54050 Harrison StThermal, CA 92274

  • Industrial properties
  • 352 SF
For Sale
$1,650,000 View listing

Property Details for 54050 Harrison St

Year built
1958
Construction
WOOD
Lot size
11.98 AC
Property size (Sq ft)
352 SF
Zone code
M1
Property type
Industrial properties
Property subtype
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.

54050 Harrison St, Thermal, California

Location Insight

City
Thermal
County
Riverside
State
California
Latitude
33.6548
Longitude
-116.181
CBSA code
40140
CBSA name
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$10,903
$440,803
$258,289
$699,092
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-
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