120 AC Lemons and Farmground, Coachella

in the path or growth

coachella valley real estate

Features

  • Early/Warm farmground in the path of growth
  • 30 acres lemons & 90 acres vegetable ground
  • 3,000 Corona Foothill lemons with 18’ x 22’ spacing planted in 2017. 2019 production was 4,170 field boxes
  • Affordable Coachella Valley Water District irrigation water, one of the lowest priced water rates in the state.
  • Adjacent to Vista Del Agua, a 275 acre approved Specific Plan calling for 1,460 residential units and 25 acres of commercial and open space.
  • In the Opportunity Zone with potential for tremendous tax benefits

Asking Price: $4,200,000 ($35,000/AC)

COACHELLA VALLEY

VICINITY MAP​

AERIAL AND SITE PLANS

SITE AMENITIES​

  • APN: 603-340-001, 002, 003, 004, and a portion of APN 005. Owner will complete a lot line adjust ment to create the parcels.
  • Location: The property is located at the south-east corner of Polk Street & Avenue 48 in Coachella, CA
  • Parcel Size: Approximately 120 acres (Subject to lot line adjustment)
  • Zoning: CG (General Commercial)
  • General Plan: CE (Entertainment Commercial)
  • Utilities: Water: 12” line on Tyler/Ave. 50
                    Sewer: 36” sewer line on Ave. 50 and Polk St.
  • Irrigation Water: Yes; Meter #1886
  • Tiled: Yes
  • Unique opportunity to acquire 120 acres of prime warm farmground in the city of Coachella, in the Path of Growth and in the Opportunity Zone.
  • Current Use: Vegetable ground leased until 12/31/21

SOIL MAPS

082219 DM

DISCLAIMER: The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warrant or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions assumptions or estimates used are for example only, and do not represent the current or future performance of the property.

palm desert commercial real estate

Paula Turner, Broker
paula@dppllc.com
Mobile 760-578-6564
Office 760-360-8200
DRE #00702492

Contact our Team for more details

coachella valley real estate

Ranked #1 in the Coachella Valley
for Commercial Real Estate

commercial realtor

Susan Harvey, Owner
susan@dppllc.com
Mobile 760-250-8992
Office 760-360-8200
DRE License #00957590