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    58Th Ave Thermal, CA 92274

    Sponsored
    For Sale
    $750,000

    Prime land, stunning mountain views, equestrian-friendly.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4.5-acre property presents a unique opportunity in the desirable Vista Santa Rosa area of Thermal, California. Located at the intersection of Monroe St and 58th Ave, this land boasts breathtaking views of the Santa Rosa Mountains and offers a tranquil, open country atmosphere while remaining conveniently close to amenities. The property is zoned A-1-20 (Light Agriculture, 20-acre minimum lot size), and its APN is 764-130-010. The asking price is $750,000, translating to $333,333 per acre. Its strategic location places it directly across from Piazza Serena and just three miles from the renowned HITS Horseshow. This area is known for its prestigious equestrian estates and high-end country clubs, including the Madison Club, Andalusia Country Club, PGA West, The Palms, and Hideaway, making it an ideal location for a luxury residential development or a unique equestrian property. The property's size and location offer significant potential for a variety of uses, making it a compelling investment opportunity in a sought-after location. The land is classified as Residential, Commercial, and Ranch.

    Property Features for 0 58Th Ave

    General Information

    Property type
    Farms
    Lot Size
    196,020 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Thermal
    County
    Riverside
    State
    California
    Longitude
    -116.23330764276
    Latitude
    33.629106664152

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    FAQs

    What type of property is this?
    Farm - Prime land, stunning mountain views, equestrian-friendly.
    Where is this farm located?
    The property is located at 58Th Ave Thermal, CA.
    What is the asking price?
    The asking price for this property is $750,000.
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    58Th Ave 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
    58Th Ave Thermal, CA 92274
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