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    Bennion Deville Homes

    71691 Highway 111, Rancho Mirage, CA 92270
    (760) 770-6801
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    For Sale (36)

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    Land in Thermal, California
    Contact for pricing
    0.23 Acres

    Land in Thermal, California

    Residential land suitable for building a custom home.

    2105 Sea View Dr, Thermal, CA 92274
    View details
    Salton City Untouched Land
    $7,500,000
    418.17 Acres

    Salton City Untouched Land

    418.17 acres of land with outstanding potential uses.

    Crystal Ave, Salton City, CA 92275
    View details
    Vacant Land in Indio, CA
    $135,000
    20.00 Acres

    Vacant Land in Indio, CA

    20 acre vacant land zoned W-2-10 in Indio.

    20 Ac Box Cyn Rd, Indio, CA 92201
    View details
    Vacant Land in Indio, CA
    $75,000
    10.00 Acres

    Vacant Land in Indio, CA

    20-acre vacant land zoned W-2-10 in Indio, CA.

    10 Ac Box Cyn Rd, Indio, CA 92201
    View details
    Hemet Land with Agricultural Potential
    $109,000
    5.00 Acres

    Hemet Land with Agricultural Potential

    Five-acre lot suitable for residential and agricultural use.

    Serriano Rd, Hemet, CA 92544
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    Land in Thermal, California
    Contact for pricing
    0.38 Acres

    Land in Thermal, California

    Large lot suitable for building a comfortable home.

    812 Salton Dr, Thermal, CA 92274
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    Land in Thermal, California
    Contact for pricing
    0.24 Acres

    Land in Thermal, California

    Spacious lot ready for your dream home design.

    2230 Palm Mnr Ave, Thermal, CA 92274
    View details
    Thermal Land for Residential Development
    Contact for pricing
    0.21 Acres

    Thermal Land for Residential Development

    Residential lot in Thermal, CA, near Highway 86.

    2864 Treadwell Blvd, Thermal, CA 92274
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    Buildable Lot in Garner Valley
    $70,000
    5.02 Acres

    Buildable Lot in Garner Valley

    Graded 5-acre lot with building pad and road.

    Pipe Creek Rd, Mountain Center, CA 92561
    View details
    Rancho Mirage Vacant Lot
    $1,295,000
    0.93 Acres

    Rancho Mirage Vacant Lot

    Vacant lot in Mirada Estates with mountain views.

    28 Stone Clf, Rancho Mirage, CA 92270
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    Land with Working Wells
    $300,000
    2.69 Acres

    Land with Working Wells

    2.69 acre lot with three wells in Mountain Center.

    59777 Ca-74, Mountain Center, CA 92561
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    Mountain Center Land with Panoramic Views
    $140,000
    2.50 Acres

    Mountain Center Land with Panoramic Views

    2.5-acre lot with custom home plans and 360° views.

    Juniper Rd, Mountain Center, CA 92561
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    Land Near Lake in Thermal
    Contact for pricing
    0.22 Acres

    Land Near Lake in Thermal

    Spacious lot near lake, ideal for custom home.

    2477 Ralph Ave, Thermal, CA 92274
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    Land in Thermal, California
    Contact for pricing
    0.23 Acres

    Land in Thermal, California

    Residential land available for new home construction.

    2215 Ln Brisa Ct, Thermal, CA 92274
    View details
    Rancho Mirage Ground Floor Unit
    $249,900
    1,050 SF

    Rancho Mirage Ground Floor Unit

    Two-bedroom, two-bath unit in a 55+ gated community.

    69850 Highway 111, Rancho Mirage, CA 92270
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    Land in Yucca Valley, CA
    $45,500
    2.37 Acres

    Land in Yucca Valley, CA

    2.37 acre lot with views in growing area.

    Fairmont Dr, Yucca Valley, CA 92284
    View details
    Desert Hot Springs Land Parcel
    $65,000
    0.19 Acres

    Desert Hot Springs Land Parcel

    Premium lot ready for your dream home in Desert Hot Springs.

    12415 Pomelo Dr, Desert Hot Springs, CA 92240
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    Desert Hot Springs Land Development
    $2,430,000
    0.17 Acres

    Desert Hot Springs Land Development

    54 residential lots in booming Desert Hot Springs area.

    Dillon Rd, Desert Hot Springs, CA 92240
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    Land in Whitewater with Views
    Contact for pricing
    0.25 Acres

    Land in Whitewater with Views

    Spacious lot with desert and mountain views near Palm Springs.

    Marble Dr, Whitewater, CA 92282
    View details
    Mountain Center Land Opportunity
    $250,000
    4.68 Acres

    Mountain Center Land Opportunity

    Two contiguous parcels totaling 4.69 acres in Chapman Ranchos.

    Avenida Los Feliz Ave, Mountain Center, CA 92561
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    Residential Land in Thermal, CA
    Contact for pricing
    0.23 Acres

    Residential Land in Thermal, CA

    Residential land available for building a custom home.

    2212 Palm Mnr Ave, Thermal, CA 92274
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    5 Acre Lot on Highway
    Contact for pricing
    5.00 Acres

    5 Acre Lot on Highway

    5 acre commercial land for sale in 29 Palms.

    Twenty-Nine Palms Hwy, 29 Palms, CA 92277
    View details
    Joshua Tree Land For Sale
    $32,000
    2.21 Acres

    Joshua Tree Land For Sale

    2.2-acre parcel in Joshua Tree's Hidden Rivers area.

    Sunburst Ave, Joshua Tree, CA 92252
    View details
    Borrego Springs Land Opportunity
    $50,000
    0.26 Acres

    Borrego Springs Land Opportunity

    Four combined lots near downtown Borrego Springs, California.

    Flying U Rd, Borrego Springs, CA 92004
    View details
    Thermal Land Investment Opportunity
    Contact for pricing
    0.25 Acres

    Thermal Land Investment Opportunity

    Spacious lot in growing area, ideal for investment/development.

    2580 Dana Ave, Thermal, CA 92274
    View details
    Joshua Tree Land Opportunity
    $35,000
    2.50 Acres

    Joshua Tree Land Opportunity

    2.496-acre parcel in Joshua Tree, utilities nearby.

    Bellflower St, Joshua Tree, CA 92252
    View details
    Panoramic View Lot in Garner
    $195,000
    5.33 Acres

    Panoramic View Lot in Garner

    Rare 5.33-acre lot with unobstructed valley views.

    1 Butterfly Peak Rd, Mountain Center, CA 92561
    View details
    Rancho Mirage Land For Sale
    $599,000
    0.51 Acres

    Rancho Mirage Land For Sale

    Over 1/2 acre lot in Fairway Estates.

    12115 Turnberry Dr, Rancho Mirage, CA 92270
    View details
    La Quinta Cove Vacant Land
    $175,000
    0.11 Acres

    La Quinta Cove Vacant Land

    Vacant lot in La Quinta Cove with mountain views.

    Eisenhower Dr, La Quinta, CA 92253
    View details
    Yucca Valley Land with Views
    $60,000
    5.00 Acres

    Yucca Valley Land with Views

    Private 5-acre lot with city and valley views.

    Sunnyslope Dr, Yucca Valley, CA 92284
    View details
    Fairway Estates Land Opportunity
    $599,000
    0.34 Acres

    Fairway Estates Land Opportunity

    Desirable Rancho Mirage lot with stunning views and building options.

    12102 Turnberry Dr, Rancho Mirage, CA 92270
    View details
    Land in Thermal, California
    Contact for pricing
    0.26 Acres

    Land in Thermal, California

    Residential land available for building a custom home.

    2224 Ln Brisa Ct, Thermal, CA 92274
    View details
    Charming Home in 55+ Community
    $274,500
    1,050 SF

    Charming Home in 55+ Community

    Delightful 2-bedroom home with resort-style amenities and mountain views.

    69850 Highway 111, Rancho Mirage, CA 92270
    View details
    Mountain View Land For Sale
    $55,000
    2.39 Acres

    Mountain View Land For Sale

    2.39 acres with panoramic mountain and valley views.

    Scenic Dr, Mountain Center, CA 92561
    View details
    Vacant Lot in Desert Hot Springs
    $69,000
    0.16 Acres

    Vacant Lot in Desert Hot Springs

    Residential lot in Desert Hot Springs near Two Bunch Palms.

    66690 Two Bunch Palms Trl, Desert Hot Springs, CA 92240
    View details
    Large Lot in Salton Sea
    Contact for pricing

    Large Lot in Salton Sea

    Spacious lot for investment or development in Thermal, CA.

    2580 Dana Ave, Thermal, CA 92274
    View details

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    Bennion Deville Homes
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Bennion Deville Homes
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