$2,200,000
88425 57th AVE Thermal, CA 92274
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$2,200,000
Est. payment /mo
20 Acres Lot
Active
88425 57th AVE Thermal, CA 92274
UPDATED:
08/07/2024 01:47 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 219114474
HOA Y/N No
Lot Size 20.000 Acres
Property Description
Presenting an exceptional agricultural investment opportunity! This expansive 20-acre property boasts mature farmland, expertly irrigated by two fully functioning wells that water the entire property, the estate includes an overflow pond, extensive irrigation lines running to every tree and row of okra, along with, tractor sheds and storage for all the tools needed to maintain this great opportunity. With plenty of land to expand and add additional growth on the Property, this makes for a great opportunity for the next owner! The first 5 acres feature lush Medjool date-producing palm trees, known as the king of dates. These meticulously maintained and groomed palms yield an impressive amount of fruit annually, with roughly 800 palm trees on the property, providing substantial revenue potential. The remaining 15 acres are dedicated to producing high-quality okra, with well-maintained crops ensuring a bountiful harvest. With easements rights from multiple Streets around the property, this allows for easy distribution and access for multiple trades onto the Property. This property is perfect for investors seeking an immediate return on investment, offering a well-established, revenue-generating agricultural venture. Don't miss out on this rare opportunity to own a thriving ranch!
Location
State CA
County Riverside
Area 316 - Thermal
Exterior
Fence Chain Link, Gate
Utilities Available Electricity Available
View Y/N true
View City, Mountain(s), Orchard
Private Pool No
Building
Lot Description Agricultural, Level, Private
Sewer Unknown
Others
Senior Community No
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Listed by Compass
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