181 Civic Dr 1 Palm Springs, CA 92262
2,400 sq ft commercial condominium suitable for professional use.
Property Features for 181 Civic Dr 1
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1965
Listing office Equity Union (760) 408-1876
Listing date Apr 24, 2026
Source Elliman
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All listing content including descriptions, pricing, images are the copyrighted material of Equity Union
Investment Insights
Based on property information with market context.
Key Highlights
- Spacious 2,400 sq. ft Commercial Condominium
- Includes up to six private offices and a dedicated conference room
- Turnkey opportunity for owner‑user or investors
Local Financial Insights For Office B
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 | $55.0k | $22.92 |
| − Vacancy | −$4.7k | −$1.97 |
| EGI | $50.3k | $20.95 |
| − OpEx | −$12.6k | −$5.24 |
| NOI | $37.7k | $15.71 |
