129 Honolulu Ln Thermal, CA 92274
This exceptional 0.21-acre residential lot presents a unique opportunity in the desirable Desert Shores community of Thermal, California. Located at 129 Honolulu Lane, this property boasts a prime location with eventual water access to the rear at the canals, offering stunning views of the Salton Sea. The area is anticipated to be among the first around the Salton Sea to see water restored to its canals. This R-1 zoned land (APN 001-170-036) provides the freedom of ownership without the burden of HOA fees, and benefits from lower Imperial Irrigation District (IID) electricity rates compared to other areas. Historically, properties in this location enjoyed direct access to the Salton Sea via boat. The property is being sold "as-is," with the seller making no warranties except as to title. This is an ideal investment for those seeking a piece of land with significant potential in a rapidly developing area, close to the Salton Sea. The lot's size and location make it perfect for building a future home or investment property. Don't miss this chance to own a piece of the Salton Sea's revitalization. The zip code is 92274.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.