Current Use by Public Records
- Land
Property Details for 58 Pierce St/Ave
- Lot size
- 20.50 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 20.5-acre agricultural property in Thermal, California, presents a unique investment opportunity. Located in Riverside County, this A-2-20 zoned land (Heavy Ag, 20-acre minimum lot size) boasts approximately 1,095 organic Deglet Noor date trees. The property features convenient access to Expressway 86 and Highway 111, placing it just two miles from Jacqueline Cochran Regional Airport and 2.5 miles from The Thermal Club, a prestigious private motorsports club. Benefit from the property's location within an Opportunity Zone, potentially unlocking significant tax advantages. Water costs are minimized with abundant and affordable Coachella Valley Water District (CVWD) irrigation water, among the lowest rates in California. The property's APN is 757-220-006. This offering represents a piece of a larger 8-ranch portfolio totaling approximately 856.47 acres, presenting potential for expansion or strategic partnership. The address is Pierce St/Ave 58, Thermal, CA 92274. Detailed information and financial documents are available upon request.
Value Estimations
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AI approach
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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
- 33.6275
