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Palm Springs Industrial Properties for Sale
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Industrial Properties For Sale in Palm Springs
Palm Springs is the largest city by land area in Riverside County. It is known for its combination of natural beauty and city amenities. The city is a center for industrial properties with 22 listings available, indicating a strong demand for industrial space. The infrastructure in Palm Springs, including the Palm Springs International Airport and various highways, provides excellent access for businesses. The local education system, with institutions like College of the Desert, contributes to a skilled workforce. The city's position in the Sonoran Desert offers a climate that benefits many industries. Palm Springs also has a rich cultural history and offers modern conveniences for both work and leisure.
The industrial properties in Palm Springs take advantage of the city's strong infrastructure and strategic location. These properties are well-placed for businesses that require efficient transportation and logistics. The city also has warehouses that meet the needs of businesses for storage and distribution. There are land opportunities for new development and apartment buildings to house the growing workforce. The commercial real estate market in Palm Springs is diverse, with offerings that meet the needs of the local economy and capitalize on the city's desert setting. These aspects make Palm Springs an attractive location for industrial and commercial activities.
Learn About Industrial Properties For Sale in Palm Springs
How many industrial properties listings are available for sale in Palm Springs?
There are currently 22 industrial properties listings available for sale in Palm Springs.
What is the largest industrial property available to buy in Palm Springs?
The largest industrial property listing currently available in Palm Springs spans 1,270,171 SF.
How much does it cost to buy an industrial property in Palm Springs?
The cost to purchase an industrial property in Palm Springs varies:
- The average price per square foot for industrial properties is $290.
- These properties come in a variety of sizes, with the average being around 148,236 SF.
What factors should I consider when searching for industrial properties in Palm Springs?
When evaluating industrial properties in Palm Springs, consider these key factors to inform your decision:
- Assess the average size and price per square foot of available listings, the average size being 148,236 SF, and the average price per square foot noted as $290.
- Consider the cap rate, which is an indicator of investment potential, and currently, the average cap rate for these listings is 5.40%.
- Take into account the regional transportation infrastructure and local amenities, as Palm Springs offers access to major highways and features a variety of services that may complement industrial operations.
Industrial Properties in Palm Springs - Size Summary
| Industrial Property Size | Square Feet |
|---|---|
| Maximum | 1,270,171 SF |
| Average | 148,236 SF |
| Minimum | 3,650 SF |
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