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30934077
30934078

59375 Lincoln, Thermal, CA 92274

HL
CA 013782889
Coldwell Banker Dynasty Arcadia
Listed by Coldwell Banker Dynasty Arcadia
$4,400,000
125 days on market
Updated 68 days ago

59375 Lincoln

Details
APN 717240016
Property Type Land
Sub Type Lots/Land
Acreage 157.690

Land | 157.69 acres

Marketing description

An exceptional opportunity to acquire 157.69 acres of prime agricultural land located at the northwest corner of Lincoln Street & Avenue 60 in Thermal, CA, positioned high on the Coachella Valley slope, an area renowned for its early harvest cycles and superior growing conditions. Since the current ownership acquired the property, the seller has subsequently invested approximately $500,000 in brand-new on-site infrastructure, including the installation of new underground pipeline and irrigation systems, significantly enhancing the functionality, efficiency, and long-term value of the land. This capital improvement materially reduces future development and operational costs for the next owner. The property benefits from Coachella Valley Water District (CVWD) irrigation water, offering some of the lowest agricultural water rates in California, a critical competitive advantage for long-term farming operations. The soil quality is well-suited for a wide range of crops, including vegetables, citrus, and grapes, making the property highly versatile for diverse agricultural uses. Located within an Opportunity Zone, the property may qualify for attractive tax incentives, and is further situated within an Agricultural Preserve under the Williamson Act, providing reduced property tax assessments and enhanced holding efficiency. With excellent access via Interstate 10 and Highway 86, this property offers both operational convenience and long-term appreciation potential in one of Southern Californias most productive agricultural regions.
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Listing Contacts

HL
CA 013782889
Coldwell Banker Dynasty Arcadia
Listed by Coldwell Banker Dynasty Arcadia

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