679 Acres Prime
Pierce St & Ave 74 Thermal, CA 92274
For Sale
Contact for pricing
679 acres of farmland with development potential in Thermal, CA.
Lot Size679.00 Acres
Days on Market1374
Property Features for Pierce St & Ave 74
General Information
- Standard status
- Active
- Lot size
- 679.00 Acres
- Property subtype
- Land
Listing Agency:
Desert Pacific Properties Inc
(760) 360-8200
Listed By:
Susan Harvey · License #CA 00957590
Source:
Crexi
Added: Oct 19, 2022
Changed: Jul 6
Last Checked: Jul 19 at 7:03AM
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 Desert Pacific Properties Inc
Investment Insights
Based on property information with market context.
This offering consists of 679 contiguous acres with approximately a half mile of frontage on Expressway 86. The property is located in Thermal, CA, and is considered prime farmland suitable for date trees and other crops. The area's climate allows for first-to-market crop production. Water is supplied by the Coachella Valley Water District. The property benefits from its location in an Opportunity Zone, which provides tax incentives, and low property taxes due to the Williamson Act. The General Plan designates the land for various uses, including Business Park, Medium Density Residential, and Commercial development. The property is located 40 miles from Palm Springs and 75 miles from the Mexicali Trade Area, an export hub for aerospace, medical devices, automotive, telecommunication, and electronics.
Key Highlights
- Prime farmground and date trees in path of growth with General Plan calling for Business Park, Medium Density Residential, and Commercial.
- Abundant, low‑cost water supply (Coachella Valley Water District).
- In Opportunity Zone providing tax incentives.
Property Analytics
Location Intelligence
Current Use by Public Records
Agricultural land / Farmland
FAQs
What type of property is this?
Agricultural land / Farmland - 679 acres of farmland with development potential in Thermal, CA.
Where is this agricultural land / farmland located?
The property is located at Pierce St & Ave 74 Thermal, CA.
What is the asking price?
The asking price for this property is $16,978,250.
What are key features of this property?
This property features: Prime farmground and date trees in path of growth with General Plan calling for Business Park, Medium Density Residential, and Commercial.; Abundant, low‑cost water supply (Coachella Valley Water District).; In Opportunity Zone providing tax incentives.
