Borrego Springs Motel Renovation
For Sale
$1,195,000
3241 Borrego Valley Rd, Borrego Springs, CA 92004
8.36-acre property with 14-room motel in Borrego Springs, CA.
Property Size5,474 SF
Lot Size8.36 Acres
Days on Market219
Property Features for 3241 Borrego Valley Rd
General Information
Standard status
Active
Size
5,474 SF
Lot size
8.36 Acres
Property subtype
Commercial
Building Details
Building Size
5,474 SF
Units
14
Listing Agency:
Coldwell Banker Borrego
Listed By:
Kerry Christenson · License #01184759
(619) 552-9872
Source:
Elliman
Added: Mar 10
Changed: Oct 10
Last Checked: Oct 12 at 8:05PM
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 Coldwell Banker Borrego
Investment Insights
Based on property information with market context.
Located in Borrego Springs, a desert community known for its natural beauty and Dark Sky Community status, this 8.36-acre property features a 14-room motel and a separate caretaker’s residence. The property consists of three contiguous lots, offering space for expansion or redevelopment. The 14 studio-style motel units are ready for final renovation. An on-site caretaker’s house is available for management or rental use. Major upgrades have been completed, including new electrical and plumbing systems, new well equipment and water infrastructure, and new windows and mini-split A/C units in every room. Remaining renovations are needed, offering the buyer a chance to complete and customize to their vision. The zoning and acreage provide flexibility for future development or hospitality concepts. Borrego Springs is nestled within the 160,000-acre Anza-Borrego Desert State Park, attracting nature lovers, stargazers, and tourists year-round. Its designation as a Dark Sky Community ensures minimal light pollution, making it ideal for an eco-lodge, boutique motel, retreat center, or desert getaway destination. This property is suited for transformation, offering an opportunity to create something special.
Key Highlights
- Expansive 8.36‑acre property spanning three lots, offering development potential.
- 14‑room motel with major upgrades completed (electrical, plumbing, well, windows, A/C).**
- Located in Borrego Springs, a Dark Sky Community within Anza‑Borrego Desert State Park.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,846
Cap Rate
7.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,796,920
$1.8M
Cap Rate 7%
$1,283,514
$1.3M
Cap Rate 9%
$998,289
$998.3K
Market Conditions
NOI Build-Up for 5,474 SF
Gross rent
$220.7K $40.32/SF
− Vacancy
−$31.6K −$5.77/SF
EGI
$189.1K $34.55/SF
− OpEx
−$99.3K −$18.14/SF
NOI
$89.8K $16.41/SF
Area
San Diego County, CA
Vacancy
14.30%
Lease Rate
$40.32 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,796,920
Cap Rate 7%
$1,283,514
Cap Rate 9%
$998,289
Alternative Uses
Best Use
Hotel Hospitality
$1.28M
$1.12M – $1.50M
NOI $89,846 @ 7.0% cap · market cap 7.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.51M
$2.19M – $2.93M
NOI $175,560 @ 7.0% cap · market cap 14.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
10
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
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Frequently Asked Questions
What type of property is this?
Motel - 8.36-acre property with 14-room motel in Borrego Springs, CA.
Where is this motel located?
The property is located at 3241 Borrego Valley Rd Borrego Springs, CA.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: Expansive 8.36‑acre property spanning three lots, offering development potential.; 14‑room motel with major upgrades completed (electrical, plumbing, well, windows, A/C).**; Located in Borrego Springs, a Dark Sky Community within Anza‑Borrego Desert State Park.
