83300 58th Avenue

Thermal, CA 92274

$9,900,000
Price
2,571,346 / 59.03
Lot Size / Acres

Description

The subject property is located in the City of La Quinta Sphere of Influence (SOI) The current local governing agency is the County of Riverside in the Vista Santa Rosa Community. The future Low Density Residential designation on The City of La Quinta General Plan 2035 is consistent with recent Vista Santa Rosa Community board input, regarding future land use. Possible 200 unit residential subdivision. Sewer is at Jackson St. The property was originally developed as a Coachella Valley based nursery...The subject property is located in the City of La Quinta Sphere of Influence (SOI) The current local governing agency is the County of Riverside in the Vista Santa Rosa Community. The future Low Density Residential designation on The City of La Quinta General Plan 2035 is consistent with recent Vista Santa Rosa Community board input, regarding future land use. Possible 200 unit residential subdivision. Sewer is at Jackson St. The property was originally developed as a Coachella Valley based nursery by a wholesale nursery company that distributed its products to Big Box
stores in Southern California. The original greenhouse improvement costs excluding the land exceeded the current asking price of the property by several million dollars. The property has a 500 gallon per minute irrigation well & pump station with storage tanks for the nursery irrigation system. Cannabis Hemp cultivation for CBD oil production was the most recent agriculture activity at the Nursery facility. A new owner could consider leasing the greenhouse to a new CBD cannabis grower tenant. The property could also be operated as a wholesale nursery to the landscape construction & maintenance industry in the Coachella Valley. The property is located in an Opportunity Zone, which offers a tax shelter advantage to a new owner. Opportunity Zones offer tax benefits to investors who elect to temporarily defer tax on capital gains if they timely invest those gain amounts in a Qualified Zone property.
  1. Listed by Robert Castro • DRE #01962756 • Arris Properties

Property Details for 83300 58th Avenue

Subdivision Name
Vista Santa Rosa
View
Mountain(s)
Cross Street
Jackson Street
LISTING UPDATED: 11/15/2024 07:48 PM

Property Details for 83300 58th Avenue

StatusActive
MLS #219120051
Days on Market7
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size59.03 AC
CountyRiverside County

Building Information for 83300 58th Avenue

Lot Size59.03 AC

Property Information for 83300 58th Avenue

Summary
Location and General Information
  • City: Thermal
  • Country: US
  • Directions: Frontage on Avenue 58. Jackson St. is 1500 LF west of property
  • Elementary School: Westside
  • High School: Coachella Valley
  • School District: Coachella Valley Unified
  • Inclusions: All Greenhouse Buildings, structures & attached equipment included
  • Middle Or Junior School: Toro Canyon
  • Area: 316 - Thermal
  • Postal Code Plus4: 8748
  • Senior Community: No
  • Unparsed Address: 83300 58th Avenue, Thermal, CA 92274
Taxes and HOA Information
  • Association Fee: $.00
  • Tax Legal Description: 59.03 ACRES IN POR SW 1/4 OF SEC 24 T6S R7E FOR TOTAL DESCRIPTION SEE ASSESSORS MAPS
Virtual Tour
  • Videos Count: 0
Property
Lot Information
  • Lot Features: Agricultural
  • Lot Size Acres: 59.03
  • Lot Size Square Feet: 2,571,346.80
  • Lot Size Area: 2,571,347.00
  • Lot Size Source: Other
  • Possible Use: Agricultural, Farm, Investment, Nursery, Residential, Single Family
  • Road Frontage Type: County Road
  • Topography: Flat
  • Zoning: A-1
  • Zoning Description: County
  • Property Type: Land
Property and Assessments
  • Current Use: Agricultural, Farm, Nursery, Tree Farm
  • Documents Count: 1
  • Sign On Property: No
Utilities
  • Sewer: Unknown
  • Utilities: Electricity Available, Electricity Connected
  • Water Source: Storage Tank(s), Well
Interior and Exterior Features
Exterior Features
  • Fencing: Barbed Wire, Chain Link
  • Pool Private: No
  • Spa: No
Interior Features
  • Total Bathrooms: 0
  • View: Yes
Multi Family
Multi-Family Information
  • Special Listing Conditions: Standard

Property History for 83300 58th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 83300 58th Avenue

Taxable ValueLand$1,796,366Additions$4,315,182Total$6,111,548
Tax Record2024$77,648 ($6,471 / month)
Home Facts
Lot Size2,571,346 SqFtStyleFarmsZoningA120CountyRIVERSIDEAPN764-170-008

Schools near 83300 58th Avenue

This home is within Coachella Valley Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Westside Elementary School
PublicK to 6

Cahuilla Desert Academy Junior High
Public7 to 8

Coachella Valley High School
Public9 to 12

Nova Academy - Coachella
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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83300 58th Avenue is a 59.03 ac of land for sale in Thermal, CA 92274. This property was listed for sale on November 15, 2024 by Arris Properties, it's currently listed at $9,900,000. It has been on the market for a total of 7 days and was last sold on June 4, 1999. This listing's school district is Coachella Valley Unified School District. Nearby schools include Westside Elementary School, Cahuilla Desert Academy Junior High and Coachella Valley High School. 83300 58th Avenue is a 0-bed, 0-bath, 59.03 ac of land on a 2,571,346 sq. ft. / 59.03 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Arris Properties, Robert Castro, DRE #01962756

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.