Expressway 86 & Ave 74 - Residential LAND FOR SALE


Thermal, CA 92274 45,987,599 SF
$26,393,250 USD
760-250-8992
Expressway 86 & Ave 74, Thermal, CA for Sale
$26,393,250 USD
Residential LAND - FOR SALE
1/9
45,987,599 SF

Expressway 86 & Ave 74
Thermal, CA 92274


HIGHLIGHTS

  • 1,055 contiguous acres on Expressway 86 in the Coachella Valley
  • 9 miles to Coachella, 14 miles to Interstate 10, 40 miles to Palm Springs
  • On Expressway 86 with direct access to the border town of Mexicali, a major manufacturing hub in Mexico just 85 miles to the south
  • General Plan Land Use calls for Business Park, Commercial, and Residential Land Use
  • The East Coachella Valley is booming and encouraging new development
  • Agricultural leases in place for interim income

OVERVIEW

- 1,055 contiguous acres with a half mile fronting Expressway 86, prime farmground and date trees in path of growth - Ideal climate produces first-to-market crops - Abundant, low-cost water supply (Coachella Valley Water District) - In Opportunity Zone providing tax incentives - Low property taxes (Williamson Act) - General Plan calls for Business Park, Medium Density Residential, and Commercial, amongst other uses - 40 miles from Palm Springs - 75 miles to the Mexicali Trade Area which has become an export hub for aerospace, medical devices, automotive, telecommunication & electronics

FOR SALE DETAILS

PRICE

$26,393,250 USD

PRICE/ACRE

$25,000/AC

PRICE/SF

$0.57 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

1055 Acres Expressway 86 Coachella Valley

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Commercial, Hold for Development, Hold for Investment, Single Family Development, Agricultural

LAND ACRES

1055.73 AC

LAND SF

45,987,599 SF

OFFSITE IMPROVEMENTS

Electricity, Streets, Irrigation

ZONING

A-1-10

APN/PARCEL ID

749-260-004,749-260-005,749-270-004,749-270-005,749-290-006,755-142-005,755-142-006,755-142-014

ASK ABOUT THIS PROPERTY

Susan HarveyDesert Pacific PropertiesMore Info
760-250-8992

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Susan HarveyDesert Pacific PropertiesMore Info
760-250-8992

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