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    Hammond Rd. At Grant St Moreno Valley, CA 92554

    • Land
    • 102.71 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Hammond Rd. At Grant St

    Lot size
    102.71 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 102.71-acre farm in Mecca, California, presents a compelling investment opportunity. Located in Riverside County, near the intersection of Hammond Rd. and Grant St. (zip code 9254), this property boasts fertile Class 2 and 3 soils, ideal for continued agricultural use. Currently leased to a vegetable grower at a strong rate through mid-2025, the land offers immediate income potential. The property's history includes extensive use as a citrus grove, demonstrating its suitability for various crops. Its location within the Coachella Valley provides access to reliable and affordable irrigation water from the Coachella Valley Water District. An approximately 1.4-acre on-site reservoir adds to the property's water security. The farm is situated near other vegetable, citrus, and table grape farms, benefiting from established agricultural infrastructure and community. The property is zoned A-2-20 and features an Ag Preserve contract, resulting in lower property taxes. The APN is 729-050-005. Further details are available in the Offering Memorandum. This is a rare opportunity to acquire a productive and well-located farmland asset in a thriving agricultural region. The asking price is $2,460,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Moreno Valley
    County
    Riverside
    State
    California
    Longitude
    -117.16
    Latitude
    33.92
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    Hammond Rd. At Grant St
    Moreno Valley, CA 92554
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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
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