst Magnetics Medical Clinic G & G Cleaning Hardware & Home Improvement

Suggested Use

Top Pick Restaurant Dental Office Hair Salon Pharmacy Nail Salon Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

1,364
Businesses Nearby
Under-served
Demand for This Use

Demographics for 92260, CA

31,641
Population
21,659
Households
1.5
Avg Household Size
57
Median Age
38%
College-Educated
92%
High-School Grad
31.3 sq mi
ZIP Area
1,011
Density / Sq Mi
$72,252
Median Household Income
$41,810
Median Earnings
$1,654
Median Rent
$463,500
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
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Similar Off Market Nearby

  • Sodexo 74380 buttonwood dr, palm desert, ca 92260

Frequently Asked Questions

What type of property is this?
Flex space - Versatile commercial unit combining office and warehouse areas within an industrial park setting.
Where is this flex space located?
The property is located at 74818 Velie Way Unit 7 Palm Desert, CA.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Approximately half office space and half warehouse space; Office and warehouse areas can be used together or separately; Components may be rented individually or as one package
More about this property
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