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    54050 Harrison St Thermal, CA 92274

    Sponsored
    For Sale
    $1,650,000

    Prime 11.98-acre commercial property with existing building.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 11.98-acre commercial property, located at the prominent corner of Harrison Street and Avenue 54 in Thermal, California, presents a unique investment opportunity. The property includes an existing office building and boasts a decades-long history as a successful retail tractor business. Its strategic location offers unparalleled access to major transportation arteries, including Interstate 10 freeway and Highway 86, as well as proximity to the Jacqueline Cochran Regional Airport. The expansive acreage and commercial/industrial zoning allow for a multitude of development possibilities, including but not limited to: expansion of the existing retail operation, development of a shopping center, construction of a new retail center, establishment of an industrial facility, creation of a multi-family residential complex, or even the development of a casino. The property's versatility is further enhanced by a currently active cell tower lease, providing a consistent stream of passive income. This prime location, coupled with the existing infrastructure and diverse development potential, makes this property an exceptional investment opportunity in a rapidly growing area. Serious inquiries are encouraged to explore the full potential of this remarkable asset. The property is offered at $1,650,000.

    Property Features for 54050 Harrison St

    General Information

    Property type
    Other commercial real estate
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Thermal
    County
    Riverside
    State
    California
    Longitude
    -116.1811
    Latitude
    33.65633

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 11.98-acre commercial property with existing building.
    Where is this commercial real estate located?
    The property is located at 54050 Harrison St Thermal, CA.
    What is the asking price?
    The asking price for this property is $1,650,000.
    (760) 844-7500
    Request Owner's contact information
    54050 Harrison St Thermal, CA 92274
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    Thermal, CA 92274
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    Realmo Value Estimation

    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.

    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.

    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
    54050 Harrison St Thermal, CA 92274
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