5700 Indian Springs Road Palm Springs, CA $ 1,499,000
5700 Indian Springs Road
$ 1,499,000
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5700 Indian Springs Road

Palm Springs, CA, 92264
$ 1,499,000
Bedrooms-- Baths--

Monthly Estimate*

$ 10,353

Listed by Ryan Pylypow, Rennie Group, r@omni-re.com
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Commercial Property for sale in Palm Springs, CA

for $1,499,000. This building was built in 1976 on a lot size of 0.71.

Excellent opportunity to acquire a 10,126 SF commercial building in Palm Springs, featuring durable block wall construction and a fenced yard. The property is occupied by a well-established tenant with an impressive 22-year tenancy, providing a history of occupancy and a current income stream. The existing lease has approximately 3 years remaining, offering an investor the opportunity to maintain the current tenancy while evaluating future lease-renewal potential. The property currently offers a reported 7.7% capitalization rate.The building is situated on leased land, with approximately 32 years remaining on the land lease. Located across the street from a new tribal gas station, the property benefits from proximity to a notable commercial development in the surrounding area.Please do not disturb tenant. Drive-by only. No direct contact with the tenant or property visits without prior authorization.

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Commercial Active

Price

$ 1,499,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.71

Year Built

1976

Town/City

Palm Springs

County/Region

Riverside

MLS | Web ID

219155151DA

Days on Market

1

Features
General
Heating Forced Air
Roof Flat
HOA Fee 0
Year Built 1976
County Riverside
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
Directions From Dinah Shore turn North onto Lawrence Crossley Rd and then west on to Indian Springs Rd. Property is on your right hand side.
City Palm Springs
MLS Area 334 - South End Palm Springs
Lot Size Units Square Feet
Lot Size Square Feet 30928
Standard Status Active
Cap Rate 7.75
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Interior
Air Conditioning Y/N false
Heating Y/N true
Total Baths 0
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Exterior
Total Parking 0
Lot Size Area 30928
Lot Size Acres 0.71
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* Excluded Features
List By
Ryan Pylypow

Listing Agent

Rennie Group

Broker

r@omni-re.com

Email

Affordability Calculator

$10,353
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,353
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/29/2026$1,499,000 Listed Price

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5700 Indian Springs Road, Palm Springs, CA, 92264 is a Commercial Property for sale at $1,499,000 with a lot size of 0.71. 5700 Indian Springs Road was built in 1976. The property's zip code is 92264 which is in Palm Springs, CA