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    Retail/Office Mixed-Use Property Title is generated by Realmo AI

    81730 HWY 111, Indio, CA 92201

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    Claim this Listing
    For Sale
    $3,982,000

    16,454 SF retail/office property for sale.

    Type:Commercial/Industrial
    Property size:
    16,454 SF
    Lot size:
    0.84 Acres
    Price / SF:
    $242/SF
    Added:
    May 27, 2022
    Days on Market:
    1504
    Last Refresh:
    Apr 5 at 8:44 pm

    Property Features for 81730 HWY 111

    General Information

    Standard status
    Active
    Size
    16,454 SF
    Lot size
    0.84 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1979

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    Kee Woon Lee

    Listing office New Star Realty & Investment

    Listing date May 27, 2022

    Source Exitrealty

    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 New Star Realty & Investment

    HighLights

    • Large 16,454 sf retail/office building.
    • Mixed‑use property suitable for retail and office.
    • Substantial 36,590 sf lot size.
    • Two‑story building.
    • Available for sale at $3,982,000.
    • Built in 1979.

    Overview

    A 16,454 square foot retail/office property is available for sale. This unique two-story mixed-use building is situated on a 36,590 square foot lot.

    Local Financial Insights For Office B

    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 $377.1k $22.92
    − Vacancy −$32.4k −$1.97
    EGI $344.7k $20.95
    − OpEx −$86.2k −$5.24
    NOI $258.5k $15.71
    16,454 SF · lease $22.92/SF/yr · vacancy 8.60% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $3.69M
    $3.23M – $4.31M (±1% cap)
    NOI $258,520 @ 7.0% cap · market cap 6.49%
    Second Best
    Retail
    $3.37M
    $2.95M – $3.93M (±1% cap)
    NOI $235,848 @ 7.0% cap · market cap 5.92%
    Theoretical Best
    Office A
    $4.93M
    $4.31M – $5.75M (±1% cap)
    NOI $345,054 @ 7.0% cap · market cap 8.67%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Desert Choice Realty Real Estate Agency

    Suggested Use

    Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Gym & Fitness Center Restaurant Auto Parts Store Kitchen & Bath Showroom HVAC Service Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Indio
    County
    Riverside
    State
    California
    Longitude
    -116.239
    Latitude
    33.7108

    FAQs

    What type of property is this?
    Mixed-use property - 16,454 SF retail/office property for sale.
    Where is this mixed-use property located?
    The property is located at 81730 HWY 111 Indio, CA.
    What is the asking price?
    The asking price for this property is $3,982,000.
    What are key features of this property?
    This property features: Large 16,454 sf retail/office building.; Mixed‑use property suitable for retail and office.; Substantial 36,590 sf lot size.
    More about this property
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