For Sale
$3,678,000

54600 Monroe St Thermal, CA 92274

18.93 Acres, $3.6M Asking

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 18.93-acre agricultural property in Thermal, California, presents a unique investment opportunity. Located at 54600 Monroe St, 92274, this land boasts an A-1-20 zoning designation, requiring a minimum 20-acre parcel size. Currently utilized for alfalfa farming, the property benefits from readily available utilities including water, sewer, and electricity along Monroe Street, with canal water also accessible. The parcel is situated just south of 54th Avenue, east of Monroe Street, within the sphere of influence of La Quinta, in Vista Santa Rosa. Its proximity to notable developments like The Madison Club, PGA West, Griffin Ranch, The Hideaway Country Club, and Silver Rock Resort, along with local attractions such as music festivals, adds significant value. The property is conveniently located north of a new residential construction project. The land is offered at $200,000 per acre, with a total asking price of $3,678,000. The Assessor's Parcel Number (APN) is 780-290-006, and the ownership is fee simple. This is a rare opportunity to acquire a substantial parcel of agricultural land in a rapidly developing area. The property is not located within an Agricultural Preserve.

Highlights

  • 18.93-acre agricultural property in Thermal, CA, zoned A-1-20 (minimum 20-acre parcels).
  • Currently used for alfalfa farming with readily available utilities (water, sewer, electricity).
  • Located near La Quinta, south of 54th Avenue, east of Monroe Street, in Vista Santa Rosa.
  • Close proximity to upscale developments (Madison Club, PGA West, etc.) and local attractions.
  • Offered at $200,000 per acre ($3,678,000 total); APN 780-290-006; Fee Simple ownership.

Property Details for 54600 Monroe St

Property type
Land, Farms
Lot Size (sq. ft)
824,591 SF

Location Insight

City
Thermal
County
Riverside
State
California
Latitude
33.6528224
Longitude
-116.2333622

FAQs

What type of property is this?
Land - 18.93 Acres, $3.6M Asking
Where is the land located?
The property is located at 54600 Monroe St Thermal, CA.
What is the asking price?
The asking price for this property is $3,678,000.
What are key features of this property?
This property features: 18.93-acre agricultural property in Thermal, CA, zoned A-1-20 (minimum 20-acre parcels).; Currently used for alfalfa farming with readily available utilities (water, sewer, electricity).; Located near La Quinta, south of 54th Avenue, east of Monroe Street, in Vista Santa Rosa.
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54600 Monroe St
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