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194.19 ACRES DATE RANCH THERMAL, CA

194.19 AC Airport Blvd & Pierce St, TH Main Photo Web
AIRPORT BLVD & PIERCE ST, THERMAL, CA

FEATURES

  • Prime Coachella Valley Date Ranch
  • In the Opportunity Zone
  • In the sphere of influence of the City of Coachella, one of the fastest growing cities in Riverside County
  • Near Thermal Motorsports Club, and Jacqueline Cochran Regional Airport
  • Easy access to Expressway 86 and I-10
  • Irrigated with Coachella Valley Water District, one of the lowest water rates in California
  • Prime fertile soil along the warm Coachella slope

Asking Price: $11,651,400 ($60,000/AC)

VICINITY MAP

194.19 AC Airport Blvd & Pierce St, TH Flat Aerial Web

Amenities

  • Zoning: A-2-20 (Heavy Agriculture)
  • General Plan: Agriculture
  • Utilities:
  • Irrigation Water: CVWD
  • Sewer: No sewer in the area
  • Water: Domestic water in Airport Blvd
  • Terms: Cash
RanchAcresParcel #Year PlantedTreesCounts
Camel Lot 3 SEC Airport Blvd., and Pierce St., Thermal, CA 9227438.21757-180-0012008Medjools – Producing2,260
Medjools – Young Trees260
Deglets – Producing1,148
Male Trees63
Total Trees3,731
Camel Lot 4 NEC Airport Blvd., & Pierce St., Thermal, CA 9227477.8763-390-0062015Medjools – Producing112
2016Medjools – Young Trees1,316
2010Deglets – Producing1,233
2016Deglets – Young Trees2,340
 Barhi – Producing25
 Barhi – Young Trees19
 Male Trees99
Total Trees5,144
Camel Lot 6 NWC Airport Blvd., & Pierce St., Thermal, CA 9227426.98763-370-0242003Medjools – Producing370
   Barhi – Producing25
   Barhi – Young Trees27
27.92763-370-019 Medjools – Young Trees752
11.65763-370-021 Deglets – Producing2,460
11.63763-370-018 Deglets – Young Trees675
   Male Trees79
Total Trees4,336
Total Acres194.19 
Total Male Trees241
Total Number of Trees13,211

OPPORTUNITY ZONE

Why is investing in an Opportunity Zone better than a 1031 Exchange?

Temporary Deferral:
Similar to a 1031 Exchange.

Step-up in Basis: After 5 years capital gains basis is increased by 10% and by an additional 5% if held for at least 7 years, thereby excluding up to 15% of the original gain from taxation. Permanent Exclusion: After 10 years the capital gains are permanently excluded from taxable income

Permanent Exclusion: After 10 years the capital gains are permanently excluded from taxable income.

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Attatchments
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. ref: 06/21/22 #2335 JC

Contact
Susan Harvey profile photo

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

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Ranked #1 in the Coachella Valley for Commercial Real Estate

Paula Turner profile photo

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