For Sale
$26,393,250

74 Pierce St & AveThermal, CA 92274

1,055 Acres, Expressway 86 frontage

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 1,055.73-acre agricultural property in Thermal, California, boasts a prime location with half a mile of frontage on Expressway 86. Currently utilized as farmland and a date ranch, this land benefits from an ideal climate for first-to-market crops and an abundant, low-cost water supply provided by the Coachella Valley Water District. The property is situated within an Opportunity Zone, offering significant tax incentives for investors. Low property taxes are ensured through the Williamson Act. The Riverside County General Plan designates potential future uses including a Business Park, Medium Density Residential, and Commercial development, presenting diverse investment opportunities. The property's APN is 749-260-004, 005, 749-270-004, 005, 755-142-005, 006, 014 and is zoned A-1-10 (Light Ag, 10-acre minimum lot size). Located just 40 miles from Palm Springs and 75 miles from the Mexicali Trade Area – a burgeoning export hub for various industries – this property offers unparalleled potential for growth and return. The address is Pierce St & Ave 74, Thermal, CA 92274.

Property Details for 74 Pierce St & Ave

Property type
Land, Farms
Lot Size (sq. ft)
45,987,599 SF

Location Insight

City
Thermal
County
Riverside
State
California
Latitude
33.510754165572
Longitude
-116.11276068301
74 Pierce St & Ave, Thermal, California

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74 Pierce St & Ave
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