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87200 Airport Blvd - 22 Acres Includes Post Office Lease

22.63 Acres of Commercial Land Offered at $2,957,288 in Thermal, CA 92274

Investment Highlights

  • Utilities to the Site
  • Prime Intersection at Hwy 111 and Airport Blvd. New interchange at Airport Blvd & Expressway 86
  • Close to entrance of Jacqueline Cochran Regional Airport
  • Approx. 13,800 cars/day on Hwy 111. New overpass at Airport Blvd & Highway 111
  • Close to the acclaimed Desert International Horse Park
  • Three miles to The Thermal Club, a private high end race track

Executive Summary

Includes post office lease. Lease expires 06/30/27.

Property Facts

Price $2,957,288
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
Total Lot Size 22.63 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $2,957,288
Price Per AC $130,680
Lot Size 22.63 AC

Commercial & Industrial Zoning

Description

This property has 932 ft. of Hwy 111 frontage with excellent marketing visibility. There is tremendous retail opportunity being the only corner available at a major intersection. This is the primary access from Expwy 86 and Hwy 111 to Jacqueline Cochran Regional Airport and world renowned resorts in La Quinta.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 763-350-023
  • 763-350-024
Land Assessment
$885,996
Improvements Assessment
$180,355
Total Assessment
$1,066,351

zoning

Zoning Code C1-CP & MSC (C1-CP = General Commercial M-SC = Manufacturing Service Commercial)
C1-CP & MSC (C1-CP = General Commercial M-SC = Manufacturing Service Commercial)
  • Listing ID: 32481533

  • Date on Market: 7/16/2024

  • Last Updated:

  • Address: 87200 Airport Blvd, Thermal, CA 92274

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