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48.2 AC DATE RANCH AT OASIS, CA

Opportunity Zone
48.2 AC 84th Avenue Main Image
92745 84TH AVENUE, OASIS, CA

Features

  • Prime Deglet Noor Date Ranch in the fertile Coachella Valley
  • Approximately 2,000 Deglet Noor date trees
  • Majority of the trees are 15’ to 20’
  • In the Opportunity Zone
  • Irrigated with Coachella Valley Water District water, one of the lowest water rate in the state 

Asking Price: $1,928,000 ($40,000/AC)

Vicinity Map

48.2 AC 84th Avenue Zoomed Aerial

Amenities

  • Location: The property is located at the southwest corner of Avenue 84 and Grant Street in Oasis, CA
  • APN/Parcel Size: 737-280-002 (48.2 acres)
  • Zoning: SP (Specific Plan)
  • General Plan: AG (Agriculture), OS-W (Open Space Water)
  • Soils: Ir (Indio fine sandy loam, wet),
    GcA (Gilman fine sandy loam, wet, 0-2% slopes)
  • Irrigation Meter: 7306
  • Tile Drain: Yes
  • Two adobe structures on the property

Production Stats

Year and Production
2017: 306,185 lbs.
2018: 334,021 lbs.
2019: 374,513 lbs.
2020: 490,932 lbs.

Tree Counts​

Producing trees: 1,810
Non-producing trees: 160
Males: 56

Property Images

48.2 AC 84th Avenue Property Image 1
48.2 AC Date Ranch at Oasis, CA

WHAT IS AN 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.

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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: wm043021#2232

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