Versatile Commercial Building Near
For Sale
$1,750,000
1227 S Gene Autry Trl, Palm Springs, CA 92264
6,582 SF building suitable for retail, commercial, or industrial uses.
Property Size6,852 SF
Price / SF$255.40
Days on Market991
Property Features for 1227 S Gene Autry Trl
General Information
Standard status
Active
Size
6,852 SF
Amenities
Central
Building Details
Building Size
6,852 SF
Buildings
1
Listing Agency:
Desert Pacific Properties
Listed By:
Susan Harvey · License #00957590
(760) 360-8200
Source:
Evrealestate
Added: Dec 17, 2023
Changed: Aug 31
Last Checked: Sep 2 at 3:38PM
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 6,582 square foot building is suitable for a variety of retail, commercial, and industrial uses, according to the zoning regulations. The property features a reception area, private restrooms, seven insulated climate-controlled rooms, and two roll-up doors. A secured, fenced yard is included. The location offers excellent visibility and signage opportunities on Gene Autry Trail, with traffic counts exceeding 32,000 cars per day. The property is situated approximately 3/4 mile from Palm Springs International Airport and Gene Autry provides direct access to I-10, located just 5 miles to the north. This property presents an investment opportunity.
Key Highlights
- Investment opportunity: 6,582 SF building suitable for various uses.
- Excellent location:** Just 3/4 mile from Palm Springs International Airport and direct access to I‑10.
- High visibility and signage** on Gene Autry Trail with impressive traffic counts (over 32,000 cars per day).
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$56,268
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.22%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,125,360
$1.1M
Cap Rate 7%
$803,829
$803.8K
Cap Rate 9%
$625,200
$625.2K
Market Conditions
NOI Build-Up for 6,852 SF
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.
Gross rent
$85.5K $12.48/SF
− Vacancy
−$5.1K −$0.75/SF
EGI
$80.4K $11.73/SF
− OpEx
−$24.1K −$3.52/SF
NOI
$56.3K $8.21/SF
Area
Riverside County, CA
Vacancy
6.00%
Lease Rate
$12.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,125,360
Cap Rate 7%
$803,829
Cap Rate 9%
$625,200
Alternative Uses
Best Use
Industrial
$803.8K
$703.4K – $937.8K
NOI $56,268 @ 7.0% cap · market cap 3.22%
Second Best
Flex RnD
$746.4K
$653.1K – $870.8K
NOI $52,248 @ 7.0% cap · market cap 2.99%
Theoretical Best
Office A
$2.05M
$1.80M – $2.39M
NOI $143,692 @ 7.0% cap · market cap 8.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
515
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92264, CA
19,254
Population
17,518
Households
1.1
Avg Household Size
61
Median Age
48%
College-Educated
94%
High-School Grad
50.9 sq mi
ZIP Area
378
Density / Sq Mi
$75,246
Median Household Income
$46,756
Median Earnings
$1,581
Median Rent
$498,200
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - 6,582 SF building suitable for retail, commercial, or industrial uses.
Where is this flex space located?
The property is located at 1227 S Gene Autry Trl Palm Springs, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Investment opportunity: **6,582 SF building suitable for various uses.**; Excellent location:** Just 3/4 mile from Palm Springs International Airport and direct access to I‑10.; High visibility and signage** on Gene Autry Trail with impressive traffic counts (over 32,000 cars per day).
