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Property profile & analytics
FOR SALE
Investment properties

81730 Us Highway 111 Indio, CA 92201

15,525 SF 0.84 ac lot Built 1974
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US09-2579082
Property summary
AI-generated overview

This exceptional mixed-use property, located at 81730 US Highway 111 Unit 6, Indio, CA, presents a compelling investment opportunity. The well-established building boasts a strong occupancy rate with numerous long-term tenants, ensuring a consistent income stream. The property features a substantial 0.84-acre lot, including an additional adjacent 60x100 foot commercially-zoned lot, providing ample space and potential for expansion or future development. Front units operate on a modified gross lease structure. Significant improvements have been recently completed, enhancing both the aesthetic appeal and functionality of the building. These upgrades include a brand-new roof, several new air conditioning units, new flooring in multiple units, and fresh paint throughout. Security has been significantly enhanced with the installation of security cameras and gated access to the upper level. A large parking lot located at the rear of the building provides convenient parking for tenants and visitors. The property's prime location on US Highway 111 in Indio, CA, offers excellent visibility and accessibility, making it an ideal investment for both seasoned and emerging commercial real estate investors. The asking price is $1,600,000. This is a rare opportunity to acquire a well-maintained, high-performing mixed-use property with significant upside potential.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1974
Construction WOOD
Total area 15,525 SF
Lot 0.84 ac (36,590 SF)
Zoning code RO
APN 616-100-012
UPID US09-2579082
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
  • Desert Choice Realty Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.21M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.15M
Owner & transaction history
Red Rocks 10 LLC · 3 yrs held
Red Rocks 10 LLC
since 2022
6 recorded transactions
2022
Price N/A
2022
Price N/A
2020
$1.4M
2013
Price N/A
2007
Price N/A
2004
Price N/A
Zoning & alternative use
RO · Indio, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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