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142.79 AC ORGANIC DATE & CITRUS RANCH
OASIS, CA

142.79 AC Harrison St & N Ave 70, TH Drone Aerial
69245 POLK ST, OASIS, CA

FEATURES

  • Organic date and citrus ranch with various structures & equipment
  • Excellent soil for a variety of crops
  • Potential for future development with General Plan of Medium Density Residential, which allows 2 to 5 dwelling units per acre on the eastern 41 acres and utilities adjacent to property
  • Adjacent to Mountain View & Oasis Gardens Mobile Home Parks
  • Located in Oasis, a very desirable farming area in the Coachella Valley
  • In Opportunity Zone, providing potential tax benefits
  • Affordable & abundant Coachella Valley Water District (CVWD) irrigation water, one of the lowest priced water rates in the state

ASKING PRICE: $4,400,000 ($30,814/AC)

VICINITY MAP

AERIAL & SITE AMENITIES

142.79 AC Harrison St & N Ave 70, TH Flat Aerial

Amenities

  • Location: Property is located on the north side of Ave 70, east and west of Harrison St. in Oasis, CA
  • Zoning: A-1-10 (Light Ag, 10-acre min. lot size); W-2 (Controlled Development)
  • General Plan: MDR (Medium Density Residential, allows 2-5 du/ac); Agriculture
  • Current Use: Date Garden & Citrus Grove with storage & packing facility
  • Property Size (According to County Assessor’s Information): Approx. 142.79 acres
  • APN/Parcel Sizes: 751-280-012 (11.56 acres), 015 (0.25 acres), 751-290-003 (33.55 acres), 004 (13.69 acres), 014 (23.90 acres), 016 (27.42 acres), 018 (32.42 acres)
  • Utilities:
    Electricity: 1 Commercial, 1 Domestic
    Domestic Water: 30” line on Harrison St
    Sewer: 10” line on Polk St & Oasis Gardens Dr
    Irrigation Water: Meter #1920, 7303
  • Improvements: Main House is 2,700 SF with 3 bedrooms / 3 baths; Bunk House is 3 bedrooms / 1 bath; 1 Labor house (800 SF); 3,080 SF packing house, 2 machine shops & cold storage
  • Soils Type: CpA (Coachella fine sand, 0-2% slopes), CsA (Coachella fine sandy loam, 0-2% slopes), GbA (Gilman fine sandy loam, 0-% slopes), & MaB (Myoma fine sand, 0-5% slopes)
  • Terms: Cash; Seller will provide a $25,000 bonus to the Buyer’s Agent upon Close of Escrow.

PLANTING MAP

142.79 AC Harrison St & N Ave 70, TH Drone Planting Map

TREE COUNTS

Type # Trees Year Planted
Lemons 726 1983-2015
Tangelo 819 1975-2009
Mandarin** 50 1985
Seville 1725 2010
Sweet Lime 514 2015 & 2021
Ruby 1,160 1978 & 1985
Rio Red 950 2013
Kumquat 296 2015
Tangerine** 45 2009
Medjool 557 + 300 SHOOTS 2000-2022
Deglet Noor 146 + 100 SHOOTS 2001-2021
Barhi 280 + 20 SHOOTS 1973-2023
Zaghloul 49 + 100 SHOOTS
Total 7,317 + 520 SHOOTS
*Tree Counts are approximate. ** Pollinators for Tangelo.

UTILITY MAP

142.79 AC Harrison St & N Ave 70, TH Zoomed Aerial Utilities

PROPERTY PHOTOS

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

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: 09/08/23 JC

Contact
Susan Harvey Profile Photo

Susan Harvey, Broker
[email protected]
Mobile: 760.250.8992
Office: 760.360.8200
DRE License #00957590

Desert Pacific Properties Logo

Ranked #1 in the Coachella Valley for Commercial Real Estate

Paula Turner Profile Photo

Paula Turner, Broker
[email protected]
Mobile: 760.578.6564
Office: 760.360.8200
DRE License #00702492

Susan Harvey Profile Photo

Susan Harvey, Broker
[email protected]
Mobile: 760.250.8992
Office: 760.360.8200
DRE License #00957590

Paula Turner Profile Photo

Paula Turner, Broker
[email protected]
Mobile: 760.578.6564
Office: 760.360.8200
DRE License #00702492

Desert Pacific Properties Logo

Ranked #1 in the Coachella Valley for Commercial Real Estate