For Sale
$8,000,000

0 Nec Monroe St & Airport BlvdThermal, CA 92274

Prime La Quinta land, residential/commercial potential.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 38.7-acre parcel presents a unique development opportunity in the highly desirable La Quinta, California area. Located at the Northeast corner of Monroe Street and Airport Boulevard (APN 780-310-012), this property is zoned A-1-20, allowing for light agriculture with a minimum lot size of 20 acres. Its strategic location offers breathtaking views of the Santa Rosa Mountains and places it in close proximity to world-renowned golf courses like PGA West and The Palms Golf Club. The property's versatility allows for either residential or commercial development, capitalizing on the area's strong demand. Further enhancing its appeal, the property is situated near Gateway Village, a recently approved neighborhood community center featuring 70 cottages, 172 apartments, a gas station, and a convenience store, located just south of the site. This development significantly increases the area's residential density and provides a strong foundation for future growth. The asking price for this expansive land parcel is $8,000,000. This presents a rare chance to acquire a substantial land holding in a prime location with significant upside potential. The property's proximity to exclusive country clubs and equestrian estates further underscores its desirability and potential for high-value development. Serious inquiries are encouraged.

Property Details for 0 Nec Monroe St & Airport Blvd

Property type
Land, Farms
Lot Size (sq. ft)
1,685,772 SF

Location Insight

City
Thermal
County
Riverside
State
California
Latitude
33.64208
Longitude
-116.2333801
Nec Monroe St & Airport Blvd, Thermal, California

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0 Nec Monroe St & Airport Blvd
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