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    Renovated Office Suites Available Title is generated by Realmo AI

    78150 Calle Tampico, La Quinta, CA 92253

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    Newly renovated office suites suitable for various professional uses.

    Type:Office
    Added:
    Mar 31, 2022
    Days on Market:
    1504
    Last Refresh:
    Mar 17 at 1:18 pm

    Property Features for 78150 Calle Tampico

    General Information

    Standard status
    Active
    Property subtype
    Office

    Building Details

    Year Built
    1990

    Spaces For Lease

    at 78150 Calle Tampico Contact us

    101 $1.35 /Mo

    Size
    2,532 SF
    Type
    Office
    Come join the newly renovated La Quinta Professional Plaza! Owners have invested...
    show more
    Contact us

    200L $4 /Mo

    Size
    198 SF
    Type
    Office
    Now available. Private office suite in shared setting, includes utilities and internet....
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    Contact us

    200B $4 /Mo

    Size
    300 SF
    Type
    Office
    Large Executive suite office with mountain views. Space includes utilities including...
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    Contact us

    205A $1.35 /Mo

    Size
    988 SF
    Type
    Office
    Contact us

    200K $3 /Mo

    Size
    271 SF
    Type
    Office
    larger exterior executive office with beautiful mountain views available now. Rate...
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    215 $1.35 /Mo

    Size
    2,074 SF
    Type
    Office
    Space opens up to small waiting area and reception desk with large open area to right,...
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    Contact us

    207E $3 /Mo

    Size
    240 SF
    Type
    Office
    Contact us
    Show more

    We can help!

    Listing Contact
    Cameron Rawlings
    Cameron Rawlings

    Listing agent Cameron Rawlings License #02102158

    Listing office Wilson Meade Commercial Real Estate

    Listing date Mar 31, 2022

    Source Crexi

    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 Wilson Meade Commercial Real Estate

    HighLights

    • Under new ownership with extensive renovations
    • Suitable for a variety of professionals, including medical, beauty, and service users
    • New exterior finish and paint
    • New landscaping
    • Renovated common areas with new tile flooring, paint, and LED lighting
    • Select suites feature new flooring, paint, lighting, doors, and hardware

    Overview

    Under new ownership, this commercial real estate property has undergone extensive renovations. The updates include a new smooth exterior finish and paint, new landscaping, and new common area tile flooring. The common areas also feature fresh paint and LED lighting. Select suites have been updated with new flooring, paint, lighting, doors, and hardware. These office spaces are suitable for a variety of professionals, including medical and general office users. The property may also be a good fit for beauty and service-oriented businesses. Located in La Quinta, California, the property offers office units, medical office space, spa and wellness properties, and healthcare properties.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    La Quinta Carpet ... Carpet & Flooring Store Northwestern Mutual Financial Advisor Accurate Recovery Solutions Law Firm La Quinta R.M ... Locksmith Hard Money Lenders ... Loan Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    La Quinta
    County
    Riverside
    State
    California
    Longitude
    -116.300009
    Latitude
    33.6786953

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    FAQs

    What type of property is this?
    Office units - Newly renovated office suites suitable for various professional uses.
    Where is this office units located?
    The property is located at 78150 Calle Tampico La Quinta, CA.
    What are key features of this property?
    This property features: Under new ownership with extensive renovations; Suitable for a variety of professionals, including medical, beauty, and service users; New exterior finish and paint
    (760) 779-8827 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Cameron Rawlings
    Cameron Rawlings
    Real Estate License ID: 02102158
    Learn More
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    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
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    78150 Calle Tampico, La Quinta, CA 92253
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