55 Monroe St & Ave Thermal, CA 92274
- Land
- 20.00 lot acres
Current Use by Public Records
- Land
Property Details for 55 Monroe St & Ave
- Lot size
- 20.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 20-acre property, identified by APN 780-310-004, presents a unique investment opportunity in Thermal, California. Located at the intersection of Monroe St and Ave 55, this land boasts a coveted A-1-20 zoning designation, suitable for agricultural, ranch, and residential uses. Situated within Riverside County, zip code 92274, the property enjoys a prime location near the prestigious Madison Club and is within the sphere of influence of La Quinta. The expansive 20 acres offer a wonderful open country atmosphere, yet provides convenient access to nearby amenities. Its proximity to the Madison Club, an exclusive country club community, adds to its desirability. The area is also known for its many exclusive equestrian estates, suggesting a strong potential for high-end residential development or continued agricultural/ranch use. The asking price for this remarkable property is $2,500,000. This presents a rare chance to acquire a significant land holding in a highly sought-after location. The property's versatility and location make it an attractive investment for a variety of uses.
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
- -116.225
- Latitude
- 33.6469
