Desert Hot Springs Commercial
For Sale
$598,000
66595 Pierson Blvd, Desert Hot Springs, CA 92240
Two-story commercial building in a prime, central location.
Property Size2,400 SF
Price / SF$249.17
Days on Market99
Property Features for 66595 Pierson Blvd
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Commercial
Building Details
Year Built
1965
Listing Agency:
HomeSmart Professionals
(760) 409-3614
Listed By:
Salvador Hernandez · License #01277108
(760) 409-3614
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 31 at 9:15AM
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 HomeSmart Professionals
Investment Insights
Based on property information with market context.
Located on Pierson Boulevard in Desert Hot Springs, California, this two-story, 2,400-square-foot commercial building is available for sale. The property is situated approximately 400 feet from Date Palm Drive and the Desert Hot Springs city offices, directly across from a commercial center and adjacent to a bank. Side and rear parking are available. The property is zoned for commercial use and includes gas, water, electricity, and air conditioning. The building is located on the main street, offering high visibility and accessibility. The location is near a variety of shops, municipal offices, and essential services. The surrounding area features wide, two-lane streets and strong transportation connectivity. The building is currently vacant, providing an opportunity for immediate occupation. The location has a walk score of 73, indicating it is very walkable, a bike score of 44, indicating it is somewhat bikeable, and a transit score of 34, indicating some transit options are available.
Key Highlights
- Prime central location on the main street with excellent visibility and accessibility.
- Highly desirable commercial zoning.
- Convenient parking on the side and rear of the property.
Financial Insights For Retail
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 | $51.8k | $21.60 |
| − Vacancy | −$2.7k | −$1.12 |
| EGI | $49.1k | $20.48 |
| − OpEx | −$14.7k | −$6.14 |
| NOI | $34.4k | $14.33 |
2,400 SF · lease $21.60/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$491.4K
$430.0K – $573.4K
NOI $34,401 @ 7.0% cap · market cap 5.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$719.0K
$629.1K – $838.8K
NOI $50,330 @ 7.0% cap · market cap 8.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
558
Businesses Nearby
40k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
ARCO
Shops & Services
12,944 visits/mo
0.4 miles
Dollar General
Shops & Services
9,108 visits/mo
0.3 miles
AutoZone
Shops & Services
6,916 visits/mo
0.4 miles
AMPM
Shops & Services
5,773 visits/mo
0.5 miles
Spectrum
Shops & Services
2,042 visits/mo
0.1 miles
Demographics for 92240, CA
40,920
Population
15,977
Households
2.6
Avg Household Size
34
Median Age
15%
College-Educated
78%
High-School Grad
35.7 sq mi
ZIP Area
1,146
Density / Sq Mi
$51,284
Median Household Income
$32,137
Median Earnings
$1,367
Median Rent
$294,200
Median Home Value
Market
Vacancy Rate% for Retail 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?
Storefront property - Two-story commercial building in a prime, central location.
Where is this storefront property located?
The property is located at 66595 Pierson Blvd Desert Hot Springs, CA.
What is the asking price?
The asking price for this property is $598,000.
What are key features of this property?
This property features: Prime central location on the main street with excellent visibility and accessibility.; Highly desirable commercial zoning.; Convenient parking on the side and rear of the property.
