Building Details

Year Built 2007

Buildings 1

Units 5

Tenancy Multi

Listing Agency: Lee & Associates - Riverside

Listed By: Polo Doria · License #CA 00880756

Source: Crexi

Added: Jul 18 Changed: Oct 12 Last Checked: Oct 14 at 10:39PM

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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 Lee & Associates - Riverside

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Investment Insights

Based on property information with market context.

The property comprises a 23,617-square-foot mixed-use building on 1.87 acres at 81-077 Indio Blvd. in Indio, California. Constructed in 2007, the building is fully occupied and includes gated, secure parking, new paint, and new HVAC systems. Government tenants account for 41% of occupancy, while long-term leases are in place across the property.

The site is zoned Industrial Park and offers a commercial setting in Indio. The property is described as debt-free and clear, providing an established occupancy profile and documented tenant composition for buyers evaluating the asset.

Key Highlights

• 23,617 SF mixed‑use building on 1.87 acres
• 100% occupancy with long‑term leases in place
• Government tenants represent 41% of occupancy

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$371,062

Cap Rate

6.94%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$7,421,240 $7.4M

Cap Rate 7%

$5,300,886 $5.3M

Cap Rate 9%

$4,122,911 $4.1M

Is this asking price fair?

Market Conditions

NOI Build-Up for 23,617 SF

Gross rent

$541.3K $22.92/SF

− Vacancy

−$46.6K −$1.97/SF

EGI

$494.7K $20.95/SF

− OpEx

−$123.7K −$5.24/SF

NOI

$371.1K $15.71/SF

Area

Riverside County, CA

Vacancy

8.60%

Lease Rate

$22.92 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$7,421,240

Cap Rate 7%

$5,300,886

Cap Rate 9%

$4,122,911

Alternative Uses

Best Use

Office B

$5.30M

$4.64M – $6.18M (±1% cap)

NOI $371,062 @ 7.0% cap · market cap 6.94%

Second Best

Mixed Use

$3.13M

$2.73M – $3.65M (±1% cap)

NOI $218,752 @ 7.0% cap · market cap 4.09%

Theoretical Best

Office A

$7.08M

$6.19M – $8.25M (±1% cap)

NOI $495,268 @ 7.0% cap · market cap 9.27%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Air & Hose Source ... Big Box & Wholesale Store

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Law Firm Big Box & Wholesale Store Hair Salon

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

Location Intelligence

Trade Area within ½ mile

829

Businesses Nearby

Explore this area Business Placement

Demographics for 92203, CA

31,366

Population

14,750

Households

2.1

Avg Household Size

42

Median Age

34%

College-Educated

89%

High-School Grad

18.5 sq mi

ZIP Area

1,695

Density / Sq Mi

$97,969

Median Household Income

$47,013

Median Earnings

$1,990

Median Rent

$496,600

Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Fully occupied commercial property with gated parking, updated paint, and new HVAC systems.

Where is this mixed-use property located?

The property is located at 81-077 Indio Blvd. Indio, CA.

What is the asking price?

The asking price for this property is $5,345,000.

What are key features of this property?

This property features: 23,617 SF mixed‑use building on 1.87 acres; 100% occupancy with long‑term leases in place; Government tenants represent 41% of occupancy