86886 Newton Way Thermal, CA 92274

Listing office Desert Pacific Properties Inc s***@dppllc.com Show Phone

Listing date Oct 9, 2023

Source Crexi

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Investment Insights

Based on property information with market context.

This premium corner lot is located within The Thermal Club Motorsports facility, which features 5 miles of private pavement and luxury amenities. These amenities include two clubhouses, three restaurants, a meeting and banquet building, a full-service spa, and a fitness center. The club also offers a 48-villa hotel, tennis and pickleball courts, a kids club, karting, racing, driver training, and storage and repair facilities. The property offers amazing views of the track and surrounding mountains. Building plans are 70% completed and include three levels of lift and slide windows and a removable roof. Purchasing a villa or lot at The Thermal Club requires purchasing a membership. A standard family membership has a one-time initiation fee of $250,000, plus membership dues of $3,200 per month and a $350 monthly ground maintenance fee per lot.

Key Highlights

• Premium corner lot location with amazing views of the track and surrounding mountains.
• Access to The Thermal Club's 5 miles of private pavement and luxury amenities.
• Building plans are 70% completed, including lift and slide windows and a removable roof.

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FAQs

What type of property is this?

Commercial land - Corner lot with amazing views in The Thermal Club.

Where is this commercial land located?

The property is located at 86886 Newton Way Thermal, CA.

What is the asking price?

The asking price for this property is $2,150,000.

What are key features of this property?

This property features: Premium corner lot location with amazing views of the track and surrounding mountains.; Access to The Thermal Club's 5 miles of private pavement and luxury amenities.; Building plans are 70% completed, including lift and slide windows and a removable roof.