Specialty Commercial
New
For Sale
$1,499,000
5700 Indian Springs Road, Palm Springs, CA 92264
Block construction and a fenced yard serve a tenant-occupied property situated on leased land.
Property Size10,126 SF
Price / SF$148.03
Days on Market2
Property Features for 5700 Indian Springs Road
General Information
Standard status
Active
Size
10,126 SF
Property subtype
Commercial
Additional Details
Cap Rate
7.7%
Fenced Yard
Yes
Tenant in Place
Yes
Building Details
Year Built
1976
Building Size
10,126 SF
Construction
block wall
Listing Agency:
Rennie Group
Listed By:
Ryan Pylypow · License #D73415
Source:
Kwcoachellavalley
Added: Oct 30
Last Checked: Oct 30 at 3:14PM
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 Rennie Group
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Investment Insights
Based on property information with market context.
Built in 1976, this 10,126-square-foot commercial building has block construction and a fenced yard. The property is occupied by a tenant whose tenancy spans 22 years. The current lease has approximately three years remaining, while the land lease has approximately 32 years left. The reported capitalization rate is 7.7%. No tenant contact or property visits are permitted without prior authorization; drive-by viewing only.
The property is at 5700 Indian Springs Road in Palm Springs, across the street from a new tribal gas station.
The property is at 5700 Indian Springs Road in Palm Springs, across the street from a new tribal gas station.
Key Highlights
- 10,126 SF commercial building
- Reported 7.7% capitalization rate
- Current tenant has occupied the property for 22 years
Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
549
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Specialty property - Block construction and a fenced yard serve a tenant-occupied property situated on leased land.
Where is this specialty property located?
The property is located at 5700 Indian Springs Road Palm Springs, CA.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: 10,126 SF commercial building; Reported 7.7% capitalization rate; Current tenant has occupied the property for 22 years
