Three-Building Flex Industrial
New
For Sale
$4,500,000
5000-5055 E Calle San Raphael, Palm Springs, CA 92264
Flex and industrial space on leased tribal land under a long-term ground lease, zoned M1.
Property Size38,263 SF
Lot Size2.12 Acres
Price / SF$117.61
Days on Market3
Property Features for 5000-5055 E Calle San Raphael
General Information
Standard status
Active
Size
38,263 SF
Lot size
2.12 Acres
Zoning
M1
Additional Details
Highway Access
Yes
Amenities
38263
Building Details
Building Size
38,263 SF
Buildings
3
Listing Agency:
(760) 668-1148
Listed By:
Sharon Lucas
(760) 668-1148
Source:
Sharonlucas.idxbroker
Added: Jul 30
Changed: Jul 31
Last Checked: Jul 31 at 2:55AM
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 Sharon Lucas
Investment Insights
Based on property information with market context.
Champion Business Park is a three-building office/business park offering flex and industrial warehouse space at 5000-5055 E Calle San Raphael in Palm Springs. The property totals 38,263 SF on a 2.12-acre lot, providing space for business operations along with parking and the potential for expansion.
The site is located at the northeast corner of E Calle San Rafael and Gene Autry Trail. It is described as just five minutes from downtown Palm Springs, with connectivity to Freeway 111 noted as being nearby. The property is zoned M1.
Champion Business Park is operated on Indian lease land with a long-term ground lease structure, subject to tribal and BIA regulations. The remarks also note that utilities and certain services are excluded.
The site is located at the northeast corner of E Calle San Rafael and Gene Autry Trail. It is described as just five minutes from downtown Palm Springs, with connectivity to Freeway 111 noted as being nearby. The property is zoned M1.
Champion Business Park is operated on Indian lease land with a long-term ground lease structure, subject to tribal and BIA regulations. The remarks also note that utilities and certain services are excluded.
Key Highlights
- 38,263 SF flex and industrial warehouse space
- Three‑building Champion Business Park
- 2.12‑acre lot
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 | $477.5k | $12.48 |
| − Vacancy | −$28.7k | −$0.75 |
| EGI | $448.9k | $11.73 |
| − OpEx | −$67.3k | −$1.76 |
| NOI | $381.5k | $9.97 |
38,263 SF · lease $12.48/SF/yr · vacancy 6.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$5.45M
$4.77M – $6.36M
NOI $381,540 @ 7.0% cap · market cap 8.48%
Second Best
Industrial
$4.49M
$3.93M – $5.24M
NOI $314,210 @ 7.0% cap · market cap 6.98%
Theoretical Best
Office A
$11.46M
$10.03M – $13.37M
NOI $802,406 @ 7.0% cap · market cap 17.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
632
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92264, CA
19,254
Population
17,518
Households
1.1
Avg Household Size
61
Median Age
48%
College-Educated
94%
High-School Grad
50.9 sq mi
ZIP Area
378
Density / Sq Mi
$75,246
Median Household Income
$46,756
Median Earnings
$1,581
Median Rent
$498,200
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?
Flex space - Flex and industrial space on leased tribal land under a long-term ground lease, zoned M1.
Where is this flex space located?
The property is located at 5000-5055 E Calle San Raphael Palm Springs, CA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 38,263 SF flex and industrial warehouse space; Three‑building Champion Business Park; 2.12‑acre lot