89800 Ave Thermal, CA 92274
This exceptional 56.15-acre agricultural property in Thermal, California, presents a unique investment opportunity. Located at 89800 Avenue 58, Riverside County, CA 92274 (APN 757-190-(007, 009)), the land is currently enrolled in the Coachella Valley Water District's (CVWD) fallowing program through 2026, offering potential income exceeding $1,000 per acre annually. Previously used for lemon cultivation, the cleared land is now ready for high-value vegetable crops or permanent plantings. The property benefits from a reliable water supply via the CVWD water and reservoir system, complete with a filter station. Significant property tax savings are realized through an existing Agricultural Preserve Contract. This expansive parcel offers a compelling combination of agricultural potential and substantial passive income generation, making it an attractive proposition for both experienced farmers and astute investors seeking a stable, income-producing asset in a prime agricultural location. The property's latitude and longitude coordinates are 33.628724, -116.099014 respectively.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.