63Rd Ave Thermal, CA 92274
- Land
- 42.94 lot acres
Current Use by Public Records
- Land
Property Details for 0 63Rd Ave
- Lot size
- 42.94 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 42.94-acre agricultural property in Thermal, California, presents a unique investment opportunity. Zoned A-1-10 (Light Ag, 10-acre minimum lot size), the land boasts approximately 2,256 organic date trees. Conveniently located just 1.5 miles from The Thermal Club, an exclusive motorsports track, and two miles from Jacqueline Cochran Regional Airport, this ranch offers easy access to Expressway 86. The property benefits from abundant and affordable Coachella Valley Water District (CVWD) irrigation water, boasting some of the lowest water rates in California. Situated within an Opportunity Zone, this investment offers potential tax incentives. The property's APN is 749-030-041, 749-030-017. This offering includes the entire 42.94-acre parcel, though the seller may consider selling a portion of the property. Detailed information, including a brochure and offering memorandum, is available. The asking price for this remarkable property is $1,502,900. This is a rare chance to acquire a thriving date ranch in a prime location with significant potential for growth and return.
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
- -116.112
- Latitude
- 33.5912
