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    76Th Ave Thermal, CA 92274

    For Sale
    $1,866,750

    74-Acre Organic Date Ranch in Thermal, CA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 74.67-acre organic date ranch in Thermal, California, presents a unique investment opportunity. The property boasts approximately 3,927 Medjool, Deglet Noor, Zahidi, and exotic date trees, thriving under the California sun. Conveniently located near Expressway 86, it offers easy access and is less than 10 miles from Jacqueline Cochran Regional Airport. Its strategic position near Kohl Ranch, a substantial master-planned community, and proximity to major music festivals (Coachella Valley & Stagecoach, within 15 miles) adds significant value. The ranch is situated within the Coachella Valley Water District (CVWD), benefiting from some of the state's lowest water rates. The property's APN is 737-020-025, 026, 027, 028, 029, 030, 031, and is zoned W-2 (Controlled Development). This turnkey operation offers substantial potential for growth and income generation within a thriving agricultural region. Detailed information, including a brochure and offering memorandum, is available. This is a rare opportunity to acquire a well-established and productive date farm in a prime location.

    Property Features for 0 76Th Ave

    General Information

    Property type
    Farms
    Lot Size
    3,252,625 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Thermal
    County
    Riverside
    State
    California
    Longitude
    -116.09164551027
    Latitude
    33.500220703154

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    FAQs

    What type of property is this?
    Farm - 74-Acre Organic Date Ranch in Thermal, CA
    Where is this farm located?
    The property is located at 76Th Ave Thermal, CA.
    What is the asking price?
    The asking price for this property is $1,866,750.
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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.

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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
    76Th Ave Thermal, CA 92274
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