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0 Expwy 86 & Ave 84 — Thermal | Belmont Brokerage | Belmont Brokerage

Active

+1 more

$3,500,000

335 DOM

— bd— ba— sqft

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0 Expwy 86 & Ave 84 Thermal, CA 92274

71.01acre lot

71 acres in warm Oasis area on two parcels. Structured greenhouses with adaptable irrigation system and fertigation system. Includes reverse osmosis station. Low cost abundant Coachella Valley Water District (CVWD) irrigation water, well, and reservoir with pump. Approximately 860 ft of frontage on Expressway 86. In Federal Opportunity Zone, with potential for tax benefits. Partially in Agricultural Preserve, which maintains low property taxes.

MLS 219130021DA

(760) 360-8200 (Office) (760) 360-8200 (Cell) susan@dppllc.com

Est. payment

$22,365/mo

Principal & interestTaxesInsurance

$17,698$3,646$1,021

Down %

Rate %

Years

Down payment: $700,000 · Total cost: $7,071,246

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$22,365/mo

Principal & interest: $17,698
Est. property tax: $3,646
Est. insurance: $1,021
Down payment: $700,000

Est. gross rent$14,583/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-7,782/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	May 13, 2025	$4,500,000	—

Facts & Features

Transaction Data

▼Price Reduced from $4,500,000 (−$1,000,000)

(760) 360-8200 (Office) (760) 360-8200 (Cell) susan@dppllc.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

0 Expwy 86 & Ave 84, Thermal, CA 92274

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Call

0 Expwy 86 & Ave 84 Thermal, CA 92274

About this home

Susan Harvey

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Susan Harvey

Sale & Tax History

No Recent Sales History

Location

0 Expwy 86 & Ave 84, Thermal, CA 92274

About This Property

Property Photos

Location

Listing Agent

Presented by Belmont Brokerage Inc.

0 Expwy 86 & Ave 84 Thermal, CA 92274

About this home

Susan Harvey

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Susan Harvey

Sale & Tax History

No Recent Sales History

Location