Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    Nec Monroe St & Airport Blvd Thermal, CA 92274

    Sponsored
    For Sale
    $8,000,000

    Prime La Quinta land, residential/commercial potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 38.7-acre parcel presents a unique development opportunity in the highly desirable La Quinta, California area. Located at the Northeast corner of Monroe Street and Airport Boulevard (APN 780-310-012), this property is zoned A-1-20, allowing for light agriculture with a minimum lot size of 20 acres. Its strategic location offers breathtaking views of the Santa Rosa Mountains and places it in close proximity to world-renowned golf courses like PGA West and The Palms Golf Club. The property's versatility allows for either residential or commercial development, capitalizing on the area's strong demand. Further enhancing its appeal, the property is situated near Gateway Village, a recently approved neighborhood community center featuring 70 cottages, 172 apartments, a gas station, and a convenience store, located just south of the site. This development significantly increases the area's residential density and provides a strong foundation for future growth. The asking price for this expansive land parcel is $8,000,000. This presents a rare chance to acquire a substantial land holding in a prime location with significant upside potential. The property's proximity to exclusive country clubs and equestrian estates further underscores its desirability and potential for high-value development. Serious inquiries are encouraged.

    Property Features for 0 Nec Monroe St & Airport Blvd

    General Information

    Property type
    Farms
    Lot Size
    1,685,772 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Thermal
    County
    Riverside
    State
    California
    Longitude
    -116.2333801
    Latitude
    33.64208

    Nearby Similar for Sale

    • $1,500,000
      19.55 Acres

      Thermal Agricultural Land with Date Palms

      19.55 acres with date palms, greenhouse, and water.
      76850 Pierce St, Thermal, CA 92274
      View Details
    • $255,000
      1,000 SF

      Commercial Property with Living Space

      Auto repair garage with living space in Thermal, California.
      2154 Riviera Cir, Thermal, CA 92274
      View Details
    • $2,200,000
      11.09 Acres

      Improved Agricultural Property in Thermal

      11.09-acre agricultural property with mature date palms and equestrian facilities.
      88161 Airport Blvd, Thermal, CA 92274
      View Details
    • New
      $525,000
      5,000 SF

      Thermal Commercial Property For Sale

      High-visibility commercial property near Hwy 86, suitable for various businesses.
      2124 Thomas R Cannell Rd, Thermal, CA 92274
      View Details
    • New
      $795,000
      Pending

      Alexandra Dates Organic Date Farm

      Income-producing organic date farm with Medjool dates in Thermal, CA.
      9.77 Acres Monroe/62, Thermal, CA 92274
      View Details
    • New
      $1,997,250
      79.09 Acres

      Thermal Farm with Development Potential

      79.09 AC farm with wells and included equipment.
      96400 70Th Ave, Thermal, CA 92274
      View Details
    • $2,999,000
      29.92 Acres

      Productive Date Ranch in Thermal

      30-acre date ranch with private well and multiple structures.
      83775 58Th Ave, Thermal, CA 92274
      View Details
    • $60,000
      9,917.00 Acres

      Thermal, CA Land/Lot Opportunity

      Spacious lot near Salton Sea with investment and residential potential.
      794 Hilo Ave, Thermal, CA 92274
      View Details
    • Contact for pricing
      0.23 Acres

      Land in Thermal, California

      Vacant land available in Thermal, CA.
      2384 Shore King Ave, Thermal, CA 92274
      View Details
    • $795,000

      Income Producing Organic Date Farm

      Well-located, income-producing organic date farm with Medjool dates.
      9 .77 Acres Monroe/62, Thermal, CA 92274
      View Details
    • $1,173,600

      Organic Date Ranch in Oasis

      Portfolio of ranches with organic date trees in Coachella Valley.
      81St Ave, Thermal, CA 92274
      View Details
    • $1,866,750

      Organic Date Ranch Opportunity

      74.67 acre organic date ranch with date trees.
      & Expwy 86, Thermal, CA 92274
      View Details

    FAQs

    What type of property is this?
    Farm - Prime La Quinta land, residential/commercial potential.
    Where is this farm located?
    The property is located at Nec Monroe St & Airport Blvd Thermal, CA.
    What is the asking price?
    The asking price for this property is $8,000,000.
    Request Owner's contact information
    Nec Monroe St & Airport Blvd Thermal, CA 92274
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Nec Monroe St & Airport Blvd
    Thermal, CA 92274
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Nec Monroe St & Airport Blvd Thermal, CA 92274
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.