Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    82347 Us Hwy 111 Indio, CA 92201-5657

    • Hotels
    • 27,773 SF
    • 2.48 lot acres
    OFF-MARKET
    Last Sale
    Dec 07, 2023
    $7,800,000
    Value Estimations
    $8,015,000
    Show details
    Cap Rate Potential
    2%
    Hotels
    Location Intelligence
    Property ID
    US09-2460283
    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

    • Hotels

    Property Details for 82347 Us Hwy 111

    Year built
    1970
    Construction
    TILT-UP CONCRETE
    Lot size
    2.48 lot acres
    Property size
    27,773 SF
    Zone code
    C2
    Property type
    Hotels
    APN
    614-031-002
    APU
    614031002

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $8,480,000
      ML approach
      $7,975,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $5,128,000
      Market price range: $483k - $5.13M

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

    Location Insight

    • Map
    • Local Demand
    City
    Indio
    County
    Riverside
    State
    California
    Longitude
    -116.228
    Latitude
    33.7141
    CBSA code
    40140
    CBSA name
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $112,828
    $1,080,000
    $6,620,000
    $7,700,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      5,503 SF

      44374 Palm St

      HOTEL • 5,503 SF
      44374 Palm St, Indio, CA 92201-3117
      View Details
    • Value Estimation
      $1,475,000
      16,922 SF

      43505 Monroe St

      HOTEL • 16,922 SF
      43505 Monroe St, Indio, CA 92201-2026
      View Details
    • Value Estimation
      $1,050,000
      5,626 SF

      80761 Us Hwy 111

      HOTEL • 5,626 SF
      80761 Us Hwy 111, Indio, CA 92201-6528
      View Details
    • Value Estimation
      $8,810,000
      21,430 SF

      81753 Us Hwy 111

      HOTEL • 21,430 SF
      81753 Us Hwy 111, Indio, CA 92201-5414
      View Details
    • Value Estimation by Request
      1,811 SF

      82297 Indio Blvd

      HOTEL • 1,811 SF
      82297 Indio Blvd, Indio, CA 92201-3129
      View Details
    • Value Estimation
      $655,000
      11,870 SF

      44301 Sun Gold St

      HOTEL • 11,870 SF
      44301 Sun Gold St, Indio, CA 92201-3100
      View Details

    Similar Nearby for Sale

    • $199,000
      0.05 Acres

      Turnkey Motorcoach Lot in Indio

      Upgraded motorcoach lot with premium amenities in exclusive Indio resort.
      80394 Avenue 48, Indio, CA 92201
      View Details
    • Contact for pricing

      Indio Land For Sale

      Land available for purchase in Indio, California.
      80394 89, Indio, CA 92201
      View Details
    • $3,623,700

      Indio Office and Retail Center

      Nine-building office and retail center in a prime Indio location.
      82365 Us Highway 111, Indio, CA 92201
      View Details
    • $1,600,000
      0.84 Acres

      Indio Mixed-Use Investment Opportunity

      High-Yield, Multi-Tenant Commercial Property
      81730 Us Highway 111, Indio, CA 92201
      View Details
    • $610,750
      1.89 Acres

      Indio Land For Sale

      1.89 acre industrial land available in Indio, California.
      Commerce St, Indio, CA 92201
      View Details
    • $1,750,000
      6 SF

      Land Adjacent to I-10 Freeway

      6-acre commercial land ideal for retail, office, or medical development.
      42 & Interstate 10, Indio, CA 92201
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      14,685 SF

      Indio Warehouse/Office Space Available

      16,718 SF building with easy freeway access.
      82735 Market St, Indio, CA 92201
      View Details
    • $1.10 SF/Yr
      53,512 SF

      Indio Warehouse with Gated Access

      Industrial warehouse with easy freeway access and roll-up doors.
      82-579 Fleming Way, Indio, CA 92201
      View Details
    • Contact for pricing
      16,480 SF

      Indio Retail Space - Highway 111

      High-visibility retail space, 16,480 sq ft.
      82-270 Us Highway 111, Indio, CA 92201
      View Details
    • $13 SF/Yr
      53,512 SF

      Indio Industrial Space For Lease

      Modern Manufacturing/Distribution Space Available
      82-579 Fleming Way, Indio, CA 92201
      View Details
    • $2,525 /Mo
      16 SF

      Retail/Office Space on Monroe Street

      Retail or office space with excellent visibility and signage available.
      43430 Monroe St, Indio, CA 92201
      View Details
    • $1.10 SF/Yr
      7,525 SF

      Secured Yard Warehouse For Sublease

      Warehouse with secured yard available for sublease through 2/14/2028.
      42921/42925 Madio St, Indio, CA 92201
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    82347 Us Hwy 111
    Indio, CA 92201-5657
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!