157.69 ACRES WARM FARMGROUND
COACHELLA VALLEY
PINEAPPLE HILL RANCH

157.69 AC 59375 Lincoln St, TH Drone Aerial
NWC LINCOLN ST & AVE 60, THERMAL, CA

FEATURES

  • Prime farmground with early harvest, located high on the Coachella slope
  • Warm area provides one of the earliest harvests in the state
  • Affordable Coachella Valley Water District (CVWD) irrigation water, one of the lowest water rates in California
  • Excellent soils for a variety of vegetables, citrus, & grapes
  • In Opportunity Zone providing attractive tax incentives
  • In the Agricultural Preserve which offers low property taxes (Williamson Act)

ASKING PRICE: $4,730,700 ($30,000/AC)

VICINITY MAP

AERIAL & SITE AMENITIES
157.69 AC 59375 Lincoln St, TH Tilt Aerial

Amenities

  • Location: The property is located at the northwest corner of Lincoln St and Ave 60 in Thermal, CA. The address is 59375 Lincoln Street, Thermal
  • APN: 717-240-016
  • Parcel Size: 157.69 acres
  • Zoning: A-1-20 (Light Agriculture, 20 ac min.), A-2-20 (Heavy Agriculture, 20 ac min.)
    (Click here for RivCo Zoning Ordinance)
  • General Plan: Agriculture
  • Utilities:
    Domestic Water: 18” line at Buchanan & Avenue 60, (approx. 3/4 mile from property)
    Sewer: No sewer in the area
    Irrigation Water: Meter #4976
  • Tile Drains: Partially
  • Current Use: Farmground
  • Soils: GcA (Gilman fine sandy loam, wet, 0-2% slopes), MaB (Myoma fine sand, 0-5% slopes), Ir (Indio fine sandy loam, wet)
  • Agricultural Preserve: Yes
  • Lease: Leased until 6/30/26. Seller may terminate the lease in the event of a sale.

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.

For More Information click the button below.

PARCEL MAP WITH SOILS
157.69 AC 59375 Lincon St, TH Parcel Map
PROPERTY PHOTOS
Attachments
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: 12/13/23

Contact

Susan Harvey, Broker
[email protected]
Cell: 760.250.8992
DRE License #00957590

Ranked #1 in the Coachella Valley for Commercial Real Estate

Paula Turner, Broker
[email protected]
Direct: 760.766.0511
Cell: 760.578.6564
DRE License #00702492