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1278 Montalvo Way 12,143 SF Industrial Building Palm Springs, CA 92262 $4,171,349 CAD ($343.52 CAD/SF) 6.50% Cap Rate



Investment Highlights
- Located Near Palm Springs International Airport
- Convenient Access To Major Roadways
- Strong Business Park Setting
- Established Industrial Market In Palm Springs
Executive Summary
1278 Montalvo Way presents an opportunity to acquire a fully leased industrial flex investment property in Palm Springs, California. Situated on approximately 1.07 acres within an established Industrial Park zoning district, the property consists of a ±12,143-square-foot building occupied by a long-term single tenant. The asset has been maintained in excellent condition and benefits from a secure, gated layout, recent exterior paint improvements, and a large yard area that supports a variety of industrial and operational uses.
The property's location offers convenient access to Gene Autry Trail and is positioned near Palm Springs International Airport, providing connectivity for businesses serving the Coachella Valley and surrounding Southern California markets. Its business park setting provides visibility and accessibility while supporting industrial and flex-space operations.
Offered fee simple and free and clear of debt, the property generates a reported net operating income of $195,000 and is marketed at a 6.5% cap rate. An additional consideration for owner-users is the stated potential for tenant relocation, creating future occupancy flexibility while preserving current income generation. This combination of in-place cash flow, functional industrial improvements, and long-term user potential makes the property a compelling investment opportunity in the Palm Springs market.
The property's location offers convenient access to Gene Autry Trail and is positioned near Palm Springs International Airport, providing connectivity for businesses serving the Coachella Valley and surrounding Southern California markets. Its business park setting provides visibility and accessibility while supporting industrial and flex-space operations.
Offered fee simple and free and clear of debt, the property generates a reported net operating income of $195,000 and is marketed at a 6.5% cap rate. An additional consideration for owner-users is the stated potential for tenant relocation, creating future occupancy flexibility while preserving current income generation. This combination of in-place cash flow, functional industrial improvements, and long-term user potential makes the property a compelling investment opportunity in the Palm Springs market.
Property Facts
| Price | $4,171,349 CAD | Lot Size | 1.07 AC |
| Price Per SF | $343.52 CAD | Rentable Building Area | 12,143 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6.50% | Year Built | 1985 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 0.82/1,000 SF |
| Building Class | C | ||
| Zoning | IP - Industrial Park | ||
| Price | $4,171,349 CAD |
| Price Per SF | $343.52 CAD |
| Sale Type | Investment |
| Cap Rate | 6.50% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.07 AC |
| Rentable Building Area | 12,143 SF |
| No. Stories | 1 |
| Year Built | 1985 |
| Tenancy | Single |
| Parking Ratio | 0.82/1,000 SF |
| Zoning | IP - Industrial Park |
Amenities
- Controlled Access
- Signage
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 677-462-001 | Improvements Assessment | $1,895,471 CAD |
| Land Assessment | $909,438 CAD | Total Assessment | $2,804,909 CAD |
Property Taxes
Parcel Number
677-462-001
Land Assessment
$909,438 CAD
Improvements Assessment
$1,895,471 CAD
Total Assessment
$2,804,909 CAD
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1278 Montalvo Way
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