Search
Warehouse Property With Service-Industrial Zoning
For Sale
$699,000

643 S Intake Boulevard, Blythe, CA 92225

COMMERCIAL - Blythe, CA

Property Size5,000 SF
Lot Size15.47 Acres
Price / SF$106.82
Days on Market444

Property Features for 643 S Intake Boulevard

General Information

Property type Commercial Sale
Property subtype Other
Subdivision 374 - Blythe
Standard status Active
APN 869170006
Size 6,544 SF
Lot size 15.47 Acres

Taxes and HOA fees

HOA Fee $5,000 Annually
Listing Agency: Desert Pacific Properties
Listed By: Paula Turner · License #00702492
Added: Jun 4, 2025 Changed: Aug 4 Last Checked: Aug 21 at 4:06AM
MLS# 219149866

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.

Investment Insights

Based on property information with market context.

The property includes a 5,000 SF warehouse building and a separate 1,544 SF home across 15.47 acres. Service-industrial zoning supports a range of commercial applications, including automotive repair, contractor yard operations, storage, and warehousing. The combined improvements total 6,544 square feet.

Access is provided from S Intake Boulevard, with connections to I-10 and US 95. The property is located 2 miles from the California-Arizona border in Blythe, Riverside County, California. Its acreage, warehouse component, and service-industrial designation provide a commercial configuration suited to operational and storage-oriented uses.

Key Highlights

  • 5,000 SF warehouse building plus a 1,544 SF home
  • 15.47‑acre property with 6,544 square feet of improvements
  • Service‑industrial zoning supports automotive repair, contractor yards, storage, and warehousing

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$53,738
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.69%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,074,760 $1.1M
Cap Rate 7%
$767,686 $767.7K
Cap Rate 9%
$597,089 $597.1K
Market Conditions
NOI Build-Up for 6,544 SF 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.
Gross rent
$81.7K $12.48/SF
− Vacancy
−$4.9K −$0.75/SF
EGI
$76.8K $11.73/SF
− OpEx
−$23.0K −$3.52/SF
NOI
$53.7K $8.21/SF
Area
San Bernardino County, CA
Vacancy
6.00%
Lease Rate
$12.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,074,760
Cap Rate 7%
$767,686
Cap Rate 9%
$597,089

Alternative Uses

Best Use
Retail
$1.34M
$1.17M – $1.56M (±1% cap)
NOI $93,800 @ 7.0% cap · market cap 13.42%
Second Best
Warehouse
$932.2K
$815.7K – $1.09M (±1% cap)
NOI $65,254 @ 7.0% cap · market cap 9.34%
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M (±1% cap)
NOI $96,625 @ 7.0% cap · market cap 13.82%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick HVAC Service Auto Parts Store Law Firm Building Supply Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

21
Businesses Nearby
Well-served
Demand for This Use

Demographics for 92225, CA

21,104
Population
7,797
Households
2.7
Avg Household Size
37
Median Age
9%
College-Educated
71%
High-School Grad
581.0 sq mi
ZIP Area
36
Density / Sq Mi
$51,294
Median Household Income
$32,548
Median Earnings
$902
Median Rent
$197,000
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Warehouse - Service-industrial zoning supports automotive, contractor, storage, and warehousing uses.
Where is this warehouse located?
The property is located at 643 S Intake Boulevard Blythe, CA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 5,000 SF warehouse building plus a 1,544 SF home; 15.47‑acre property with 6,544 square feet of improvements; Service‑industrial zoning supports automotive repair, contractor yards, storage, and warehousing
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message