Flex Space with Work
New
For Sale
$549,000
2454 56 Stirrup Rd, Borrego Springs, CA 92004
Flexible commercial layout with connected electricity and public water for business, storage, distribution, or owner-user needs.
Property Size3,796 SF
Lot Size0.24 Acres
Price / SF$144.63
Days on Market3
Property Features for 2454 56 Stirrup Rd
General Information
Standard status
Active
Size
3,796 SF
Lot size
0.24 Acres
Property subtype
Industrial
Site & Location
Road Access
Yes
Utilities to Site
Yes
Building Details
Building Size
3,796 SF
Year Built
1963
Buildings
1
Listing Agency:
(619) 798-9590
Listed By:
Juan Doyer
(619) 798-9590
Source:
Elliman
Added: Jul 30
Changed: Jul 31
Last Checked: Aug 1 at 9:29AM
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 Juan Doyer
Investment Insights
Based on property information with market context.
This flex property offers approximately 3,796 square feet of warehouse, office, and work space on an approximately 10,284-square-foot lot. The building includes multiple office areas, a kitchen/breakroom, warehouse space, and open garage/work bays, creating a practical combination of administrative and operational areas.
Located on Stirrup Road in Borrego Springs, the property has electricity and public water connected. Its configuration is suited to business, storage, distribution, contractor, service, warehouse, or owner-user applications, subject to verification of zoning and permitted uses.
Located on Stirrup Road in Borrego Springs, the property has electricity and public water connected. Its configuration is suited to business, storage, distribution, contractor, service, warehouse, or owner-user applications, subject to verification of zoning and permitted uses.
Key Highlights
- Approximately 3,796 square feet of warehouse, office, and work space
- Approximately 10,284‑square‑foot lot on Stirrup Road
- Multiple office areas plus kitchen/breakroom
Financial Insights For Industrial
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 | $68.3k | $18.00 |
| − Vacancy | −$6.3k | −$1.66 |
| EGI | $62.0k | $16.34 |
| − OpEx | −$18.6k | −$4.90 |
| NOI | $43.4k | $11.44 |
3,796 SF · lease $18.00/SF/yr · vacancy 9.20% · expense 30.00%
Alternative Uses
Best Use
Office B
$1.25M
$1.10M – $1.46M
NOI $87,836 @ 7.0% cap · market cap 16.00%
Second Best
Flex RnD
$1.12M
$978.1K – $1.30M
NOI $78,245 @ 7.0% cap · market cap 14.25%
Theoretical Best
Office A
$1.74M
$1.52M – $2.03M
NOI $121,744 @ 7.0% cap · market cap 22.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
189
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92004, CA
3,414
Population
2,917
Households
1.2
Avg Household Size
60
Median Age
29%
College-Educated
90%
High-School Grad
914.9 sq mi
ZIP Area
4
Density / Sq Mi
$71,582
Median Household Income
$42,721
Median Earnings
$380,900
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flexible commercial layout with connected electricity and public water for business, storage, distribution, or owner-user needs.
Where is this flex space located?
The property is located at 2454 56 Stirrup Rd Borrego Springs, CA.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Approximately 3,796 square feet of warehouse, office, and work space; Approximately 10,284‑square‑foot lot on Stirrup Road; Multiple office areas plus kitchen/breakroom
