200 AC FARMGROUND FOR LEASE
VISTA SANTA ROSA, CA

200-AC-62nd-Ave-Monroe-St-VSR-Zoomed-Aerial
MONROE ST & AVE 62, VISTA SANTA ROSA, CA

FEATURES

  • Prime warm farmground
  • Low cost Coachella Valley Water District (CVWD) canal water with deep-well as backup for irrigation
  • Two (2) reservoirs, approx. 3 acre feet
  • Filter station and pumps included in lease rate
  • West side of the ranch is at sea level, see topography map on the second page
  • In the Opportunity Zone

LEASE RATE: $450/AC/YEAR

VICINITY MAP

AERIAL & SITE AMENITIES
200-AC-62nd-Ave-Monroe-St-VSR-Aerial-Map

Amenities

  • Location: Property is located in 81755 Avenue 62 in Vista Santa Rosa (Keck Estate)
  • APNs: 753-070-007 (2.08 ac), 008 (10.86 AC), 018 (48.56 AC), 027 (78.97 AC), 028 (19.8 AC), 030 (39.47 AC), 031 (19.38 AC), 753-080-004 (8.28 AC), 013 (51.22 AC)
  • Parcel Size (According to County Assessor’s Information): 200 acres
  • Zoning: A-1-10 (Light Agriculture, 10-ac min. lot size)
  • General Plan: Agriculture
  • Soils: CdC (Carsitas gravelly sand, 0-9% slopes), ChC (Carsitas cobbly sand, 2-9% slopes), CsA (Coachella fine sandy loam, 0-2% slopes), GcA (Gilman fine sandy loam, wet, 0-2% slopes), GbB (Gilman fine sandy loam, 2-5% slopes), GaB (Gilman loamy fine sand, 0-2% slopes), Ir (Indio fine sandy loam, wet)
  • Utilities:
    Electrical: In Street
    CVWD Meter: #1566, #2022, #2008, #2013
    Reservoir: 3-acre feet
    Pump Capacity: 600 gal/min
  • Current Use: Farmground

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.

SOILS MAP
200-AC-62nd-Ave-Monroe-St-VSR-Soils-Map
TOPO MAP
200-AC-62nd-Ave-Monroe-St-VSR-Topo-Map
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: 12/04/23

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