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Property profile & analytics
FOR SALE
Retail space

82365 Ca-111 Indio, CA 92201

2,524 SF 1.3 ac lot Built 1964
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US09-2950627
Property summary
AI-generated overview

This exceptional 12,079-square-foot retail and office center in Indio, California, presents a lucrative investment opportunity. Priced at $3,998,000, the property boasts a prime location on 1.3 acres of land at 82365 US Highway 111. The center comprises nine buildings, offering a diverse range of spaces suitable for various businesses. The property includes two distinct building sections: one 5,310-square-foot structure built in 1979 and a second, 6,769-square-foot building constructed in 1953. Its strategic location between Jackson Street and Monroe Street in Indio places it within convenient walking distance of the Indio Mall and the Lawson Justice Center, ensuring high visibility and foot traffic. This central Coachella Valley location, approximately 15 miles southeast of Palm Springs, benefits from strong regional accessibility and a thriving local economy. The property's size and versatile layout make it ideal for a variety of retail and office uses, presenting a compelling opportunity for investors seeking a high-return investment in a desirable location. The combination of established infrastructure and high-traffic location makes this a truly exceptional commercial property.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1964
Construction TILT-UP CONCRETE
Total area 2,524 SF
Lot 1.3 ac (56,628 SF)
Zoning code C2
APN 614-031-005
UPID US09-2950627
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.10M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.02M
Owner & transaction history
Sky Blue 11 LLC · 3 yrs held
Sky Blue 11 LLC
since 2022
Last sale
$2.0M
7 recorded transactions
2022
Price N/A
2020
$2.0M
2012
$2,000
2009
Price N/A
2009
Price N/A
2003
Price N/A
2003
$1.1M
Zoning & alternative use
C2 · Indio, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $2.6M +479.2%
Neighborhood: shopping center $2.2M +387.0%
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