Seven-Unit Medical Office
For Sale
$2,600,000
81893 Dr Carreon Blvd, Indio, CA 92201
Commercial Sale, Indio, CA
Property Size8,091 SF
Price / SF$321.34
Days on Market984
Property Features for 81893 Dr Carreon Blvd
General Information
Property type
Commercial Sale
Property subtype
Office
Parking features
Parking Lot, Open
Security features
Security
Lot features
Landscaped, Landscaped
Subdivision
314 - Indio South of Hwy 111
Standard status
Active
APN
616168015
Size
8,091 SF
Utilities
Utilities
Water Available
Heating system
Central
Building Details
Year built
1980
Floors in Building
1
Number of units
7
Listing Agency:
Desert Pacific Properties
(760) 360-8200
Listed By:
Susan Harvey · License #00957590
(760) 250-8992
Added: Jan 26, 2024
Changed: Oct 2
Last Checked: Oct 6 at 1:06PM
MLS# 219105961
Copyright © 2026 California Desert Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This medical office property contains 8,091 square feet arranged as seven individual office condominiums. The building was constructed in 1980 and is fully leased, providing an established occupancy profile for a medical-focused commercial asset. Central heating serves the building, while open parking is available on site.
The property is located at 81893 Dr Carreon Blvd in Indio, California, on the JFK Memorial Hospital campus. Its surrounding medical context includes JFK Memorial Hospital, Halo Diagnostics, Quest Diagnostics, Kaiser Permanente, LabCorp, and Desert Oasis Healthcare. Water is available at the property, and the address places the building within Indio’s medical corridor.
The property is located at 81893 Dr Carreon Blvd in Indio, California, on the JFK Memorial Hospital campus. Its surrounding medical context includes JFK Memorial Hospital, Halo Diagnostics, Quest Diagnostics, Kaiser Permanente, LabCorp, and Desert Oasis Healthcare. Water is available at the property, and the address places the building within Indio’s medical corridor.
Key Highlights
- 8,091 SF medical office building
- Seven medical office condominiums within the property
- Fully leased occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$127,123
Cap Rate
4.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,542,460
$2.5M
Cap Rate 7%
$1,816,043
$1.8M
Cap Rate 9%
$1,412,478
$1.4M
Market Conditions
NOI Build-Up for 8,091 SF
Gross rent
$185.4K $22.92/SF
− Vacancy
−$15.9K −$1.97/SF
EGI
$169.5K $20.95/SF
− OpEx
−$42.4K −$5.24/SF
NOI
$127.1K $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%
$2,542,460
Cap Rate 7%
$1,816,043
Cap Rate 9%
$1,412,478
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 authorities.
Property Analytics
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Current Use
Lease Details
7
Office units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,017
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92201, CA
66,989
Population
26,241
Households
2.6
Avg Household Size
35
Median Age
16%
College-Educated
70%
High-School Grad
16.2 sq mi
ZIP Area
4,135
Density / Sq Mi
$66,663
Median Household Income
$35,527
Median Earnings
$1,349
Median Rent
$372,800
Median Home Value
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Market
Vacancy Rate% for Office in West region
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Similar Off Market Nearby
- Dr. Joshua T. Clark, MD — 47111 Monroe St, Indio, CA 92201
Frequently Asked Questions
What type of property is this?
Medical Office Space - Fully leased medical office asset with open-lot parking and central heating.
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: 8,091 SF medical office building; Seven medical office condominiums within the property; Fully leased occupancy
