111 Of Hwy Thermal, CA 92274
- Land
- 0.47 lot acres
Current Use by Public Records
- Land
Property Details for 111 Of Hwy
- Lot size
- 0.47 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Thermal
- County
- Riverside
- State
- California
- Longitude
- -116.173
- Latitude
- 33.6421
