570 Oleander Rd - Manufacturing FOR SALE


Palm Springs, CA 92264
$870,000 USD
760-774-6533
570 Oleander Rd, Palm Springs, CA for Sale
$870,000 USD
Manufacturing - FOR SALE
1/11
null | Request Cap Rate

570 Oleander Rd
Palm Springs, CA 92264


HIGHLIGHTS

  • Prime Location Near Airport & Freeway Access
  • Partially Leased – Income + Owner-User Opportunity
  • Low Vacancy Market with Solid Demand Drivers
  • Immediate Occupancy with Flex Use
  • Functional Industrial Features + Yard
  • Convenient Surrounding Amenities

OVERVIEW

Just 1.9 miles from Palm Springs International Airport and approximately 4 miles from the I-10 Freeway, the property offers direct access to major transportation routes—making it highly attractive for logistics, distribution, and service operations throughout the entire Coachella Valley. Roughly 2,000 SF is leased at $2,000/month (plus separately metered utilities) with ~2 years left on the lease. The remaining ±2,000 SF—currently used by the owner for storage/office—will be delivered vacant at close, ideal for an owner-user or additional lease-up. Coachella Valley industrial vacancy is just 3.2%, fueled by cannabis, logistics, and manufacturing demand, supporting lease-up. Half the building will be ready for immediate use or leasing, while existing tenancy generates stable cash flow—allowing flexibility in strategy for buyers. The area’s low industrial vacancy (3.9%) suggests strong leasing demand and rent upside. 40,37 SF metal tilt-up/masonry structure with 3,825 SF secured asphalt yard, 5' parking stalls, 16' ceiling height, and fenced lot - suited for manufacturing, storage, or service uses. The property is surrounded by a wide range of retail and service options, including national brands like Walmart, AutoZone, Home Depot, and multiple supermarkets. Nearby food, beverage, and shopping destinations enhance quality of life for employees and provide strong day-to-day convenience for owner-users and tenants alike.

FOR SALE DETAILS

PRICE

$870,000 USD

PRICE/SF

$216 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bahnson's Machine Shop

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.29

LAND SF

12,415

ZONING

M1, Palm Springs

APN/PARCEL ID

680-092-011

ASK ABOUT THIS PROPERTY

Michael LyleColdwell Banker Commercial Lyle & AssociatesMore Info
760-774-6533

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Michael LyleColdwell Banker Commercial Lyle & AssociatesMore Info
760-774-6533

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.