0 60Th Ave Thermal, CA 92274
Exceptional 160.47-acre agricultural investment opportunity in Thermal, CA (APN 717-250-023). Located near Lincoln St & 60th Ave, this property boasts a mature lemon grove (approx. 150 trees/acre with fan-jet microsprinkler irrigation) on the south half, exhibiting a strong production history. The north portion, currently leased for vegetable production at $1,100/acre (lease expiring June 30, 2026), offers flexibility for re-tenanting, owner-farming, or development into permanent plantings. Benefiting from ample, affordable irrigation water via the Coachella Valley Water District, this high-elevation Mecca Slope location offers a warm microclimate and proximity to the Coachella Canal. Situated within a Qualified Opportunity Zone and the City of Coachella's Sphere of Influence, this A-1-20 zoned land presents significant potential for continued agricultural use or future development. Detailed yield information is available upon request. Asking price: $4,051,868.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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