Freestanding Industrial
For Sale
Contact for pricing
31248 Dunham Wy, Thousand Palms, CA 92276
Freestanding warehouse with two ground-level loading doors, 1,200 amps of heavy power, and a paved, gated yard.
Property Size8,240 SF
Price / SF$242.72
Days on Market116
Property Features for 31248 Dunham Wy
General Information
Standard status
Active
Size
8,240 SF
Property subtype
INDUSTRIAL
Lease Type
NNN
Warehouse & Industrial
Drive-In Doors
2
Heavy Power
Yes
Additional Details
Fenced Yard
Yes
Amenities
paved and gated yard
Properties For Sale
at 31248 Dunham Wy Contact us- Size
- 8,240 SF
- Type
- INDUSTRIAL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
31248 Dunham Wy
Free Standing Building
Owner User or Investment
2 Ground Level Loading Doors
1,200...
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Contact us
Listing Agency:
MGR Real Estate, Inc.
(909) 981-4466
Listed By:
Jerry Tomeo · License #01907707
(909) 996-8877
Source:
Moodyscre
Added: May 15
Changed: Aug 23
Last Checked: Sep 6 at 11:23AM
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 MGR Real Estate, Inc.
Investment Insights
Based on property information with market context.
This freestanding industrial warehouse offers an owner-user or investment option and includes two ground-level loading doors to support straightforward receiving and dispatch. The property is served by 1,200 amps of heavy power, which can help accommodate higher-demand industrial operations.
Outside, the fenced yard is paved and gated, providing designated space for vehicle staging and day-to-day access to the building. The property is offered for sale.
With its combination of ground-level loading, heavy electrical service, and an improved yard area, the building is positioned for logistics- and warehouse-oriented uses that benefit from direct, ground-level access.
Outside, the fenced yard is paved and gated, providing designated space for vehicle staging and day-to-day access to the building. The property is offered for sale.
With its combination of ground-level loading, heavy electrical service, and an improved yard area, the building is positioned for logistics- and warehouse-oriented uses that benefit from direct, ground-level access.
Key Highlights
- Freestanding warehouse building
- Two ground‑level loading doors
- 1,200 amps heavy power
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$82,165
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,643,300
$1.6M
Cap Rate 7%
$1,173,786
$1.2M
Cap Rate 9%
$912,944
$912.9K
Market Conditions
NOI Build-Up for 8,240 SF
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.
Gross rent
$102.8K $12.48/SF
− Vacancy
−$6.2K −$0.75/SF
EGI
$96.7K $11.73/SF
− OpEx
−$14.5K −$1.76/SF
NOI
$82.2K $9.97/SF
Area
Riverside County, CA
Vacancy
6.00%
Lease Rate
$12.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,643,300
Cap Rate 7%
$1,173,786
Cap Rate 9%
$912,944
Alternative Uses
Best Use
Warehouse
$1.17M
$1.03M – $1.37M
NOI $82,165 @ 7.0% cap · market cap 4.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.47M
$2.16M – $2.88M
NOI $172,800 @ 7.0% cap · market cap 8.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
Yes
Heavy power
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
409
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92276, CA
7,953
Population
3,757
Households
2.1
Avg Household Size
44
Median Age
22%
College-Educated
86%
High-School Grad
37.0 sq mi
ZIP Area
215
Density / Sq Mi
$80,280
Median Household Income
$35,124
Median Earnings
$1,432
Median Rent
$260,500
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - Freestanding warehouse with two ground-level loading doors, 1,200 amps of heavy power, and a paved, gated yard.
Where is this warehouse located?
The property is located at 31248 Dunham Wy Thousand Palms, CA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Freestanding warehouse building; Two ground‑level loading doors; 1,200 amps heavy power
