For Sale
$8,500,000

Van Der Veer @ 68 Rodeo, CA 94572

Agricultural Land, Abundant Water, Opportunity Zone

Overview

Added:
Dec 11, 2024
Days on market:
136
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.

Highlights

  • Located in an Opportunity Zone.
  • Potential hemp farmland.
  • Abundant water resources: approx. 800 gpm, 667 TDS.
  • Renewable energy potential; on-site transmission lines, new lines planned, and nearby substation.
  • Opportunity Zone designation allows for diverse development, including residential.
  • 14 parcels; APNs include 721-280-001 and 723-200-001.

Property Details for 0 Van Der Veer @ 68

Property type
Land, Farms
Lot Size (sq. ft)
18,767,826 SF

Location Insight

City
Rodeo
County
Riverside
State
California
Latitude
38.02923
Longitude
-122.2483726

FAQs

What type of property is this?
Land - Agricultural Land, Abundant Water, Opportunity Zone
Where is the land located?
The property is located at Van Der Veer @ 68 Rodeo, CA.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: Located in an Opportunity Zone.; Potential hemp farmland.; Abundant water resources: approx. 800 gpm, 667 TDS.
How can I contact the broker?
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0 Van Der Veer @ 68
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