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    54 Hwy 111 & Ave Thermal, CA 92236

    Sponsored
    For Sale
    $3,724,380

    28.5-acre industrial land, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 28.5-acre industrial land parcel presents a compelling investment opportunity in Coachella, California. Located at the intersection of Highway 111 and Avenue 54, this property boasts a highly desirable location within Riverside County, adjacent to Coachella city limits. Zoned L-I (Light Industrial), the land is ready for development, with all utilities conveniently located in the street. Benefit from low-cost power provided by the Imperial Irrigation District. The site enjoys exceptional access to major transportation arteries, including Interstate 10 and the Jacqueline Cochran Regional Airport. A new interchange at Airport Boulevard and Expressway 86, along with a new overpass at Airport Boulevard and Highway 111, further enhances connectivity. This strategic location places the property across from the Rancho Coachella Business Center, a thriving hub home to prominent companies such as Coca-Cola, Ernie Ball Guitars, Fulton Distributing, Ocean Mist Packing, and Anthony Vineyards. The property is situated within an Opportunity Zone, offering potential tax advantages. A proposed map outlines plans for subdividing the land into 23 individual industrial lots, presenting significant development potential. The APN is 763-280-001. Asking price is $3,724,380.

    Property Features for 54 Hwy 111 & Ave

    General Information

    Property type
    Land
    Lot Size
    1,241,460 SF

    HighLights

    • $3,724,380 asking price for 28.5 acres of industrial land.
    • Located in Coachella, CA, at Hwy 111 & Ave 54 (APN 763‑280‑001).
    • L‑I (Light Industrial) zoning.
    • Opportunity Zone designation.
    • Excellent access to I‑10 freeway and Jacqueline Cochran Regional Airport.
    • Adjacent to Rancho Coachella Business Center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Thermal
    County
    Riverside
    State
    California
    Longitude
    -116.15360983901
    Latitude
    33.656711199877

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    FAQs

    What type of property is this?
    Land - 28.5-acre industrial land, prime location.
    Where is this land located?
    The property is located at 54 Hwy 111 & Ave Thermal, CA.
    What is the asking price?
    The asking price for this property is $3,724,380.
    What are key features of this property?
    This property features: $3,724,380 asking price for 28.5 acres of industrial land.; Located in Coachella, CA, at Hwy 111 & Ave 54 (APN 763-280-001).; L-I (Light Industrial) zoning.
    Request Owner's contact information
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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
    54 Hwy 111 & Ave Thermal, CA 92236
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