Thermal CA Agricultural Investment
83743 58th Avenue Thermal, CA 92274
83743 58th Avenue, Thermal, CA, 92274
$1,600,000
For Sale
$1,600,000
20-acre agricultural land near Coachella Valley Music and Arts Festival.
Property Size862,488 SF
Lot Size19.80 Acres
Price / SF$1.86
Days on Market163
Property Features for 83743 58th Avenue
General Information
- Standard status
- Active
- Size
- 862,488 SF
- Lot size
- 19.80 Acres
- Property subtype
- Land Lot
Listing Agency
Compass
(323) 804-3400
Listed by
Stephen Apelian · License #01885055
(323) 804-3400
Source
Compass
Added: Feb 4 Checked: Jul 17 at 5:05 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
Investment Insights
Based on property information with market context.
This property presents a rare agricultural and investment opportunity located in Thermal, California. The cleared and well-maintained property spans almost 20 acres and has been utilized as an event venue for events such as Coachella and Stagecoach. A new private well supports the property, which also receives Coachella Valley Water. Situated within a designated Opportunity Zone, the property is suited for investors seeking tax advantages and potential interim income. The location is near the Coachella Valley Music and Arts Festival, the Empire Polo Club, and communities such as The Madison Club. High-profile estates and venues including Zenyara, Cavallo Ranch, and the Desert International Horse Park are also nearby, along with access to Jacqueline Cochran Regional Airport. The property's location, investment potential, water resources, and zoning make it suitable for farming, investment, or future development. It is suited for operators, investors, or those seeking a strategic landholding near the Coachella Valley's destinations. An adjoining 30 acres is also available, and the seller prefers to sell both properties together. The property size is 862488 square feet.
Key Highlights
- Almost 20‑acre cleared and well‑maintained property with a new private well and Coachella Valley Water access.
- Located in a designated Opportunity Zone, offering significant tax advantages for investors.
- Proven income potential as an event venue for Coachella and Stagecoach.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Agricultural land / Farmland
Similar For Sale Nearby
FAQs
What type of property is this?
Agricultural land / Farmland - 20-acre agricultural land near Coachella Valley Music and Arts Festival.
Where is this agricultural land / farmland located?
The property is located at 83743 58th Avenue Thermal, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Almost 20‑acre cleared and well‑maintained property with a new private well and Coachella Valley Water access.; Located in a designated Opportunity Zone, offering significant tax advantages for investors.; Proven income potential as an event venue for Coachella and Stagecoach.
