For Sale
$4,983,264

87923 Airport BlvdThermal, CA 92274

11.44-acre commercial lot, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 11.44-acre commercial land parcel presents a unique investment opportunity in Thermal, California. Strategically located at the southeast corner of Expressway 86 and Airport Boulevard, this property boasts unparalleled access and visibility. The site is situated directly at the Expressway 86 off-ramp, providing convenient access for businesses and customers. Its proximity to Interstate 10 further enhances its strategic importance, making it a key location for regional and national commerce. Expressway 86 serves as a vital trade corridor connecting to Mexico, offering significant potential for businesses involved in cross-border activities. The property is also conveniently located near Jacqueline Cochran International Airport, Thermal Motorsports Racetrack (home to the $1 million Indy Car Challenge), and the Desert International Horse Park, one of North America's largest equestrian facilities hosting world-class competitions. This high-traffic area sees approximately 46,900 cars daily. The property is zoned R-A-20 (Residential Agricultural), offering flexibility for development. Located within the sphere of influence of Coachella, one of Riverside County's fastest-growing cities, this land benefits from a dynamic and expanding market. Furthermore, its location within an Opportunity Zone provides potential tax incentives for investors. The asking price is $4,983,264, with a land value of $10 per square foot. The APN is 757-070-052. This is a rare chance to acquire a significant commercial land holding in a rapidly developing area with exceptional access and visibility.

Highlights

  • 11.44-acre commercial land parcel in Thermal, CA, at Expressway 86 & Airport Blvd.
  • High-traffic location (approx. 46,900 cars daily) with excellent visibility and access to I-10 and Expressway 86, a key trade corridor to Mexico.
  • Proximity to Jacqueline Cochran International Airport, Thermal Motorsports Racetrack, and Desert International Horse Park.
  • R-A-20 zoning; $4,983,264 asking price, $10/sq ft land value; APN 757-070-052.
  • Located in an Opportunity Zone, offering potential tax incentives.

Property Details for 87923 Airport Blvd

Property type
Land
Lot Size (sq. ft)
498,326 SF

Location Insight

City
Thermal
County
Riverside
State
California
Latitude
33.640475565508
Longitude
-116.12921369822
87923 Airport Blvd, Thermal, California

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87923 Airport Blvd
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