7-Unit Medical Office
81893 Dr Carreon Boulevard, Indio, CA 92201
For Sale
New
$2,600,000
Commercial Sale, Indio, CA
Property Size8,091 SF
Price / SF$321.34
Days on Market1
Property Features for 81893 Dr Carreon Boulevard
General Information
Property type
Property subtype
Parking features
Security features
Lot features
Subdivision
Standard status
APN
Size
Additional Details
Tenant in Place
Property Use
Utilities
Utilities
Heating system
Building Details
Year built
Floors in Building
Number of units
Buildings
Listing Agency:
Desert Pacific Properties
Listed By:
Susan Harvey · License CA #00957590
(760) 360-8200
Added: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 219156041
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.
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Investment Insights
Based on property information with market context.
The 8,091-square-foot property contains seven medical office condominiums and was built in 1980. Central heating serves the building, with open parking available in a surface lot. Water is available at the property. The units are fully leased and generate income.
The building is on the JFK Memorial Hospital campus along Doctor Carreon Boulevard in Indio’s medical corridor. Nearby medical facilities include JFK Memorial Hospital, Halo Diagnostics, Quest Diagnostics, Kaiser Permanente, LabCorp, and Desert Oasis Healthcare.
The building is on the JFK Memorial Hospital campus along Doctor Carreon Boulevard in Indio’s medical corridor. Nearby medical facilities include JFK Memorial Hospital, Halo Diagnostics, Quest Diagnostics, Kaiser Permanente, LabCorp, and Desert Oasis Healthcare.
Key Highlights
- 8,091‑square‑foot building with seven medical office condominiums
- Fully leased and income‑producing
- Located on the JFK Memorial Hospital campus
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.
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Current Use
Lease Details
7
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
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
$372,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Medical Office Space in Riverside County, CA
Properties on Market for Medical Office Space in Riverside County
Vacancy Rate% for Office in West region
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 - All seven medical office condominiums are leased and producing income.
Where is this medical office space located?
The property is located at 81893 Dr Carreon Boulevard 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‑square‑foot building with seven medical office condominiums; Fully leased and income‑producing; Located on the JFK Memorial Hospital campus
