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Property profile & analytics
FOR SALE
Warehouses
81500 Industrial Pl Indio, CA 92201
Entity Owned
Free & Clear
Property ID
US09-0144071
For Sale
1 / 40
$3,699,000
81500 Industrial Pl, Indio, CA 92201
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1971
Construction
TILT-UP CONCRETE
Total area
14,520 SF
Lot
1.24 ac (54,014 SF)
Zoning code
M
APN
610-070-030
UPID
US09-0144071
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
Current use
Occupant on record · Public records
-
Leon's Landscaping & Tree Services, Inc. Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.23M
Comparable Approach
Comparable
$2.79M
Blend (final)
Blend
$2.98M
Owner & transaction history
Ewing Irrigation Products INC
Ewing Irrigation Products INC
since 2025
7 recorded transactions
Zoning & alternative use
M · Indio, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.9M
+7.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Indio submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Indio submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,415,000
6.5%
$2,225,000
7%
$2,070,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,665,000
Current use
OFFICE BUILDING
$3,945,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$2.98M
Range $2.68M – $3.27M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$205 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$13,230
Tax year 2024
Assessed value
$948,306
Assessed 2024
Previous assessed
$948,306
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$257,481
Assessed improvement
$690,825
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
1971
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
14,520 SF
Lot
1.24 ac (54,014 SF)
Zoning code
M
APN
610-070-030
UPID
US09-0144071
Jurisdiction
RIVERSIDE
Zoning & alternative use
M · Indio, CA
Zoning M · permitted uses
M · Indio, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Indio. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.7M
OFFICE BUILDING
Est. value
$3.9M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1971
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
1.24 ac
Current owner
From public records · entity-resolved
Ewing Irrigation Products INC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 96, THOUSAND PLMS, CA 92276-0096
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 25, 2025
$710,000
Ewing Irrigation Products INC
The Serafin Leon Trust
Grant Deed
—
Nov 27, 2024
—
Diaz Leon Serafin
Serafin D Leon
Deed
related
—
Apr 25, 2011
—
Serafin Leon
Leon,lorena D
Quit Claim Deed
related
—
Apr 25, 2011
$754,590
Leon Serafin
Desert Mirage Enterprises INC
Grant Deed
$603,600 · Wells Fargo Bank NA
Mar 30, 2006
—
Desert Mirage Ents INC
Pinson,victor A SR
Grant Deed
—
Feb 9, 2006
—
Victor Pinson
Pinson,jasmine T
Quit Claim Deed
—
Jul 1, 1990
$342,000
Ronnie E Bullington
Unknown
Grant Deed
—
Mar 1, 1989
$110,000
Orange Productio
Southern Cal Pro
Grant Deed
—
Mar 1, 1988
—
Cal Pro Southern
Deser
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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