Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    0 HWY 111 Coachella, CA 92236

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Commercial land with frontage on Highway 111 and Tyler Street.

    Type:Land
    Added:
    Jan 10, 2023
    Days on Market:
    1196
    Last Refresh:
    Mar 17 at 1:23 pm

    Property Features for 0 HWY 111

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Peter Murray

    Listing agent Peter Murray License #CA 00610416

    Listing office Peter Murray and Associates

    Listing date Jan 10, 2023

    Source Crexi

    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 Peter Murray and Associates

    Overview

    Highway 111 Frontage Land

    This commercial land offers valuable frontage on Highway 111, along with additional frontage on Tyler Street. Water and sewer utilities are accessible on Tyler Street. The property's location benefits from area events such as the Coachella Music and Arts Festival, Stagecoach Music Festival, BNP Paribas Tennis Tournament, and the International Horse Park. The land use designation is Suburban Retail District, intended to provide a concentration of retail businesses, including large format retailers, while accommodating parking needs. This district aims to offer pedestrian connectivity and town-scale buildings along corridor frontages, bringing shopping amenities and fiscal resources to Coachella.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Coachella
    County
    Riverside
    State
    California
    Longitude
    -116.180848
    Latitude
    33.687327

    Nearby Similar for Sale

    • $1,199,000

      Coachella Land with Date Palms

      9.76 acres with water well and date palm trees.
      49300 Polk Street, Coachella, CA 92236
      View Details
    • $539,000

      Coachella Land For Sale

      Commercial land suitable for various business ventures in Coachella, CA.
      50529 Grapefruit Boulevard, Coachella, CA 92236
      View Details
    • $1,592,400

      Coachella Land for Development

      26.54 acre commercial land parcel in Coachella, California.
      0 Dillon Road, Coachella, CA 92236
      View Details
    • $750,000

      Coachella Land Near Festival Grounds

      4.77-acre parcel near Coachella and Stagecoach festival grounds.
      84640 Ave 54, Coachella, CA 92236
      View Details
    • $129,000

      Coachella Vacant Land Opportunity

      Vacant residential land on the busiest street in Coachella.
      53049 Cesar Chavez Street, Coachella, CA 92236
      View Details
    • $258,000

      Coachella Land Lot Opportunity

      Large residential lot on a busy street in Coachella, CA.
      53079 Cesar Chavez Street, Coachella, CA 92236
      View Details
    • $2,050,000
      39,640 SF

      Coachella Land Parcel For Sale

      Large land parcel available in Coachella, California.
      84080 Van Buren Street, Coachella, CA 92236
      View Details
    • $750,000

      Coachella Land Parcel For Sale

      Land parcel available in Coachella, California.
      84640 Ave 54, Coachella, CA 92236
      View Details
    • Contact for pricing
      9,660 SF

      Coachella NNN Investment Opportunity

      Corporate-guaranteed, long-term NNN investment property in Coachella, California.
      52152 Cesar Chavez St, Coachella, CA 92236
      View Details
    • $750,000

      Coachella Land For Sale

      2.51 acres in Coachella, CA, zoned M-H.
      Nw Cor 54 & Polk Street, Coachella, CA 92236
      View Details
    • $750,000

      Coachella Land For Sale

      2.51 acres in Coachella, CA, zoned M-H.
      NW Cor Ave 54 & Polk St, , CA 92236
      View Details
    • $21,707,600
      41,092 SF

      Class A Medical Building For Sale

      41,092 SF Class A medical building in Coachella, CA.
      49869 Calhoun St, Coachella, CA
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land with frontage on Highway 111 and Tyler Street.
    Where is this commercial land located?
    The property is located at 0 HWY 111 Coachella, CA.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: Valuable Hwy 111 frontage.; Additional road frontage on Tyler Street.; Located in the Suburban Retail District land use area.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Peter Murray
    Real Estate License ID: CA 00610416
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!