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    92745 84Th Ave Thermal, CA 92274

    Sponsored
    For Sale
    $1,928,000

    48.2 Acres, 2,000 Date Trees

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 48.2-acre agricultural property, located at 92745 84th Ave, Thermal, CA 92274 (APN 737-280-002), presents a unique investment opportunity. The land is zoned under the Travertine Specific Plan and boasts approximately 2,000 Deglet Noor date trees, the majority of which are mature, ranging from 15 to 20 feet tall. The ranch benefits from irrigation provided by the Coachella Valley Water District, known for its low water rates, a significant advantage in this arid climate. The property's location within an Opportunity Zone offers potential tax advantages for qualified investors. This established date ranch is ready for immediate production and presents a compelling opportunity for agricultural investors seeking a productive and well-maintained operation in the fertile Coachella Valley. The property's size and established infrastructure make it an ideal investment for experienced agricultural operators or those seeking to diversify their portfolio. Detailed financial information and production records are available upon request. This is a rare opportunity to acquire a thriving date ranch in a prime location with significant growth potential. Serious inquiries only.

    Property Features for 92745 84Th Ave

    General Information

    Property type
    Farms
    Lot Size
    2,099,592 SF

    HighLights

    • 48.2‑acre agricultural property located at 92745 84th Ave, Thermal, CA 92274 (APN 737‑280‑002).
    • Zoned under the Travertine Specific Plan.
    • Approximately 2,000 mature Deglet Noor date trees (15‑20 ft tall).
    • Coachella Valley Water District irrigation with low water rates.
    • Located in an Opportunity Zone.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Thermal
    County
    Riverside
    State
    California
    Longitude
    -116.06126841613
    Latitude
    33.440856069387

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    FAQs

    What type of property is this?
    Farm - 48.2 Acres, 2,000 Date Trees
    Where is this farm located?
    The property is located at 92745 84Th Ave Thermal, CA.
    What is the asking price?
    The asking price for this property is $1,928,000.
    What are key features of this property?
    This property features: 48.2-acre agricultural property located at 92745 84th Ave, Thermal, CA 92274 (APN 737-280-002).; Zoned under the Travertine Specific Plan.; Approximately 2,000 mature Deglet Noor date trees (15-20 ft tall).
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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
    92745 84Th Ave Thermal, CA 92274
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