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Palm Springs, CA High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Palm Springs, California Market population: 45K. Browse multifamily, office, retail, industrial, and mixed-use investment...

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Cap Rate: High NOI: Any Tax Rate: Any Price: Any Size: Any
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10 properties found
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⭐ Featured

Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code

$1,200,000
Oakland Multifamily

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Average Cap Rate For Palm Springs CA Properties: 6.68%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Palm Springs CA

Common questions from investors exploring commercial real estate in Palm Springs CA.

What's the overall investment outlook for Palm Springs, considering its demographics and economy? +
Palm Springs' median household income of $45,198, combined with a poverty rate of 16.5% and a high health insurance coverage of 89.4%, suggests a relatively stable market with a mix of working-class and more affluent residents, driven by top industries like Manufacturing, Wholesale Trade, and Information.
How does the city's ethnic diversity and commute time impact rental demand and property values? +
The city's diverse population, with top ethnicities including White, White Non-Hispanic, and Hispanic, contributes to a vibrant community, while the average commute time of 21.6 minutes and top commute methods like driving alone and working from home indicate a convenient location, potentially boosting rental demand and property values like the median $267,800.
What are the implications of Palm Springs' income inequality and foreign-born rate for real estate investors? +
The GINI coefficient of 0.51, indicating moderate income inequality, and a foreign-born rate of 18.1% suggest a market with a range of tenant profiles, from affordable to luxury, with potential for diverse rental income streams, considering the median property taxes of $12,994 and a homeownership rate of 61.2%.
How do quality-of-life metrics like health insurance coverage and commute time influence market stability in Palm Springs? +
The high health insurance coverage of 89.4% and relatively short average commute time of 21.6 minutes contribute to a stable and attractive environment for residents, which can lead to lower vacancy rates and higher property appreciation, making Palm Springs an appealing location for real estate investment.
What role do top industries like Manufacturing and Information play in shaping the local real estate market? +
The presence of Manufacturing, Wholesale Trade, and Information as top industries in Palm Springs indicates a diverse economy, which can lead to a stable demand for housing from employees in these sectors, potentially driving up property values and rental yields, especially considering the city's median property value of $267,800 and employed population of 18,926.

Palm Springs CA Real Estate & City Facts

Key facts and real estate information about Palm Springs CA.

What are some of the best neighborhoods to live in Palm Springs? +
Some of the best neighborhoods to live in Palm Springs include the Movie Colony, Indian Canyons, and Old Las Palmas. These neighborhoods offer a range of housing options, from modern homes to historic estates, and are close to downtown Palm Springs and its many amenities.
What are some fun things to do in Palm Springs? +
There are plenty of fun things to do in Palm Springs, including visiting the Palm Springs Art Museum, taking a ride on the Palm Springs Aerial Tramway, and exploring the beautiful Indian Canyons. You can also stroll down Palm Canyon Drive, visit the Living Desert Zoo and Gardens, and enjoy the city's many parks and outdoor spaces.
What is the food scene like in Palm Springs? +
The food scene in Palm Springs is vibrant and diverse, with a range of restaurants serving everything from contemporary American cuisine to Mexican and Asian fusion. Some popular restaurants include Workshop Kitchen + Bar, SO•PA, and FARM, as well as casual eateries like Cheeky's and The Heyday. There are also plenty of great food trucks and cafes serving up delicious coffee and pastries.
What are the pros and cons of living in Palm Springs? +
The pros of living in Palm Springs include its beautiful desert landscape, mild winters, and plenty of outdoor recreational opportunities. The city also has a thriving arts and culture scene, with many galleries, museums, and performance venues. However, the summers can be very hot, and the city can be quite crowded during the peak tourist season. Additionally, some areas of the city can be quite pricey, and traffic can be a challenge during rush hour.
Is Palm Springs a good place to live? +
Overall, Palm Springs is a great place to live for people who love the desert landscape and a relaxed, outdoor lifestyle. The city has a lot to offer, from its natural beauty to its cultural attractions and recreational opportunities. However, it may not be the best fit for everyone, particularly those who prefer a more urban or fast-paced environment. Ultimately, whether or not Palm Springs is a good place to live depends on your individual preferences and priorities.
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Avg Property Tax Rate For Palm Springs CA Properties: 4.8000%

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Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

Cap Rate 7.97%
NOI $183,324
Size 0 SF
⭐ Featured

Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF

📊 Average Income For Palm Springs CA Commercial Property: $45,198

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Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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Prime 15-Unit Multifamily Investment in Heart of San Francisco

$4,895,000
San Francisco Multifamily

Discover a prime multifamily investment in the heart of San Francisco's vibrant 94103 zip code. This 15-unit mid-rise pr...

Cap Rate %
NOI $0
Size 8,225 SF
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7-Unit Multifamily Value-Add Opportunity in Long Beach with 7% Cap Rate

$2,100,000
Long Beach Multifamily

Discover a compelling value-add opportunity in the heart of Long Beach, California. This 7-unit multifamily property, lo...

Cap Rate 7.00%
NOI $144,960
Size 6,074 SF
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Prime Arcata Multifamily Value-Add: 126-Unit Garden Apartment with 8.67% Cap Rate

$12,750,000
Arcata Multifamily

Presenting a compelling value-add investment in the vibrant city of Arcata, California. This 126-unit garden-style apart...

Cap Rate 8.67%
NOI $99,999
Size 87,484 SF
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