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    58 Pierce St/Ave Thermal, CA 92274

    Sponsored
    For Sale
    $820,000

    Organic Date Farm, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 20.5-acre agricultural property in Thermal, California, presents a unique investment opportunity. Located in Riverside County, this A-2-20 zoned land (Heavy Ag, 20-acre minimum lot size) boasts approximately 1,095 organic Deglet Noor date trees. The property features convenient access to Expressway 86 and Highway 111, placing it just two miles from Jacqueline Cochran Regional Airport and 2.5 miles from The Thermal Club, a prestigious private motorsports club. Benefit from the property's location within an Opportunity Zone, potentially unlocking significant tax advantages. Water costs are minimized with abundant and affordable Coachella Valley Water District (CVWD) irrigation water, among the lowest rates in California. The property's APN is 757-220-006. This offering represents a piece of a larger 8-ranch portfolio totaling approximately 856.47 acres, presenting potential for expansion or strategic partnership. The address is Pierce St/Ave 58, Thermal, CA 92274. Detailed information and financial documents are available upon request.

    Property Features for 58 Pierce St/Ave

    General Information

    Property type
    Farms
    Lot Size
    892,980 SF

    HighLights

    • $820,000 asking price for 20.5 acres of agricultural land.
    • Located in Thermal, CA, Riverside County, with APN 757‑220‑006.
    • Zoned A‑2‑20 (Heavy Ag, 20‑acre minimum lot size).
    • Features approximately 1,095 organic Deglet Noor date trees.
    • Convenient access to Expressway 86 and Highway 111, near Jacqueline Cochran Regional Airport and The Thermal Club.
    • Situated in an Opportunity Zone, offering potential tax advantages.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Thermal
    County
    Riverside
    State
    California
    Longitude
    -116.11161702316
    Latitude
    33.627549150222

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    FAQs

    What type of property is this?
    Farm - Organic Date Farm, Prime Location
    Where is this farm located?
    The property is located at 58 Pierce St/Ave Thermal, CA.
    What is the asking price?
    The asking price for this property is $820,000.
    What are key features of this property?
    This property features: $820,000 asking price for 20.5 acres of agricultural land.; Located in Thermal, CA, Riverside County, with APN 757-220-006.; Zoned A-2-20 (Heavy Ag, 20-acre minimum lot size).
    Request Owner's contact information
    58 Pierce St/Ave Thermal, CA 92274
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    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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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.

    Relative

    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
    58 Pierce St/Ave Thermal, CA 92274
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