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    1102 Stanford Ave Thermal, CA 92274

    For Sale
    Contact for pricing

    Vacant lot, ideal desert location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 0.26-acre vacant commercial lot, identified by APN 017-031-007-000, presents a unique investment opportunity in the thriving Thermal, California area. Situated at 1102 Stanford Ave, Lot 7, this property boasts a strategic location off Highway 86 in Salton City, providing convenient access to major thoroughfares. The land's zoning allows for a variety of commercial uses, making it an attractive prospect for developers seeking to capitalize on the growing tourism sector driven by the proximity to renowned outdoor recreation destinations. The nearby Anza-Borrego Desert State Park and Ocotillo Wells State Vehicular Recreation Area draw significant numbers of outdoor enthusiasts and nature lovers, creating a robust potential customer base for any commercial venture established on this land. Alternatively, the property could serve as a valuable addition to the local community, providing much-needed amenities or services. The asking price for this exceptional parcel is $18,000. With its prime location and diverse development potential, this property represents a compelling investment opportunity in a rapidly developing area of Riverside County, California, zip code 92274. The coordinates are 33.273003 latitude and -115.953174 longitude.

    Property Features for 1102 Stanford Ave

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Thermal
    County
    Riverside
    State
    California
    Longitude
    -115.953174
    Latitude
    33.273003

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    FAQs

    What type of property is this?
    Land - Vacant lot, ideal desert location.
    Where is this land located?
    The property is located at 1102 Stanford Ave Thermal, CA.
    What is the asking price?
    The asking price for this property is $18,000.
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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
    1102 Stanford Ave Thermal, CA 92274
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