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Palm Springs Business Park Opportunity

5055 Calle San Raphael Palm Springs, CA 92264

Claim this Listing
For Sale
$4,500,000

Three-building industrial and flex space on Indian lease land.

Type:Commercial
Property size:
38,263 SF
Lot size:
2.12 Acres
Price / SF:
$117/SF
Added:
May 16, 2026
Days on Market:
57
Last Refresh:
Jul 2 at 2:46 pm

Property Features for 5055 Calle San Raphael

General Information

Standard status
Active
Size
38,263 SF
Lot size
2.12 Acres
Property subtype
Commercial

Listing office Coldwell Banker Commercial Lyle & Associates

Listing date May 16, 2026

Source Elliman

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 Commercial Lyle & Associates


Investment Insights

Based on property information with market context.

Champion Business Park, located at the northeast corner of E Calle San Rafael and Gene Autry Trail, offers an opportunity to establish a business on Indian lease land. The property features a 3-building industrial warehouse totaling 38,263 square feet on a 2.12-acre lot. The M1-zoned property is located minutes from Freeway 111, providing connectivity for clients and suppliers. Situated on leased tribal land, Champion Business Park offers access to a Palm Springs location at a lower upfront cost compared to fee-simple properties, with long-term lease terms ensuring stability for business operations. The location is minutes from downtown Palm Springs and major highways. The property is suitable for retailers, automotive suppliers, and startups. Nearby attractions include Indian Canyons, VillageFest, and the Santa Rosa Mountains. The bike score is 33, the walk score is 27, and the transit score is 28.

Key Highlights

  • Strategic location: Minutes from downtown Palm Springs and Freeway 111, providing excellent accessibility.
  • Indian lease land advantage: Lower upfront cost compared to fee‑simple properties with long‑term lease terms.
  • Versatile building features: 3‑Building industrial warehouse totaling 38,263 SF on a 2.12‑acre lot, providing ample space.

Local 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 (±1% cap)
NOI $381,540 @ 7.0% cap · market cap 8.48%
Second Best
Industrial
$4.49M
$3.93M – $5.24M (±1% cap)
NOI $314,210 @ 7.0% cap · market cap 6.98%
Theoretical Best
Office A
$11.46M
$10.03M – $13.37M (±1% cap)
NOI $802,406 @ 7.0% cap · market cap 17.83%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Real Estate Agency Dental Office Law Firm Pharmacy Big Box & Wholesale Store Parking Lot & Garage Restaurant Nail Salon Grocery & Convenience Store Hair Salon

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

Similar Off Market Nearby

  • Firehouse Subs The Springs — 5200 Ramon Rd G4, Palm Springs, CA 92264
  • Park Catering & Events LLC — 927 Crossley Rd, Palm Springs, CA 92264
  • Encanto Catering LLC — 767 S Williams Rd, Palm Springs, CA 92264
  • Zona Catering & Events — 927 Crossley Rd, Palm Springs, CA 92264
  • Love At First Bite Catering — 942 Vella Rd, Palm Springs, CA 92264

FAQs

What type of property is this?
Flex space - Three-building industrial and flex space on Indian lease land.
Where is this flex space located?
The property is located at 5055 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: Strategic location: Minutes from downtown Palm Springs and Freeway 111, providing excellent accessibility.; Indian lease land advantage: Lower upfront cost compared to fee‑simple properties with long‑term lease terms.; Versatile building features: **3‑Building industrial warehouse totaling 38,263 SF on a 2.12‑acre lot**, providing ample space.
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