Class A Medical Office
For Sale
$21,707,600
49869 Calhoun St, Coachella, CA 92236
Commercial Sale, Coachella, CA
Property Size41,092 SF
Lot Size2.51 Acres
Price / SF$528.27
Days on Market1122
Property Features for 49869 Calhoun St
General Information
Property type
Commercial Sale
Property subtype
Office
Security features
Security
Lot features
Landscaped, Landscaped
Subdivision
315 - Coachella
Standard status
Active
APN
612280025
Size
41,092 SF
Lot size
2.51 Acres
Utilities
Heating system
Central
Building Details
Year built
2022
Floors in Building
2
Listing Agency:
Desert Pacific Properties
Listed By:
Susan Harvey
(760) 360-8200
Added: Sep 25, 2023
Changed: Oct 2
Last Checked: Oct 20 at 3:06PM
MLS# 219100350
Copyright © 2026 California Desert Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Completed in 2022, this 41,092-square-foot Class A medical office building is designed for a single occupant and includes elevator service, central heating, and tenant improvements. The property is supported by abundant on-site parking and a 2.51-acre site.
Located at 49869 Calhoun St in Coachella, California, the building is subject to a 10-year net lease with 2% annual increases. Its medical-office configuration, newer construction, and dedicated parking create a defined operating profile for the property.
Located at 49869 Calhoun St in Coachella, California, the building is subject to a 10-year net lease with 2% annual increases. Its medical-office configuration, newer construction, and dedicated parking create a defined operating profile for the property.
Key Highlights
- 41,092‑square‑foot Class A medical building completed in 2022
- Single‑tenant net lease with a 10‑year lease term
- 2% annual lease increases
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$645,624
Cap Rate
2.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,912,480
$12.9M
Cap Rate 7%
$9,223,200
$9.2M
Cap Rate 9%
$7,173,600
$7.2M
Market Conditions
NOI Build-Up for 41,092 SF
Gross rent
$941.8K $22.92/SF
− Vacancy
−$81.0K −$1.97/SF
EGI
$860.8K $20.95/SF
− OpEx
−$215.2K −$5.24/SF
NOI
$645.6K $15.71/SF
Area
Riverside County, CA
Vacancy
8.60%
Lease Rate
$22.92 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,912,480
Cap Rate 7%
$9,223,200
Cap Rate 9%
$7,173,600
Alternative Uses
Best Use
Office B
$9.22M
$8.07M – $10.76M
NOI $645,624 @ 7.0% cap · market cap 2.97%
Second Best
Healthcare Medical
$5.97M
$5.22M – $6.96M
NOI $417,811 @ 7.0% cap · market cap 1.92%
Theoretical Best
Office A
$12.31M
$10.77M – $14.36M
NOI $861,733 @ 7.0% cap · market cap 3.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
130
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 92236, CA
42,220
Population
12,629
Households
3.3
Avg Household Size
29
Median Age
6%
College-Educated
57%
High-School Grad
61.9 sq mi
ZIP Area
682
Density / Sq Mi
$67,235
Median Household Income
$35,117
Median Earnings
$1,113
Median Rent
$342,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Newly constructed, elevator-served medical facility with a single-tenant net lease structure.
Where is this medical office space located?
The property is located at 49869 Calhoun St Coachella, CA.
What is the asking price?
The asking price for this property is $21,707,600.
What are key features of this property?
This property features: 41,092‑square‑foot Class A medical building completed in 2022; Single‑tenant net lease with a 10‑year lease term; 2% annual lease increases
