Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Fenced Acre with Mobile Home Title is generated by Realmo AI

    38615 Rancho Los Cerritos, Indio, CA 92203

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    One-acre parcel with mobile home for sale or lease.

    Type:Land
    Property size:
    1,684 SF
    Lot size:
    1.00 Acre
    Added:
    Mar 6, 2026
    Days on Market:
    83
    Last Refresh:
    Apr 5 at 8:24 pm

    Property Features for 38615 Rancho Los Cerritos

    General Information

    Standard status
    Active
    Size
    1,684 SF
    Lot size
    1.00 Acre
    Property subtype
    Land

    We can help!

    Listing Contact
    Bruce Bushore

    Listing agent Bruce Bushore License #CalDRE #01897890

    Listing office

    Listing date Mar 6, 2026

    Source Cbclyle

    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 Bruce Bushore

    HighLights

    • ±1.0 Acre Fenced Parcel
    • ±1,684 SF Mobile Home on Permanent Foundation
    • Available For Sale or For Lease
    • Located North of Interstate 10
    • Near Adams Street
    • Near Avenue 38

    Overview

    This property features a fully fenced approximately 1.0-acre parcel. Located north of Interstate 10, near Adams Street and Avenue 38, the site includes an approximately 1,684 square foot mobile home on a permanent foundation. The property is available for sale or for lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Nail Salon Building Supply Gym & Fitness Center Pharmacy Auto Repair Shop Accounting Firm Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indio
    County
    Riverside
    State
    California
    Longitude
    -116.284
    Latitude
    33.7683

    Nearby Similar for Sale

    • $3,699,000
      14,520 SF

      Indio Heavy Industrial Facility

      1.24 acre industrial property with 14,520 sq. ft. facility.
      81500 Industrial Place, Indio, CA 92201
      View Details
    • $1,325,000
      14,600 SF

      Mobile Home Park Investment Opportunity

      Mobile home park with guaranteed income through 2041.
      40265 Galindo Court, Indio, CA 92203
      View Details
    • $4,700,000
      37,456 SF

      Indio Warehouse and Cold Storage

      37,456 SF warehouse, cold storage, and packing facility on 2.88 acres.
      82219 Market St, Indio, CA 92201
      View Details
    • $750,000

      Indio Land Parcel For Sale

      Vacant land parcel in Indio, CA, zoned for mixed-use.
      0 SW Jefferson Street, Indio, CA 92201
      View Details
    • $550,000
      1,048 SF

      Indio Duplex: Revitalized Downtown Location

      Duplex in downtown Indio near new city hall and amenities.
      45741 Smurr Street, Indio, CA 92201
      View Details
    • $199,000

      Turnkey Motorcoach Lot in Indio

      Upgraded motorcoach lot with premium amenities in exclusive Indio resort.
      80394 Avenue 48, Indio, CA 92201
      View Details
    • $1,100,000

      Indio Land: Revitalization Opportunity

      4+ acre property near downtown Indio with mixed-use zoning.
      45751 Aladdin Street, Indio, CA 92201
      View Details
    • $1,269,000
      5,074 SF

      Indio Industrial Flex Property

      High-quality industrial flex property in Indio's Workforce and Employment District.
      45130 Golf Center Pkwy G7, Indio, CA 92201
      View Details
    • $175,000

      Corner Lot in Indio, CA

      9,000 sq ft corner lot with CN-20 zoning.
      82180 Valencia, Indio, CA 92201
      View Details
    • $4,700,000
      37,456 SF

      Indio Warehouse and Cold Storage

      37,456 SF warehouse with cold storage on 2.88 acres.
      82219 Market St, Indio, CA 92201
      View Details
    • $2,150,000
      9,200 SF

      Indio Retail Investment Opportunity

      Fully occupied retail property in a prime Indio location.
      44680 Jackson St, Indio, CA 92201
      View Details
    • $580,000

      Prime Corner Lot in Indio

      Exceptional visibility, easy freeway access in rapidly growing North Indio.
      0 Caspian St, Indio, CA 92203
      View Details

    FAQs

    What type of property is this?
    Land - One-acre parcel with mobile home for sale or lease.
    Where is this land located?
    The property is located at 38615 Rancho Los Cerritos Indio, CA.
    What are key features of this property?
    This property features: ±1.0 Acre Fenced Parcel; **±1,684 SF Mobile Home on Permanent Foundation**; Available For Sale or For Lease
    (760) 285-8380
    We can help!
    Listing Contact
    Bruce Bushore
    Real Estate License ID: CalDRE #01897890
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    38615 Rancho Los Cerritos, Indio, CA 92203
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!