0 Van Der Veer @ 68 Rodeo, CA 94572
This expansive 430.85-acre agricultural property in Riverside County, California, presents a unique investment opportunity. Located near North Shore Salton Sea, the land boasts ample water resources, with an estimated 800 gallons per minute and a field-tested total dissolved solids (TDS) of 667. The property's strategic location within an Opportunity Zone unlocks diverse development possibilities, including residential uses. Existing and planned transmission lines, along with a nearby substation, provide significant renewable energy potential. The property includes fourteen parcels, with APNs 721-280-001 and 723-200-001 among them. The asking price is $8,500,000. This exceptional site is ideal for hemp cultivation and offers substantial long-term growth potential. The address is Van Der Veer @ 68th, Rodeo, CA 94572.
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
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.