45691 Monroe St Indio, CA 92201-3939
This exceptional two-story office building, situated in Indio's thriving Coachella Valley submarket, presents a compelling investment opportunity. Boasting a total of 17,287 square feet across 15 units, this Class C property offers multiple tenancy options, with spaces ranging from 933 to 1,400 square feet. Built in 1987, the building features attractive amenities including a brick-laid courtyard ideal for employee and guest use, and ample parking with 121 spaces. Interior finishes include carpet and laminate flooring in restrooms. Each unit benefits from abundant natural light via multiple windows and central air conditioning. Strategically located on Monroe Boulevard near Shadow Palm Avenue, this property enjoys high visibility and traffic, maximizing exposure for any business. Its proximity to numerous shopping centers and convenient access to the 111 Freeway (one minute away) and the 10 Freeway (five minutes away) further enhance its appeal. The property sits on a sizable 34,848-acre lot and is zoned C2. The building's total square footage is 18,106, with a minimum divisible space of 1,400 square feet. The APN is 608-230-015. This is an excellent opportunity to acquire a well-maintained, conveniently located office building in a high-growth area.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Indio, CAIndio. Always verify with local authorities before improvements.
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.