29.6 ACRES ORGANIC DATE RANCH
MEYERS RANCH, COACHELLA VALLEY

29.6 AC W Jackson St & Ave 60, VSR Main Photo
JACKSON ST SOUTH OF AVENUE 58, VISTA SANTA ROSA, CA

FEATURES

  • All or Part
  • 20.5 AC – 1,007 AC Portfolio of 11 Ranches, (See Offering Memorandum)
  • Approx. 1,341 organic date trees located on the property
  • In an area of many equestrian estates, close proximity to Rancho Polo and 2 miles from Desert International Horse Park
  • Just 4.5 miles from Empire & El Dorado Polo Fields, home to the world-renowned Coachella and Stagecoach Music Festivals
  • In Opportunity Zone, providing potential tax incentives
  • Abundant and affordable Coachella Valley Water District (CVWD) irrigation water, one of the lowest water rates in California

ASKING PRICE: $1,332,000 ($45,000/AC)​

VICINITY MAP

AERIAL & SITE AMENITIES
29.6 AC W Jackson St & Ave 60, VSR Flat Aerial

Amenities

  • Location: The property is located on the west side of Jackson and north of Avenue 60 in Vista Santa Rosa, CA
  • APN: 764-230-007
  • Parcel Size (According to County Assessor’s Information): 29.6 acres
  • Zoning: A-1-20 (Light Ag, 20-acre min. lot size)
  • General Plan: Agriculture
  • Utilities:
    Water: 18” line at Avenue 58 & Monroe St
    Sewer: 33” line at Avenue 58 & Monroe St
    Irrigation Water: Yes, Meter #1916
  • Tile Drain Lines: Yes, TD-351
  • Current Use: Date Ranch
  • Soils: GcA (Gilman fine sandy loam, wet, 0-2% slopes), It (Indio very fine sandy loam), Ir (Indio fine sandy loam, wet)

Tree Counts/Age

TypeDegletsZahidiExotic
Count1,302336
Age322423

PRODUCTION​

 Average Yield
2021267,964
2022236,306
2023169,661

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.

PROPERTY PHOTO
29.6 AC W Jackson St & Ave 60, VSR Property Photo
GALLERY
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: 03/13/24 JC

Contact

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

Ranked #1 in the Coachella Valley for Commercial Real Estate

DPP-headshots-Emily

Emily Harvey, Broker
[email protected]
Mobile: 760.636.3500
DRE License #02229612