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Property profile & analytics
OFF-MARKET
Refrigerated & Cold Storage

82291 61St Ave Thermal, CA 92274

34,655 SF 11.42 ac lot Built 1970
Property ID
US10-2490764
Property summary
AI-generated overview

This exceptional 34,655-square-foot industrial property in Thermal, California, presents a unique investment opportunity. Situated on 11.42 acres, the property includes a 18,000-square-foot warehouse with approximately $1 million worth of date processing equipment (inventory list available upon request), 10,000 square feet of cold storage, and over 2,000 square feet of office space. Additional features include drying and steam rooms. The site also boasts three single-family homes (two with month-to-month tenants) and over 7.5 acres of Medjool date trees yielding approximately 25,000 pounds of fruit annually. The facility, built in 1970, has a 15-foot ceiling height and was designed to process up to 6 million pounds of dates per year, previously handling approximately 4.5 million pounds. Utilities include propane, natural gas, and IID Power. Located in an Opportunity Zone, this property offers significant tax advantages. The versatile layout and zoning allow for various business uses, including cannabis cultivation, manufacturing, and distribution. The asking price is $3,250,000, with a price per square foot of $93.78. The property's APN is 764-300-002.

Property profile
Verified
Property type Refrigerated & Cold Storage
Year built 1970
Total area 34,655 SF
Lot 11.42 ac (497,455 SF)
APN 764-300-002
UPID US10-2490764
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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