83300 Avenue 58 Ave - Commercial LAND FOR SALE


Thermal, CA 92274 2,570,040 SF
$9,900,000 USD
424-214-9205
83300 Avenue 58 Ave, Thermal, CA for Sale
$9,900,000 USD
Commercial LAND - FOR SALE
1/7
2,570,040 SF

83300 Avenue 58 Ave
Thermal, CA 92274


HIGHLIGHTS

  • Great Investment Opportunity to purchase 59.03 Acres located City of La Quinta Sphere of Influence.
  • Located in Opportunity Zone. Defer Real Estate Capital Gain Tax & Future Profit.
  • Future Land Use - Low Density Residential Up to 4 Units Per Acre in a Planned Unit Development .
  • 14 Acres of Green House & Shade Structures.
  • 500 Gallon per Minute Water Well with Pump Station & Storage Tanks for Nursery Operation.
  • Great Potential as Annual Coachella & Stagecoach Party/Camping Site.

OVERVIEW

Property to be shown by appointment only to a financially qualified buyer. Please do not disturb current tenant. Current tenant has no information available regarding sale of the property. All showing will be after 3pm. 24-hour notice to show. Offering 2.5% co-op fee to Selling Agent representing Buyer.

FOR SALE DETAILS

PRICE

$9,900,000 USD

PRICE/ACRE

$167,797/AC

PRICE/SF

$4 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

REAL ESTATE CAPITAL GAIN TAX SHELTER

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Single Family Development

LAND ACRES

59 AC

LAND SF

2,570,040 SF

OFFSITE IMPROVEMENTS

Electricity, Streets

ZONING

Low Density Residential

APN/PARCEL ID

764-170-008

ASK ABOUT THIS PROPERTY

Robert CastroArris PropertiesMore Info
424-214-9205

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Robert CastroArris PropertiesMore Info
424-214-9205

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.