86600 Airport BlvdThermal, CA 92274

  • Land
  • 19.50 AC
For Sale
$699,000 View listing

Property Details for 86600 Airport Blvd

Lot size
19.50 AC
Zone code
A120
Property type
Land
Property subtype
Commercial land
APN
763-310-012
APU
763310012

Description

This exceptional 19.5-acre parcel presents a unique investment opportunity in Thermal, California. Located at 86600 Airport Blvd, this property boasts an M-H zoning designation, ideal for a variety of commercial and industrial uses, including outside storage. All utilities are conveniently located at the street. The strategic location offers unparalleled access and visibility. Situated directly across from Jacqueline Cochran Regional Airport, this land benefits from proximity to the acclaimed Desert International Horse Park and a newly constructed, 99,000 square foot Sheriff's Station representing a $42 million investment. Further enhancing its accessibility, the property enjoys the advantage of a new interchange at Airport Boulevard and Expressway 86, as well as a new overpass at Airport Boulevard and Highway 111. For those seeking high-end amenities, the Thermal Club, a prestigious motorsports club, is also nearby. The APN is 763-310-012. The asking price is $699,000, translating to approximately $34,000 per acre. This represents a compelling opportunity for investors seeking a prime location with significant development potential in a rapidly growing area. The land is zoned for commercial and industrial use.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $267,216,144
    Hospitality
    $244,768,560
    Educational
    $203,644,560
    Medical
    $210,648,208
    Retail
    $316,780,416
86600 Airport Blvd, Thermal, California
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Location Insight

City
Thermal
County
Riverside
State
California
Latitude
33.644
Longitude
-116.154
CBSA code
40140
CBSA name
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$7,467
$588,547
-
$588,547
-
-
-
-

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