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    67Th Ave Thermal, CA 92274

    Sponsored
    For Sale
    $625,000

    9-Acre Organic Lemon Grove, Investment Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 9.11-acre agricultural property in Thermal, California, presents a rare investment opportunity. Located in the desirable Vista Santa Rosa area, this established organic lemon ranch boasts 910 Lisbon lemon trees, an oversized reservoir, and an underground irrigation system. The property is zoned A-1-10 (Light Ag, 10-acre minimum lot size) and benefits from its location near prestigious amenities, including the acclaimed Ladera Golf Club (named Best New Golf Course by Golf Digest), the Desert International Horse Park, and is just 7.5 miles from the Coachella Music Festivals. Its proximity to Expressway 86 ensures convenient access. Further enhancing its appeal, this property sits within an Opportunity Zone, offering potential tax incentives for qualified investors. The parcel's APN is 753-350-014. This turnkey operation is ideal for those seeking a profitable agricultural venture or a unique investment in a highly sought-after location. The property's address is 67th St & 67th Ave, Thermal, CA 92274, in Riverside County.

    Property Features for 0 67Th Ave

    General Information

    Property type
    Farms
    Lot Size
    396,832 SF

    HighLights

    • 9.11‑acre organic lemon ranch in Thermal, CA with 910 Lisbon lemon trees.
    • Features an oversized reservoir and underground irrigation system.
    • Zoned A‑1‑10 (Light Ag, 10‑acre minimum).
    • Located near Ladera Golf Club, Desert International Horse Park, and 7.5 miles from Coachella.
    • Convenient access to Expressway 86.
    • Situated in an Opportunity Zone.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Thermal
    County
    Riverside
    State
    California
    Longitude
    -116.19838518366
    Latitude
    33.569313064825

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    FAQs

    What type of property is this?
    Farm - 9-Acre Organic Lemon Grove, Investment Opportunity
    Where is this farm located?
    The property is located at 67Th Ave Thermal, CA.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: 9.11-acre organic lemon ranch in Thermal, CA with 910 Lisbon lemon trees.; Features an oversized reservoir and underground irrigation system.; Zoned A-1-10 (Light Ag, 10-acre minimum).
    Request Owner's contact information
    67Th 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.

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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.

    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
    67Th Ave Thermal, CA 92274
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