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Property profile & analytics
OFF-MARKET
Commercial real estate

65168 Van Buren St Thermal, CA 92274

73 ac lot
Individually Owned 1-yr Hold
Property ID
US09-4215331
Property summary
AI-generated overview

Exceptional opportunity to acquire 73 acres of flat, cleared agricultural land in Thermal, California. This rectangular parcel, identified by APN 751-060-028, is zoned A-1-10 and offers convenient access via paved Van Buren Street. Significant pre-development work has already been completed, with the removal of existing date trees resulting in a largely flat topography, saving the buyer substantial costs. Electricity is readily available in the immediate vicinity. The property's regular rectangular shape allows for efficient use and potential for multiple access points from Van Buren Street. This fee-simple ownership offers a 1031 exchange opportunity, making it an attractive investment for qualified buyers. The property's location in Riverside County, CA, zip code 92274, presents a unique chance to create a specialized agricultural operation or other permitted development. The seller has invested heavily in site preparation, leaving the land ready for immediate development. This represents a rare opportunity to acquire a large, flat, and accessible parcel in a desirable location.

Property profile
Verified
Property type Commercial real estate
Lot 73 ac (3,179,880 SF)
APN 751-060-028
UPID US09-4215331
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Phil Ky Luong · 1 yrs held
Phil Ky Luong
since 2025
1 recorded transaction
2025
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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