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

    83060 Sonora Ave Indio, CA 92201-7340

    • Apartment buildings
    • 322 SF
    • 0.40 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-0195848
    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

    • Apartment buildings

    Property Details for 83060 Sonora Ave

    Year built
    1964
    Construction
    WOOD
    Lot size
    0.40 lot acres
    Property size
    322 SF
    Zone code
    RM
    Property type
    Apartment buildings
    APN
    611-281-030
    APU
    611281030

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Indio
    County
    Riverside
    State
    California
    Longitude
    -116.215
    Latitude
    33.725
    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
    $10,163
    $114,685
    $386,322
    $501,007
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,894 SF

      45657 Towne St

      APARTMENT HOUSE (5+ UNITS) • 1,894 SF
      45657 Towne St, Indio, CA 92201-4545
      View Details
    • Value Estimation
      $4,195,000
      27,740 SF

      81225 Fred Waring Dr

      APARTMENT HOUSE (5+ UNITS) • 27,740 SF
      81225 Fred Waring Dr, Indio, CA 92201-1963
      View Details
    • Value Estimation
      $16,550,000
      25,000 SF

      81901 Shadow Palm Ave

      APARTMENT HOUSE (5+ UNITS) • 25,000 SF
      81901 Shadow Palm Ave, Indio, CA 92201-4014
      View Details
    • Value Estimation
      $1,650,000
      10,540 SF

      44651 Sun Gold St

      APARTMENT HOUSE (5+ UNITS) • 10,540 SF
      44651 Sun Gold St, Indio, CA 92201
      View Details
    • Value Estimation
      $940,000
      0.52 Acres

      43965 Towne St

      APARTMENT HOUSE (5+ UNITS) • 0.52 Acres
      43965 Towne St, Indio, CA 92201-2432
      View Details
    • Value Estimation
      $1,000,000
      1,400 SF

      83209 Dillon Ave

      APARTMENT HOUSE (5+ UNITS) • 1,400 SF
      83209 Dillon Ave, Indio, CA 92201-7349
      View Details

    Similar Nearby for Sale

    • $189,000

      Luxury RV Lot with Water Views

      Move-in-ready RV lot with water views and outdoor kitchen.
      80394 31, Indio, CA 92201
      View Details
    • $89,000
      0.06 Acres

      Oversized RV Lot in Indio

      Exceptional, private RV lot with upgrades and amenities.
      81620 Avenue 49, Indio, CA 92201
      View Details
    • $230,000

      Luxurious RV Lot with Pergola

      High-end RV lot with outdoor kitchen and golf course views.
      80394 21, Indio, CA 92201
      View Details
    • $163,000

      Luxury RV Resort Property

      Class-A motorcoach RV resort with golf course views.
      80394 163, Indio, CA 92201
      View Details
    • $80,000

      Riverdale Estates Home For Sale

      Two-bedroom, two-bath home in a 55+ gated community.
      80870 Hwy 111, Indio, CA 92201
      View Details
    • $69,000

      Indian Wells Park Model Home

      Two-bedroom park model in amenity-rich Indian Wells RV Resort.
      47340 Jefferson St, 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
    • $1.25 SF/Yr
      1,144 SF

      Indio Office Space Available

      Second floor office space available for rent in Indio.
      45691 Monroe St, Indio, CA 92201
      View Details
    • Contact for pricing
      27,500 SF

      New Industrial Building Under Construction

      New industrial building in Golden Triangle Business Park, available January 2026.
      82553 Market St, Indio, CA 92201
      View Details
    • Contact for pricing
      1 SF

      Land with Freeway Visibility

      Land available for ground lease or build to suit.
      Varner Rd & Newcastle Dr, Indio, CA 92201
      View Details
    • Contact for pricing
      1 SF

      Hard Corner Fast Food Pad

      Commercial land available for ground lease in Indio, CA.
      45 Nwc Golf Ctr Pky. & Ave, Indio, CA 92201
      View Details
    • $1.25 SF/Yr
      40,000 SF

      Indio Retail Center For Lease

      Retail spaces available in a busy, anchored neighborhood center.
      82-124 Hwy, 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.
    83060 Sonora Ave
    Indio, CA 92201-7340
    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!