Heavy Industrial Warehouse
For Sale
$679,000
G7-45130 Golf Center Pkwy, Indio, CA 92203
Industrial condo unit with 18-foot clear height and a 10-by-14 drive-in door in a business park setting.
Property Size2,469 SF
Price / SF$275.01
Days on Market235
Property Features for G7-45130 Golf Center Pkwy
General Information
Standard status
Active
Size
2,469 SF
Zoning
IH
Warehouse & Industrial
Clear Height
18 ft
Drive-In Doors
1
Additional Details
Opportunity Zone
Yes
Listing Agency:
Meade Commercial Inc.
(760) 837-1880
Listed By:
Kate Rust · License #01267678
(760) 409-1532
Source:
Exprealty
Added: Jan 16
Changed: Sep 4
Last Checked: Sep 7 at 3:07PM
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 Meade Commercial Inc.
Investment Insights
Based on property information with market context.
Suite G-7 at 45130 Golf Center Parkway is a well-maintained industrial condo space offered for individual sale and demise. The unit features 18' clear height and a 10'x14' drive-in door, supporting a range of industrial uses including warehouse, distribution, manufacturing, and contractor operations. Heavy Industrial (IH) zoning applies, and the property is powered by IID electricity.
The business park environment includes multiple suites, and Suite G-7 is currently combined with the adjacent Suite G-8. Suite G-7 is also available separately from G-8.
As presented, the offering includes 2,469 SF for Suite G-7 and 2 units combined when taken together with G-8.
The business park environment includes multiple suites, and Suite G-7 is currently combined with the adjacent Suite G-8. Suite G-7 is also available separately from G-8.
As presented, the offering includes 2,469 SF for Suite G-7 and 2 units combined when taken together with G-8.
Key Highlights
- Suite G‑7: 2,469 SF industrial condo in a multi‑building business park in Indio
- 18' clear height plus a 10'x14' drive‑in door for warehouse, distribution, manufacturing, or contractor use
- Heavy Industrial (IH) zoning
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
$24,620
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
3.63%
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%
$492,400
$492.4K
Cap Rate 7%
$351,714
$351.7K
Cap Rate 9%
$273,556
$273.6K
Market Conditions
NOI Build-Up for 2,469 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
$30.8K $12.48/SF
− Vacancy
−$1.8K −$0.75/SF
EGI
$29.0K $11.73/SF
− OpEx
−$4.3K −$1.76/SF
NOI
$24.6K $9.97/SF
Area
Riverside County, CA
Vacancy
6.00%
Lease Rate
$12.48 /SF/Yr
Expense Ratio
15.00%
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%
$492,400
Cap Rate 7%
$351,714
Cap Rate 9%
$273,556
Alternative Uses
Best Use
Warehouse
$351.7K
$307.8K – $410.3K
NOI $24,620 @ 7.0% cap · market cap 3.63%
Second Best
Industrial
$289.6K
$253.4K – $337.9K
NOI $20,275 @ 7.0% cap · market cap 2.99%
Theoretical Best
Office A
$739.7K
$647.2K – $863.0K
NOI $51,777 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
18 ft
Clear height
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
103
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92203, CA
31,366
Population
14,750
Households
2.1
Avg Household Size
42
Median Age
34%
College-Educated
89%
High-School Grad
18.5 sq mi
ZIP Area
1,695
Density / Sq Mi
$97,969
Median Household Income
$47,013
Median Earnings
$1,990
Median Rent
$496,600
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?
Warehouse - Industrial condo unit with 18-foot clear height and a 10-by-14 drive-in door in a business park setting.
Where is this warehouse located?
The property is located at G7-45130 Golf Center Pkwy Indio, CA.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: Suite G‑7: 2,469 SF industrial condo in a multi‑building business park in Indio; 18' clear height plus a 10'x14' drive‑in door for warehouse, distribution, manufacturing, or contractor use; Heavy Industrial (IH) zoning
