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83300 58th Avenue, Thermal, CA 92274
Priced at Only: $9,900,000
For more Information Call Mobile: 714.478.6676
Address: 83300 58th Avenue, Thermal, CA 92274
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  • MLS#: 219120051DA ( )
  • Street Address: 83300 58th Avenue
  • Viewed: 14
  • Price: $9,900,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 40
  • Acreage: 59.03 acres
  • Additional Information
  • County: RIVERSIDE
  • City: Thermal
  • Zipcode: 92274
  • Subdivision: Vista Santa Rosa
  • Provided by: Arris Properties
  • Contact: Robert Robert
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    The subject property is located in the City of La Quinta Sphere of Influence (SOI) The current local governing agency is the County of Riverside in the Vista Santa Rosa Community. The future Low Density Residential designation on The City of La Quinta General Plan 2035 is consistent with recent Vista Santa Rosa Community board input, regarding future land use. Possible 200 unit residential subdivision. Sewer is at Jackson St.The property was originally developed as a Coachella Valley based nursery by a wholesale nursery company that distributed its products to Big Boxstores in Southern California. The original greenhouse improvement costs excluding the land exceeded the current asking price of the property by several million dollars. The property has a 500 gallon per minute irrigation well & pump station with storage tanks for the nursery irrigation system. Cannabis Hemp cultivation for CBD oil production was the most recent agriculture activity at the Nursery facility. A new owner could consider leasing the greenhouse to a new CBD cannabis grower tenant. The property could also be operated as a wholesale nursery to the landscape construction & maintenance industry in the Coachella Valley.The property is located in an Opportunity Zone, which offers a tax shelter advantage to a new owner. Opportunity Zones offer tax benefits to investors who elect to temporarily defer tax on capital gains if they timely invest those gain amounts in a Qualified Zone property.
Features
Country
  1. US
Distancetoelectriccomments
  1. at property
Distancetofreewaycomments
  1. 9 miles
Distancetoschoolscomments
  1. Within 3.5 miles
Distancetosewercomments
  1. Approx. 1500 Lineal Feet
Distancetowatercomments
  1. Water Well on property
Fencing
  1. Barbed Wire
  2. Chain Link
Improvements
  1. 14 Acres of Greenhouses
Inclusions
  1. All Greenhouse Buildings
  2. structures & attached equipment included
Ingressegress
  1. Avenue 58
Lot Features
  1. Agricultural
Parcel Number
  1. 764170008
Postalcodeplus4
  1. 8748
Sewer
  1. Unknown
Subdivision Name Other
  1. Vista Santa Rosa
Survey
  1. Buyer Pays
Topography
  1. Flat
Trees
  1. Palm Trees
Usable Land Percent
  1. ...
Utilities
  1. Electricity Available
  2. Electricity Connected
View
  1. Mountain(s)
Views
  1. 14
Water Source
  1. Well
Well Gallons Per Minute
  1. 500.00
Well Pump Horsepower
  1. 60.00
Zoning
  1. A-1
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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