Single-Story Office
For Sale
$425,000
189 S Civic Drive, Palm Springs, CA 92262
Commercial Sale, Palm Springs, CA
Property Size1,200 SF
Lot Size0.03 Acres
Price / SF$354.17
Days on Market316
Property Features for 189 S Civic Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
332 - Palm Springs Central
Standard status
Active
APN
502220005
Size
1,200 SF
Lot size
0.03 Acres
Utilities
Heating system
Central
Water source
Public
Building Details
Year built
1965
Floors in Building
1
Number of units
1
Roof type
Composition
Listing Agency:
Equity Union
(760) 621-0395
Listed By:
Lindell R Campbell
(760) 408-1876
Added: Dec 4, 2025
Changed: Oct 2
Last Checked: Oct 16 at 9:06AM
MLS# 219140001
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.
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Investment Insights
Based on property information with market context.
This 1200-square-foot office unit in Palm Springs is arranged on one level with a reception area near the entrance and a larger open workspace with extensive windows. A separate rear area provides room for file cabinets and storage, while the unit also includes a small galley kitchen and bathroom.
Front and rear exits support practical circulation through the space. The property was built in 1965 and features central heating, public water service, and a composition roof. It is located at 189 S Civic Drive in Palm Springs, California.
Front and rear exits support practical circulation through the space. The property was built in 1965 and features central heating, public water service, and a composition roof. It is located at 189 S Civic Drive in Palm Springs, California.
Key Highlights
- 1200 square feet of single‑story office space
- Open work area with extensive windows and a dedicated reception space
- Small galley kitchen and bathroom included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,854
Cap Rate
4.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$377,080
$377.1K
Cap Rate 7%
$269,343
$269.3K
Cap Rate 9%
$209,489
$209.5K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$27.5K $22.92/SF
− Vacancy
−$2.4K −$1.97/SF
EGI
$25.1K $20.95/SF
− OpEx
−$6.3K −$5.24/SF
NOI
$18.9K $15.71/SF
Area
Riverside County, CA
Vacancy
8.60%
Lease Rate
$22.92 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$377,080
Cap Rate 7%
$269,343
Cap Rate 9%
$209,489
Alternative Uses
Best Use
Office B
$269.3K
$235.7K – $314.2K
NOI $18,854 @ 7.0% cap · market cap 4.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$359.5K
$314.6K – $419.4K
NOI $25,165 @ 7.0% cap · market cap 5.92%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
971
Businesses Nearby
Explore this area
Business Placement
Demographics for 92262, CA
26,593
Population
19,940
Households
1.3
Avg Household Size
54
Median Age
42%
College-Educated
93%
High-School Grad
35.1 sq mi
ZIP Area
758
Density / Sq Mi
$70,514
Median Household Income
$42,940
Median Earnings
$1,420
Median Rent
$600,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office units - Open-plan workspace includes reception area, galley kitchen, bathroom, storage, and abundant windows.
Where is this office units located?
The property is located at 189 S Civic Drive Palm Springs, CA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 1200 square feet of single‑story office space; Open work area with extensive windows and a dedicated reception space; Small galley kitchen and bathroom included
