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    87200 Airport Blvd Thermal, CA 92274

    Sponsored
    For Sale
    $2,957,288

    22.63 Acres, Hwy 111 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 22.63-acre parcel boasts prime commercial and industrial C1-CP & M-SC zoning in Thermal, California. Strategically located at the intersection of Highway 111 and Airport Boulevard, this property benefits from exceptional visibility and accessibility, with approximately 13,800 cars passing daily on Highway 111. Recent infrastructure improvements include a new overpass at Airport Boulevard and Highway 111, and a new interchange at Airport Boulevard and Expressway 86, further enhancing connectivity. Utilities are readily available on-site. The property's strategic location offers proximity to key amenities, including the prestigious Thermal Club race track (three miles away) and the acclaimed Desert International Horse Park. A significant advantage is the inclusion of an existing post office lease, providing immediate income potential until June 30, 2027. The property's APN is 763-350-023, 024, and is situated at 87200 Airport Blvd, Thermal, CA 92274. This presents a rare opportunity to acquire a substantial land holding in a rapidly developing area with excellent access to major transportation arteries. The asking price is $2,957,288.

    Property Features for 87200 Airport Blvd

    General Information

    Property type
    Land
    Lot Size
    985,763 SF

    HighLights

    • 22.63‑acre commercial/industrial parcel (C1‑CP & M‑SC zoning) in Thermal, CA.
    • High visibility location at Highway 111 & Airport Blvd, with 13,800+ daily vehicle count.
    • Improved access via new overpasses at Airport Blvd and Highway 111, and a new interchange at Airport Blvd and Expressway 86.
    • Utilities available; existing post office lease providing immediate income until 6/30/2027.
    • APN: 763‑350‑023, 024; Address: 87200 Airport Blvd, Thermal, CA 92274; Asking price: $2,957,288.
    Property Profile Location Intelligence

    Current Use by Public Records

    love and whiskers, inc. Animal Shelter United States Postal ... Post Office

    Suggested Use

    Law Firm Building Supply Wholesale Shop Auto Repair Shop Gym & Fitness Auto Parts Store Kitchen & Bath Bar & Pub Discount Store Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Thermal
    County
    Riverside
    State
    California
    Longitude
    -116.1428063
    Latitude
    33.6425096

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    FAQs

    What type of property is this?
    Land - 22.63 Acres, Hwy 111 Frontage
    Where is this land located?
    The property is located at 87200 Airport Blvd Thermal, CA.
    What is the asking price?
    The asking price for this property is $2,957,288.
    What are key features of this property?
    This property features: 22.63-acre commercial/industrial parcel (C1-CP & M-SC zoning) in Thermal, CA.; High visibility location at Highway 111 & Airport Blvd, with 13,800+ daily vehicle count.; Improved access via new overpasses at Airport Blvd and Highway 111, and a new interchange at Airport Blvd and Expressway 86.
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    87200 Airport Blvd 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
    87200 Airport Blvd Thermal, CA 92274
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