You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Land

87923 Airport Blvd Thermal, CA 92274

11.44 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 11.44-acre commercial land parcel presents a unique investment opportunity in Thermal, California. Strategically located at the southeast corner of Expressway 86 and Airport Boulevard, this property boasts unparalleled access and visibility. The site is situated directly at the Expressway 86 off-ramp, providing convenient access for businesses and customers. Its proximity to Interstate 10 further enhances its strategic importance, making it a key location for regional and national commerce. Expressway 86 serves as a vital trade corridor connecting to Mexico, offering significant potential for businesses involved in cross-border activities. The property is also conveniently located near Jacqueline Cochran International Airport, Thermal Motorsports Racetrack (home to the $1 million Indy Car Challenge), and the Desert International Horse Park, one of North America's largest equestrian facilities hosting world-class competitions. This high-traffic area sees approximately 46,900 cars daily. The property is zoned R-A-20 (Residential Agricultural), offering flexibility for development. Located within the sphere of influence of Coachella, one of Riverside County's fastest-growing cities, this land benefits from a dynamic and expanding market. Furthermore, its location within an Opportunity Zone provides potential tax incentives for investors. The asking price is $4,983,264, with a land value of $10 per square foot. The APN is 757-070-052. This is a rare chance to acquire a significant commercial land holding in a rapidly developing area with exceptional access and visibility.

Property profile
Verified
Property type Land
Lot 11.44 ac (498,326 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 87923 Airport Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
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