54050 Harrison St Thermal, CA 92274
- Manufacturing properties
- 352 SF
- 11.98 lot acres
Current Use by Public Records
- Manufacturing properties
Property Details for 54050 Harrison St
- Year built
- 1958
- Construction
- WOOD
- Lot size
- 11.98 lot acres
- Property size
- 352 SF
- Zone code
- M1
- Property type
- Manufacturing properties
- APN
- 763-230-001
- APU
- 763230001
Description
This exceptional 11.98-acre commercial property, located at the prominent corner of Harrison Street and Avenue 54 in Thermal, California, presents a unique investment opportunity. The property includes an existing office building and boasts a decades-long history as a successful retail tractor business. Its strategic location offers unparalleled access to major transportation arteries, including Interstate 10 freeway and Highway 86, as well as proximity to the Jacqueline Cochran Regional Airport. The expansive acreage and commercial/industrial zoning allow for a multitude of development possibilities, including but not limited to: expansion of the existing retail operation, development of a shopping center, construction of a new retail center, establishment of an industrial facility, creation of a multi-family residential complex, or even the development of a casino. The property's versatility is further enhanced by a currently active cell tower lease, providing a consistent stream of passive income. This prime location, coupled with the existing infrastructure and diverse development potential, makes this property an exceptional investment opportunity in a rapidly growing area. Serious inquiries are encouraged to explore the full potential of this remarkable asset. The property is offered at $1,650,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Thermal
- County
- Riverside
- State
- California
- Longitude
- -116.181
- Latitude
- 33.6548
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
