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Property profile & analytics
OFF-MARKET
Land

111 Of Hwy Thermal, CA 92274

0.47 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.47-acre industrial land parcel presents a compelling investment opportunity in Thermal, California. Located at the intersection of N Airport Blvd and east of Highway 111, near West Tyler Street, this property boasts convenient access to major transportation arteries. It's a mere 4.5 miles south of Expressway 86 and offers easy connectivity to I-10, ensuring seamless logistics and distribution. The land is zoned M-SC (Manufacturing – Service Commercial), allowing for a variety of uses. Currently, the site is fully fenced and features a gravel surface, providing a practical and ready-to-use space. Priced at $49,000, or $1 per square foot, this represents a highly competitive land value. Adding to its appeal, this property is situated within an Opportunity Zone, potentially offering significant tax advantages for qualified investors. The seller is open to considering lease or lease-option arrangements, providing flexibility for potential buyers. The Assessor's Parcel Number (APN) is 763-350-004. This property is ideal for businesses seeking a strategically located and well-maintained industrial site in Riverside County, CA, zip code 92274.

Property profile
Verified
Property type Land
Lot 0.47 ac (20,473 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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