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Property profile & analytics
OFF-MARKET
Warehouses

1275-1275 Montalvo Way Palm Springs, CA 92262

13,326 SF 1.06 ac lot Built 1982
Property ID
Property summary
AI-generated overview

This exceptional 13,326-square-foot warehouse, situated on a 1.059-acre lot in Palm Springs, CA (92262), presents a compelling investment opportunity. The property, located at 1275 Montalvo Way, boasts a prime location adjacent to Palm Springs International Airport, offering convenient access and high visibility. Built in 1982 and zoned M1P, the single-unit warehouse features ample parking surrounding the entire building. The interior includes both office space and substantial warehouse space with high ceilings, ideal for various industrial uses. A loading dock with ample clearance accommodates semi-trucks. Currently 100% occupied by a national corporate tenant under a modified lease with a corporate guarantee, ensuring consistent income. The lease commenced March 1, 2023, with a five-year term, leaving approximately 3.3 years remaining until February 29, 2028. The asking price is $1,999,900, translating to $198.11 per square foot. The property's APN is 677-461-001. This is a rare chance to acquire a well-located, income-producing industrial asset in a thriving market. The substantial size, excellent location, and strong tenant occupancy make this a highly attractive investment.

Property profile
Verified
Property type Warehouses
Year built 1982
Total area 13,326 SF
Lot 1.06 ac (46,130 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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