For Sale
$2,460,000

Hammond Rd. At Grant St Moreno Valley, CA 92554

102 Acres, Coachella Valley Farm, $2.46M

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 102.71-acre farm in Mecca, California, presents a compelling investment opportunity. Located in Riverside County, near the intersection of Hammond Rd. and Grant St. (zip code 9254), this property boasts fertile Class 2 and 3 soils, ideal for continued agricultural use. Currently leased to a vegetable grower at a strong rate through mid-2025, the land offers immediate income potential. The property's history includes extensive use as a citrus grove, demonstrating its suitability for various crops. Its location within the Coachella Valley provides access to reliable and affordable irrigation water from the Coachella Valley Water District. An approximately 1.4-acre on-site reservoir adds to the property's water security. The farm is situated near other vegetable, citrus, and table grape farms, benefiting from established agricultural infrastructure and community. The property is zoned A-2-20 and features an Ag Preserve contract, resulting in lower property taxes. The APN is 729-050-005. Further details are available in the Offering Memorandum. This is a rare opportunity to acquire a productive and well-located farmland asset in a thriving agricultural region. The asking price is $2,460,000.

Highlights

  • 102.71-acre farm in Mecca, CA with fertile Class 2 and 3 soils.
  • Located near Hammond Rd. and Grant St., Riverside County (zip code 92546).
  • Currently leased to a vegetable grower through mid-2025.
  • Benefits from Coachella Valley Water District irrigation and a 1.4-acre on-site reservoir.
  • A-2-20 zoning with an Ag Preserve contract, resulting in lower property taxes.

Property Details for 0 Hammond Rd. At Grant St

Property type
Land, Farms
Lot Size (sq. ft)
4,474,048 SF

Location Insight

City
Moreno Valley
County
Riverside
State
California
Latitude
33.92
Longitude
-117.16

FAQs

What type of property is this?
Land - 102 Acres, Coachella Valley Farm, $2.46M
Where is the land located?
The property is located at Hammond Rd. At Grant St Moreno Valley, CA.
What is the asking price?
The asking price for this property is $2,460,000.
What are key features of this property?
This property features: 102.71-acre farm in Mecca, CA with fertile Class 2 and 3 soils.; Located near Hammond Rd. and Grant St., Riverside County (zip code 92546).; Currently leased to a vegetable grower through mid-2025.
How can I contact the broker?
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0 Hammond Rd. At Grant St
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