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    81St Ave Thermal, CA 92274

    For Sale
    $1,369,200

    39-Acre Organic Date Farm in Oasis, CA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 39.12-acre organic date ranch, located in the desirable Oasis community of Thermal, California, presents a unique investment opportunity. The property boasts approximately 2,548 date palm trees, including Deglet Noor, Zahidi, and exotic varieties. Situated in Riverside County (APN: 737-140-014, 015), this land is zoned W-2 (Controlled Development) and benefits from abundant and affordable Coachella Valley Water District (CVWD) irrigation water—one of the lowest rates in California. The Coachella Valley's early harvest season provides a significant advantage. This property is conveniently located near Expressway 86, offering easy access to transportation networks. Furthermore, its location within an Opportunity Zone presents potential tax incentives for qualified investors. The fertile soil and warm climate of Oasis contribute to high yields. This offering includes the option to purchase all or part of a larger portfolio of eight ranches, totaling 856.47 acres. Detailed information and financial documents are available upon request.

    Property Features for 0 81St Ave

    General Information

    Property type
    Farms
    Lot Size
    1,704,067 SF

    HighLights

    • $1,369,200 asking price.
    • 39.12‑acre agricultural land parcel.
    • Located in Thermal, Riverside County, CA, with APN 737‑140‑014, 015.
    • Zoned W‑2 (Controlled Development).
    • Organic date ranch with approximately 2,548 date trees.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Thermal
    County
    Riverside
    State
    California
    Longitude
    -116.095187
    Latitude
    33.4625477

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    FAQs

    What type of property is this?
    Farm - 39-Acre Organic Date Farm in Oasis, CA
    Where is this farm located?
    The property is located at 81St Ave Thermal, CA.
    What is the asking price?
    The asking price for this property is $1,369,200.
    What are key features of this property?
    This property features: $1,369,200 asking price.; 39.12-acre agricultural land parcel.; Located in Thermal, Riverside County, CA, with APN 737-140-014, 015.
    Request Owner's contact information
    81St Ave Thermal, CA 92274
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

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    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    81St Ave Thermal, CA 92274
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