Property profile

15890 Little Morongo Rd Desert Hot Springs, CA 92240

OFF-MARKET
Warehouses
16,460 SF Built 2023
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Property summary

AI-generated overview

This exceptional 16,460-square-foot industrial building in Desert Hot Springs, CA, presents a unique investment opportunity. Built in 2023, this two-story structure boasts 12-14-foot ceilings and is zoned I-L. The property features heavy power (1,600 AMPS 3 Phase 480V) and a low price per area of $0.27/SF, inclusive of 24-hour security. Located at 15890 Little Morongo Rd, 92240, this building offers convenient access to the I-10 freeway, serving Southern California. The asking price is $3,640,587, with a price per square foot of $221.18. A significant advantage is the absence of manufacturing tax in Desert Hot Springs. Furthermore, the sale includes a developer-applied micro-business license (Type 12). Tenant improvement CAD plans are available, and financing options exist, including 100% loan assumption for purchase and $2 million in revenue-based financing for build-out. Seven identical 16,460 SF buildings are available in the final phase of this development. The APN is 665-080-012,013. This property is ideal for manufacturing and warehouse operations seeking a modern, well-equipped facility in a strategic location.

Property profile

Verified
Property type Warehouses
Year built 2023
Total area 16,460 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

15890 Little Morongo Rd Desert Hot Springs, CA 92240
Desert Hot Springs metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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