Pierce St Thermal, CA 92274

Property Details for 0 Pierce St

Lot size

75.19 lot acres

Property type

Land

Property subtype

Farms

Description

This exceptional 75.19-acre agricultural property, located in Thermal, California (Riverside County, zip code 92274), presents a unique investment opportunity. The land is zoned A-1-10 (Light Ag, 10-acre minimum lot size), making it suitable for a variety of agricultural uses. The soil is known for its excellent quality, supporting diverse crops and contributing to high yields. The property benefits from the ideal climate of the Coachella Valley, allowing for the production of first-to-market crops. Water costs are significantly reduced through access to the affordable Coachella Valley Water District (CVWD) irrigation water, boasting some of the lowest rates in the state of California. Adding to its appeal, this property is situated within an Opportunity Zone, providing attractive tax incentives for qualified investors. Convenient access to Expressway 86 ensures efficient transportation of goods and services. The property consists of three parcels with APNs: 749-070-005, 749-080-010, and 749-080-011. The asking price for this prime farmland is $1,353,420. This represents a compelling investment in a thriving agricultural region with significant potential for growth and profitability. The address is listed as Pierce St, Thermal, CA.