91.8 AC SANTA ROSA RANCH CITRUS RANCH IN OASIS, CA
FEATURES
| Acreage | Tree Count | Year Planted | |
|---|---|---|---|
| Minneolas | 36.89 | 5,504 | ’02, ’03, ’08 |
| Fairchilds | 6.81 | 911 | ’97 |
| Royal | .88 | 183 | ’97, ’03 |
| Sour Orange | 11.56 | 1,165 | ’10 |
| Tango Mandarin | 9.86 | 1,348 | ’10 |
| Cocktail GF | 16.28 | 2,880 | ’98, ’03 |
| Rio Red GF | 7.64 | 944 | ’90 |
ASKING PRICE: $1,927,800 ($21,000/AC)
VICINITY MAP
Amenities
- APN: 755-231-005, 008, 009, 011, 017; 755-232-017
- Parcel Size: 91.8 AC
- Zoning: W-2 (Controlled Dev.) & A-1-20 (Light, Agriculture – 20 acre min.
- General Plan: AG (Agriculture)
- Ag Preserve: YES, 33.35 AC (APN: 755-232-017)
- Canal Water: Meter #1543, 1385, 1770 Single emitter drip irrigation
- Reservoir: Yes
- Tiled: Yes; Only parcel 755-232-017
- Opportunity Zone: Yes
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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CdC: Carsitas gravelly sand, 0-9% slopes
ChC: Carsitas cobbly sand, 2-9% slopes
GcA: Gilman fine sandy loam, wet, 0-2% slopes
MaB: Myoma fine sand, 0-5% slopes
McB: Myoma ine sand, wet, 0-5% slopes
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: 02/22/23 #2180 JC
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