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41.5 ACRES ORGANIC DATE RANCH
CODEKAS RANCH, COACHELLA VALLEY

41.5 AC S Ave 61 & Harrison St, TH Main Photo
AVENUE 61 & WEST OF HARRISON ST, VISTA SANTA ROSA, CA

FEATURES

  • Approx. 1,345 organic date trees located on the property
  • Adjacent to Deer Creek Polo, with lot sales averaging over $1M
  • 1/2 mile to Jacqueline Cochran Regional Airport
  • One mile to The Thermal Club, an exclusive luxury motorsports track
  • Close proximity to high-end country clubs, such as Trilogy La Quinta, PGA West, and Andalusia Country Club and Madison Club
  • In Opportunity Zone, providing potential tax incentives
  • Abundant and affordable Coachella Valley Water District (CVWD) irrigation water, one of the lowest water rates in California

ASKING PRICE: $2,075,000 ($50,000/AC)

VICINITY MAP

AERIAL & SITE AMENITIES

41.5 AC S Ave 61 & Harrison St, TH Flat Aerial

Amenities

  • Location: The property is located on south side of Avenue 61 west of Harrison in Vista Santa Rosa, CA
  • APN: 759-120-005
  • Parcel Size (According to County Assessor’s Information): 41.5 acres
  • Zoning: A-1-10 (Light Ag, 10-acre min. lot size)
  • General Plan: Agriculture
  • Utilities:
    Water: 30” line on Harrison St & Avenue 61
    Sewer: 42” line on Avenue 62 and Harrison St
    Irrigation Water: Yes, Meter #2114
    Tile Drain Lines: Yes, TD-395
  • Current Use: Date Ranch
  • Soils: GcA (Gilman fine sandy loam, wet, 0-2% slopes), Ir (Indio fine sandy loam, wet), CrA (Coachella fine sand, wet, 0-2% slopes)

Tree Counts/AGE

TypeMedjoolDegletExotic
Count161,31613
Age292929

PRODUCTION

 Average Yield
2021448,558
2022361,990
2023274,108

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

PROPERTY PHOTO

41.5 AC S Ave 61 & Harrison St, TH Property Photo

GALLERY

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: 03/13/24 JC

Contact
DPP Susan Circle Headshot

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

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Ranked #1 in the Coachella Valley for Commercial Real Estate

DPP-headshots-Emily

Emily Harvey, Broker
[email protected]
Mobile: 760.636.3500
Office: 760.360.8200
DRE License #02229612