40 ACRES FARMGROUND
VISTA SANTA ROSA, COACHELLA VALLEY
FEATURES
- Ideal for Vegetables
- Abundant and affordable Coachella Valley Water District (CVWD) irrigation water, one of the lowest water rates in California
- Previously farmed to Okra and Vegetables
- In Opportunity Zone providing potential tax incentives
Lease Rate: $600 PER ACC/Yr
VICINITY MAP
Amenities
- Location: The property is located on the northwest corner of Ave 66 and Van Buren Street, Vista Santa Rosa, CA.
- APN: 753-140-016 (40 AC)
- Zoning: A-1-10 (Light Agriculture, 10 ac min.)
(Click here for RivCo Zoning Ordinance) - General Plan: IND, Indian Jurisdiction
- Utilities: Irrigation Water: Yes; Meter #72048 & Reservoir
- Current Use: Previously planted to Okra and vegetables
- Tile Drains: Yes
- Soils: GbA (Gilman fine sandy loam, 0-2% slopes); GcA (Gilman fine sandy loam, wet, 0-2% slopes); Ip (Indio fine sandy loam)
- Agricultural Preserve: No
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.
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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: 4/3/25 JC
Susan Harvey, Broker
[email protected]
Cell: 760.250.8992
DRE License #00957590
Ranked #1 in the Coachella Valley for Commercial Real Estate
Emily Harvey, Broker
[email protected]
Mobile: 760.636.3500
DRE License #02229612
