Property summary
This exceptional 88.1-acre property in Desert Center, CA (APN 811-130-011), presents a unique turnkey investment opportunity. The property boasts a thriving fish farm and a substantial date orchard, generating a reported $870,000 in annual sales and a net income of $610,000, yielding a pro-forma cap rate of 13.56%. The fish farm comprises eight large in-ground ponds (approximately 2.5 acres each), equipped with a paddlewheel aeration system and currently stocked with 180,000 silver carp and catfish. All fish are included in the sale. The date orchard features over 1,000 trees on a flood irrigation system, with approximately 25 acres of undeveloped land available for expansion. The sale includes over $800,000 worth of farm equipment, encompassing trucks, tractors, bulldozers, excavators, backhoes, trailers, plows, and freezer containers. A full-time employee residing on the property is also part of the operation. The property is further enhanced by 320 solar panels with a Southern California Edison net metering agreement. Located conveniently halfway between Los Angeles and Phoenix, this property benefits from its proximity to the Athos solar farm and Chuckwalla Valley Raceway/Airport. Utilities include on-site electric, a septic system, and a well with a large storage tank. The property is zoned W-2-10, with an OS-RUR (Open Space - Rural) General Plan designation. The sale is cash only. Owner training is available. This is a rare opportunity to acquire a highly profitable, established agricultural and commercial operation in a rapidly developing area.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning