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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    155 N 1St St Blythe, CA 92222

    • Commercial real estate
    • 960 SF
    For Sale
    View listing
    $139,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-1731946
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Coulson Agency / Insurance Agency

    Property Details for 155 N 1St St

    Year built
    1954
    Property size
    960 SF
    Property type
    Commercial real estate

    Description

    This centrally located Blythe, CA office building presents a fantastic opportunity at $129,800. Situated less than a block from Hobsonway, this 960-square-foot traditional office space is ideally positioned in the heart of town. Built in 1954, the property offers ample parking with 12 spaces available. The building's layout includes two bedrooms and a bonus room, which could easily serve as a third bedroom or additional office space. The property also features a spacious living room and a large yard, providing both functional workspace and potential for comfortable living arrangements. The price per square foot is $161.25. The property's convenient location and versatile floor plan make it suitable for a variety of uses, including a primary office space or a rental investment property. With its attractive price point and desirable features, this Blythe office building is a compelling investment opportunity. The property is located at 155 N 1st St, Blythe, CA 92225, in Riverside County. The property includes four covered carports. This move-in ready property offers a compelling alternative to renting.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Blythe
    County
    Riverside
    State
    California
    Longitude
    -114.595756
    Latitude
    33.6114798

    Comparable in this City

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      Commercial building in the heart of Blythe, California.
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      Blythe Commercial Property - High Visibility

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    • $69,800
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      277 Acres Agricultural Land, Blythe

      277 acres of land suitable for agriculture or solar.
      277 Acres, Blythe, CA 92225
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    • $69,900
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      Residential Lot in Blythe, CA

      One-acre residential lot in a secluded area near amenities.
      11408 Desert Trailways Ln, Blythe, CA 92225
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    • $365,000

      Updated Fourplex with Strong Rents

      Updated fourplex featuring new mini-split units and strong rental income.
      178 N Acacia St, Blythe, CA 92225
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    Similar Nearby for Sale

    • $325,000

      Blythe Commercial Building For Sale

      Commercial building in the heart of Blythe, California.
      121 Hobsonway, Blythe, CA 92225
      View Details
    • $174,900
      6.32 Acres

      Blythe Residential Land - 6.32 Acres

      Prime 6.32-acre residential lot with stunning views.
      0 Arrowhead Blvd, Blythe, CA 92225
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      Prime Blythe Date Ranch

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    • $201,600
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      Golf Course Frontage Land

      Prime land with golf course frontage, ideal for development.
      16.80 Acres On Wl Rd, Blythe, CA 92225
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    • $44,999
      219,107.00 Acres

      Blythe Vacant Land Opportunity

      5+ acre vacant land parcel in Blythe, California.
      818140013, Blythe, CA 92225
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    • $199,800
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      Blythe Land Near Golf Course

      Large property near golf course, suitable for development or holding.
      39 N Defrain Blvd, Blythe, CA 92225
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    Similar Nearby for Lease

    • Contact for pricing
      2,500 SF

      Prime Retail Drive-Thru Opportunity

      Drive-thru pad site in Blythe's main retail area.
      738 W Hobsonway, Blythe, CA 92225
      View Details
    • $1.30 SF/Yr
      2,156 SF

      Retail Space on Busy Thoroughfare

      Retail space for lease, close to 10 Fwy, ample parking.
      1200 W Hobsonway, Blythe, CA 92225
      View Details
    • $9,164 /Mo

      Restaurant Space in High-Traffic Area

      Restaurant space available in a high-visibility, easily accessible location.
      320 Lovekin Blvd, Blythe, CA 92225
      View Details
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    155 N 1St St
    Blythe, CA 92222
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    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
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