89800 Ave Thermal, CA 92274
- Land
- 56.15 lot acres
Current Use by Public Records
- Land
Property Details for 89800 Ave
- Lot size
- 56.15 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Thermal
- County
- Riverside
- State
- California
- Longitude
- -116.099
- Latitude
- 33.6287
