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3982 Coolidge Springs Rd, Thermal, CA, 92274
Thermal Warehouse on Large Lot

3982 Coolidge Springs Rd Thermal, CA 92274

For Sale
$750,000
Pending

5,200 SF warehouse on 9.38 acres near Expressway 86.

Property Size5,200 SF
Lot Size9.38 Acres
Days on Market94

Property Features for 3982 Coolidge Springs Rd

General Information

Standard status Pending
Size 5,200 SF
Lot size 9.38 Acres
Property subtype Land
Listing Agency: Desert Pacific Properties
Listed By: Emily Harvey · License #00957590
Source: Elliman
Added: Apr 27 Changed: Jul 10 Last Checked: Jul 25 at 5:02AM

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 Desert Pacific Properties

Investment Insights

Based on property information with market context.

The property features an approximately 5,200 square foot warehouse and shop building situated on 9.38 acres. The site is fully fenced and includes four 10' x 12' roll-up doors. An attached shade structure provides approximately 3,600 square feet of covered area. The property is conveniently located with frontage on Expressway 86, 22 miles from Coachella, 60 miles from El Centro, and 85 miles from the Mexico border. The sale includes a water truck and a CASE skip loader tractor. This property is suitable for both owner-users and investment purposes.

Key Highlights

  • 5,200 SF warehouse/shop building on 9.38 acres.
  • Includes water truck and CASE skip loader tractor.
  • Four 10'x12' roll‑up doors.

Financial Insights For Warehouse

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 $74.3k $14.28
− Vacancy −$6.2k −$1.20
EGI $68.0k $13.08
− OpEx −$10.2k −$1.96
NOI $57.8k $11.12
5,200 SF · lease $14.28/SF/yr · vacancy 8.40% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$825.9K
$722.7K – $963.6K (±1% cap)
NOI $57,816 @ 7.0% cap · market cap 7.71%
Second Best
Industrial
$680.2K
$595.2K – $793.6K (±1% cap)
NOI $47,613 @ 7.0% cap · market cap 6.35%
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M (±1% cap)
NOI $92,851 @ 7.0% cap · market cap 12.38%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Warehouses

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Restaurant Supermarket

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Warehouse - 5,200 SF warehouse on 9.38 acres near Expressway 86.
Where is this warehouse located?
The property is located at 3982 Coolidge Springs Rd Thermal, CA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 5,200 SF warehouse/shop building on 9.38 acres.; Includes water truck and CASE skip loader tractor.; Four 10'x12' roll‑up doors.
More about this property
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