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Property profile & analytics
OFF-MARKET
Land

113 Venice Ln Thermal, CA 92274

0.21 ac lot
Property ID
US09-7807093
Property summary
AI-generated overview

This exceptional 0.21-acre residential lot presents a unique opportunity in the desirable Desert Shores community of Thermal, California. Located on 113 Venice Lane, this vacant land boasts a prime location near the picturesque Salton Sea and the tranquil Desert Shores Canals. Its adjacency to existing residences ensures convenient access to utilities. This area is poised for revitalization, with plans to restore water flow to the canals, potentially increasing property value. The property is being sold "as-is," with the seller making no warranties except as to title. A significant advantage is the absence of HOA fees, coupled with lower Imperial Irrigation District (IID) electricity rates in this area. Historically, properties in this location enjoyed direct water access via boat, offering a glimpse into the area's potential future. The lot's APN is 001143008, and its zip code is 92274. This is an excellent investment opportunity for those seeking a piece of land in a developing area with potential for significant appreciation. The asking price for this remarkable property is $49,990.

Property profile
Verified
Property type Land
Lot 0.21 ac (9,148 SF)
UPID US09-7807093
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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