54 Hwy 111 & Ave Thermal, CA 92236
- Land
- 28.50 lot acres
Current Use by Public Records
- Land
Property Details for 54 Hwy 111 & Ave
- Lot size
- 28.50 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 28.5-acre industrial land parcel presents a compelling investment opportunity in Coachella, California. Located at the intersection of Highway 111 and Avenue 54, this property boasts a highly desirable location within Riverside County, adjacent to Coachella city limits. Zoned L-I (Light Industrial), the land is ready for development, with all utilities conveniently located in the street. Benefit from low-cost power provided by the Imperial Irrigation District. The site enjoys exceptional access to major transportation arteries, including Interstate 10 and the Jacqueline Cochran Regional Airport. A new interchange at Airport Boulevard and Expressway 86, along with a new overpass at Airport Boulevard and Highway 111, further enhances connectivity. This strategic location places the property across from the Rancho Coachella Business Center, a thriving hub home to prominent companies such as Coca-Cola, Ernie Ball Guitars, Fulton Distributing, Ocean Mist Packing, and Anthony Vineyards. The property is situated within an Opportunity Zone, offering potential tax advantages. A proposed map outlines plans for subdividing the land into 23 individual industrial lots, presenting significant development potential. The APN is 763-280-001. Asking price is $3,724,380.
Value Estimations
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AI approach
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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
- -116.154
- Latitude
- 33.6567
