1275-1275 Montalvo Way Palm Springs, CA 92262
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.