63rd Ave Thermal, CA 92274

Listing agency Desert Pacific Properties Inc s***@dppllc.com Show Phone

Listed by Susan Harvey · License #CA 00957590

Source Crexi

Added: Feb 16, 2024 Updated: Jul 6 at 8:14AM Checked: Jul 21 at 9:48AM

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Investment Insights

Based on property information with market context.

This offering consists of a portfolio of 7 ranches, either in whole or part, ranging from 39.12 AC to 835.97 AC. The property features approximately 2,256 organic date trees. It is located just 1.5 miles from The Thermal Club, a luxury motorsports track, and two miles from Jacqueline Cochran Regional Airport, with easy access to Expressway 86. Situated in an Opportunity Zone, the property may qualify for potential tax incentives. Abundant and affordable irrigation water is available from the Coachella Valley Water District (CVWD).

Key Highlights

• Abundant and affordable Coachella Valley Water District (CVWD) irrigation water, one of the lowest water rates in California
• Opportunity Zone location, providing potential tax incentives
• Portfolio of 7 Ranches (39.12 AC - 835.97 AC) - Chuchian Ranch All or Part

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FAQs

What type of property is this?

Agricultural land / Farmland - Portfolio of ranches with organic date trees for sale.

Where is this agricultural land / farmland located?

The property is located at 63rd Ave Thermal, CA.

What is the asking price?

The asking price for this property is $1,288,200.

What are key features of this property?

This property features: Abundant and affordable Coachella Valley Water District (CVWD) irrigation water, one of the lowest water rates in California; Opportunity Zone location, providing potential tax incentives; Portfolio of 7 Ranches (39.12 AC - 835.97 AC) - Chuchian Ranch All or Part