Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    68361 Kieley Rd Cathedral City, CA 92234

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $875,000

    Two buildings with bays, offices, and parking for sale.

    Property size:
    6,400 SF
    Lot size:
    0.42 Acres

    Property Features for 68361 Kieley Rd

    General Information

    Standard status
    Active
    Size
    6,400 SF
    Lot size
    0.42 Acres

    Building Details

    Year built
    1980

    We can help!

    Listing Contact
    Alan Sarrail
    Source: Corcoran

    Listing Agency: KELLER WILLIAMS-LA QUINTA Listing Agent: Alan Sarrail

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Auto Repair Business Opportunity

    Located within an Opportunity Zone, this property features two separate buildings available for sale. Each building offers over 3,000 square feet of space and includes 3 bays, bathrooms, an office, and a reception area. Currently operating as an auto repair business and a separate paint shop, the property provides options for various business uses. The property offers ample parking and storage space. The total property size is 6,400 square feet.
    Location Intelligence

    Current Use by Public Records

    Phil's Immediate Care ... Auto Repair Shop TK's Classics Restying Auto Repair Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Similar Places Nearby

    Palm Springs Lincoln Service, IA Prep + Design, Palm Springs Lincoln Collision, Gonzalez General Auto Repair, J&E Auto Body & Paint

    Location Insight

    • Map
    • Local Demand
    City
    Cathedral City
    County
    Riverside
    State
    California
    Longitude
    -116.4685881
    Latitude
    33.7860443

    Nearby Similar for Sale

    • $1,474,000
      6,560 SF

      Retail Building on Date Palm

      Multi-tenant retail building in Cathedral City, fully leased.
      32475 Date Palm Dr, Cathedral City, CA 92234
      View Details
    • New
      $1,575,000
      7,000 SF

      Cathedral City Retail/Commercial Building

      7,000 SF building on 0.91 acre lot for sale.
      30900 Date Palm Dr, Cathedral City, CA 92234
      View Details
    • New
      $899,000
      3,533 SF

      Renovated Home with ADUs

      Renovated 4-bedroom home with two newly constructed attached ADUs.
      68870 Los Gatos Rd, Cathedral City, CA 92234
      View Details
    • $175,000
      0.05 Acres

      Exquisitely Appointed Corner Lot

      Turnkey corner lot with premium outdoor upgrades and paved grounds.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • $79,000
      0.05 Acres

      Resort Property in Cathedral City

      Resort property with mature landscaping and outdoor entertaining space.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • $850,000
      4,442 SF

      Income-Generating Triplex in Cathedral City

      Residential income property with three units in a strong rental market.
      29395 Avenida La Paz, Cathedral City, CA 92234
      View Details
    • $799,000
      1,806 SF

      Mid-Century Modern Triplex with Views

      Three-unit property with pool, guest house, and mountain views.
      39091 Paradise Way, Cathedral City, CA 92234
      View Details
    • $126,000
      0.05 Acres

      Golf Course Lot on Fairway

      Golf course lot with mountain views and convenient resort access.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • $159,000
      0.05 Acres

      Golf Course Lot on Fairway

      Golf course lot with mountain views and resort amenities.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • $155,000
      0.05 Acres

      RV Lot in Active Community

      Turnkey RV lot with upgrades in Cathedral City community.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • $82,000
      0.05 Acres

      Refurbished RV on Corner Lot

      Turn-key RV package on a desirable corner lot.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • New
      $3,890,000
      16,500 SF

      Cathedral City Hotel Opportunity

      Ten-unit hotel near Highway 111 in Cathedral City.
      67590 Jones Rd, Cathedral City, CA 92234
      View Details

    FAQs

    What type of property is this?
    Auto shop - Two buildings with bays, offices, and parking for sale.
    Where is this auto shop located?
    The property is located at 68361 Kieley Rd Cathedral City, CA.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: - Opportunity Zone location offers potential tax benefits and investment incentives.; - Two separate buildings, each over 3,000 sqft, provide flexibility for various business uses.; - Each building includes 3 bays, bathrooms, office, and reception area, suitable for auto-related or other businesses.
    (909) 762-4168
    Request Owner's contact information
    68361 Kieley Rd Cathedral City, CA 92234
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    68361 Kieley Rd
    Cathedral City, CA 92234
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    68361 Kieley Rd Cathedral City, CA 92234
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Alan Sarrail
    Real Estate License ID: 01837253
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!