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2060 Jefferson Avenue
About This Property
Excellent opportunity to acquire approximately 1.96 acres (85,378 SF) of vacant land located at 2060 Jefferson Ave, Thermal, CA in Imperial County. This flat, usable parcel is positioned in the growing Salton City area and offers strong potential for future development.
Strategically located near established businesses including a gas station, Jack in the Box, Family Dollar, and Dollar General, the property benefits from nearby traffic and commercial activity-making it ideal for investors, developers, or owner-users looking to capitalize on future growth.
The surrounding area continues to see ongoing development and revitalization, creating long-term upside potential. With comparable land sales in the area ranging widely and continued demand for affordable land, this parcel presents a compelling entry point for investment.
Property Details:
Address: 2060 Jefferson Ave, Thermal, CA 92274
Parcel Number (APN): 014-176-003-000
Lot Size: ±1.96 Acres (85,378 SF)
Property Type: Vacant Land
County: Imperial
This is a prime opportunity to secure land in an emerging market with proximity to established retail and future growth corridors.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 24, 2026 | Price Decreased |
$190,000
↓ $10K
(5%) | |
| Price Decreased | |||
| Apr 16, 2026 | Listed by Rise Realty | $199,999 | |
| Listed by Rise Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017