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Property profile & analytics
OFF-MARKET
Land

55 Monroe St & Ave Thermal, CA 92274

20 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 20 ac (871,200 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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