Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    111 Dillon Rd & Hwy Coachella, CA 92236
    Back to Search
    Property profile & analytics

    111 Dillon Rd & Hwy, Coachella, CA 92236

    View on Map
    • Land
    • 13.40 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 111 Dillon Rd & Hwy

    Lot size
    13.40 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 13.4-acre commercial and industrial land parcel presents a unique investment opportunity in Coachella, California. Located at the intersection of Dillon Road and Highway 111, this property boasts convenient access to Interstate 10, Expressway 86, and Highway 111, ensuring seamless transportation and logistics. The land is zoned M-W (Wrecking Yard), offering flexibility for various industrial uses. Its strategic location places it within close proximity to the Coachella and Stagecoach Music Festivals, approximately 3 miles away, presenting potential for ancillary businesses catering to festival attendees. The property's surrounding area is experiencing significant growth, particularly within the cannabis industry, with numerous new developments underway. This prime location benefits from Coachella's pro-growth and pro-business environment, making it an attractive location for entrepreneurs and investors. The property's APN numbers are 603-232-018 and 603-232-029. The asking price for this substantial land holding is $1,900,000. This represents a compelling opportunity to capitalize on the burgeoning economic activity and strategic location within Riverside County. The property's proximity to major transportation arteries and its zoning designation make it ideal for a variety of commercial and industrial ventures.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Coachella
    County
    Riverside
    State
    California
    Longitude
    -116.188
    Latitude
    33.7004

    Comparable in this City

    • Value Estimation by Request
      4.75 Acres

      Avenue 53

      Land
      0 Avenue 53, Coachella, CA 92236
      View Details
    • Value Estimation by Request
      38.80 Acres

      Sec Ave 54 & Tyler St

      Land
      0 Sec Ave 54 & Tyler St, Coachella, CA 92236
      View Details
    • Value Estimation by Request
      28.50 Acres

      54 Hwy 111 & Ave

      Land
      54 Hwy 111 & Ave, Thermal, CA 92236
      View Details
    • Value Estimation by Request
      2.51 Acres

      Tyler St

      Land
      0 Tyler St, Coachella, CA 92236
      View Details
    • Value Estimation by Request
      13.40 Acres

      48 Dillon Rd & Ave

      Land
      48 Dillon Rd & Ave, Indio, CA 92236
      View Details
    • Value Estimation by Request
      31.65 Acres

      Industrial Way

      Land
      0 Industrial Way, Coachella, CA 92236
      View Details

    Similar Nearby for Sale

    • $1,500,000

      Land For Sale

      Land available for sale in Coachella, California.
      48267 Van Buren St, Coachella, CA 92236
      View Details
    • $750,000
      4.77 Acres

      Coachella Land Near Festival Grounds

      4.77-acre parcel near Coachella and Stagecoach festival grounds.
      84640 Avenue 54, Coachella, CA 92236
      View Details
    • $1,300,000
      3.60 Acres

      Coachella Commercial Land - I-10 Frontage

      Prime I-10 commercial land, 3.6 acres, high visibility.
      0 Dillon Rd, Coachella, CA 92236
      View Details
    • Contact for pricing
      Pending

      Coachella Land Parcel For Sale

      Corner lot next to Austin tire shop in Coachella.
      50529 Grapefruit Blvd, Coachella, CA 92236
      View Details

    Similar Nearby for Lease

    • $1,200 /Mo

      Coachella Industrial Warehouse For Rent

      Industrial warehouse with loading dock and private restroom available for rent.
      51701 Grapefruit Blvd, Coachella, CA 92236
      View Details
    • Contact for pricing
      26,136 SF

      Coachella Land with Utilities

      Fenced land with power, water, and easy highway access.
      85220 Avenue 50, Coachella, CA 92236
      View Details
    • Contact for pricing
      1,722,798 SF

      Prime Farm Ground For Rent

      Agricultural land available for rent with first year free.
      59059 Jackson St, Coachella, CA 92236
      View Details
    • Contact for pricing
      1,065 SF

      Mixed-Use Building in Downtown Coachella

      New construction with commercial spaces and apartments in revitalizing area.
      51392 Cesar Chavez St, Coachella, CA 92236
      View Details
    • $2.00 SF/Yr

      Retail Space in Coachella

      Retail space with offices in a busy, residential area.
      48220 Jackson St, Coachella, CA 92236
      View Details
    • $2.00 SF/Yr
      1,680 SF

      Retail Space Available For Rent

      Retail space available for lease in Coachella, California.
      48220 Jackson St, Coachella, CA 92236
      View Details
    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.
    111 Dillon Rd & Hwy
    Coachella, CA 92236
    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

    Thank You for Inquiry
    111 Dillon Rd & Hwy, Coachella, CA, 92236
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!