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    64 Pierce St & Ave Thermal, CA 92274

    Sponsored
    For Sale
    $1,699,600

    48-Acre Organic Date Farm in CA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 48.56-acre organic date ranch in Thermal, California, presents a unique investment opportunity. Boasting approximately 1,910 mature organic date trees, the property is zoned A-1-10 (Light Ag, 10-acre minimum lot size) and benefits from abundant and affordable Coachella Valley Water District (CVWD) irrigation water—one of the lowest rates in the state. Its strategic location offers convenient access to Expressway 86, is just 1.5 miles from The Thermal Club, an exclusive luxury motorsports track, and two miles from Jacqueline Cochran Regional Airport. The property's location within an Opportunity Zone provides potential tax incentives for investors. This offering includes APN 749-040-010, 011 and is part of a larger portfolio of eight ranches totaling approximately 856.47 acres. The property's address is Pierce St & Ave 64, Thermal, CA 92274. Detailed information and marketing materials are available. This is a remarkable chance to acquire a thriving, established date farm in a prime location with significant growth potential.

    Property Features for 64 Pierce St & Ave

    General Information

    Property type
    Farms
    Lot Size
    2,115,274 SF

    HighLights

    • $1,699,600 asking price for 48.56 acres of agricultural land.
    • Located in Thermal, CA, Riverside County, with APN 749‑040‑010, 011.
    • Zoned A‑1‑10 (Light Ag, 10‑acre minimum lot size).
    • Features approximately 1,910 organic date trees.
    • Situated 1.5 miles from The Thermal Club and two miles from Jacqueline Cochran Regional Airport.
    • Convenient access to Expressway 86.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Thermal
    County
    Riverside
    State
    California
    Longitude
    -116.11247359639
    Latitude
    33.584011096321

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    FAQs

    What type of property is this?
    Farm - 48-Acre Organic Date Farm in CA
    Where is this farm located?
    The property is located at 64 Pierce St & Ave Thermal, CA.
    What is the asking price?
    The asking price for this property is $1,699,600.
    What are key features of this property?
    This property features: $1,699,600 asking price for 48.56 acres of agricultural land.; Located in Thermal, CA, Riverside County, with APN 749-040-010, 011.; Zoned A-1-10 (Light Ag, 10-acre minimum lot size).
    Request Owner's contact information
    64 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
    64 Pierce St & Ave Thermal, CA 92274
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