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48.2 AC Date Ranch at Oasis, CA​

48.2 AC 92745 Avenue 84, OA Main Image Web
92745 84TH AVENUE, OASIS, CA

FEATURES

  • Prime Deglet Noor Date Ranch in the fertile Coachella Valley
  • Approximately 2,000 Deglet Noor date trees
  • Majority of the trees planted in 2000 (15’ to 20’ tall with 26’ x 28’ spacing and 28’ x 30’ spacing)
  • In the Opportunity Zone
  • Irrigated with Coachella Valley Water District

ASKING PRICE: $1,928,000 ($40,000/AC)

VICINITY MAP

48.2 AC 92745 Avenue 84, OA Zoomed Aerial Web

Amenities

  • Location: The property is located at the southwest corner of Avenue 84 and Grant Street in Oasis, CA
  • APN/Parcel Size: 737-280-002 (48.2 acres)
  • Zoning: SP (Specific Plan)
  • General Plan: AG (Agriculture), OS-W (Open Space Water)
  • Soils: Ir (Indio fine sandy loam, wet),
    GcA (Gilman fine sandy loam, wet, 0-2% slopes)
  • Irrigation Meter: 7306
  • Tile Drain: Yes
  • Two adobe structures on the property

Production stats

Year and Production
2017: 306,185 lbs.
2018: 334,021 lbs.
2019: 374,513 lbs.
2020: 490,932 lbs.

Tree counts

Producing trees: 1,810
Non-producing trees: 160
Males: 56

Gallery

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

Attatchments
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: 09/13/21 #2332 JC

Contact
Susan Harvey Profile Photo

Susan Harvey, Owner
susan@dppllc.com
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

Paula Turner Profile Photo

Paula Turner, Broker
paula@dppllc.com
Mobile 760-578-6564
Office 760-360-8200
DRE License #00702492