Medical Office Condos For
81893 Dr Carreon Blvd Indio, CA 92201
81893 Dr Carreon Blvd, Indio, CA, 92201
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For Sale
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8,091 SF medical office condos on hospital campus for sale.
Property Size8,091 SF
Price / SF$321.34
Days on Market904
Property Features for 81893 Dr Carreon Blvd
General Information
- Standard status
- Active
- Size
- 8,091 SF
- Property subtype
- Office
Building Details
- Year Built
- 1980
Listing Agency
Desert Pacific Properties
(760) 360-8200
Listed by
Emily Harvey · License #02229612
Source
Crexi
Added: Jan 27, 2024 Checked: Jul 16 at 3:54 am
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 Desert Pacific Properties
Investment Insights
Based on property information with market context.
This 8,091 square foot building, comprised of seven medical office condos, is available for purchase. The property is fully leased and income-producing. It is situated on the JFK Memorial Hospital campus within Indio's medical corridor. The location offers visibility on Doctor Carreon Boulevard and is surrounded by other medical facilities, including JFK Memorial Hospital, Halo Diagnostics, Quest Diagnostics, Kaiser Permanente, LabCorp, and Desert Oasis Healthcare. This property is located in a commercial real estate area and is suitable for medical office space.
Key Highlights
- Located on JFK Memorial Hospital campus
- Fully leased and income‑producing
- 8,091 SF building consisting of seven medical office condos
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 | $185.4k | $22.92 |
| − Vacancy | −$15.9k | −$1.97 |
| EGI | $169.5k | $20.95 |
| − OpEx | −$42.4k | −$5.24 |
| NOI | $127.1k | $15.71 |
8,091 SF · lease $22.92/SF/yr · vacancy 8.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.82M
$1.59M – $2.12M
NOI $127,123 @ 7.0% cap · market cap 4.89%
Second Best
Healthcare Medical
$1.18M
$1.03M – $1.37M
NOI $82,267 @ 7.0% cap · market cap 3.16%
Theoretical Best
Office A
$2.42M
$2.12M – $2.83M
NOI $169,675 @ 7.0% cap · market cap 6.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
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Similar Off Market Nearby
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FAQs
What type of property is this?
Medical Office Space - 8,091 SF medical office condos on hospital campus for sale.
Where is this medical office space located?
The property is located at 81893 Dr Carreon Blvd Indio, CA.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Located on JFK Memorial Hospital campus; Fully leased and income‑producing; 8,091 SF building consisting of seven medical office condos
