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75.48 AC Organic Date Grove

75.48 AC SEC Ave 68 & Harrison St, OA Main Photo
SEC AVE 68 & Harrison St, Oasis, CA

FEATURES

  • Prime organic date ranch in the Coachella Valley
  • Located in Oasis, a very desirable farming area in the Coachella Valley that is known for its superior soil 
  • Entire property is drip irrigated with a new irrigation system, reservoir, and pumps
  • In the Opportunity Zone

ASKING PRICE: $3,500,000 ($46,370/AC)

VICINITY MAP

75.48 AC SEC Ave 68 & Harrison St, OA Flat Aerial

Amenities

  • Location: The property is located at the southeast corner of Avenue 68 & Harrison Street in Oasis, CA
  • Zoning: A-1-10 (Light Agriculture, 10 ac min.)
  • General Plan: MDR (Medium Density Residential)
  • APNs/ Parcel Sizes: 751-280-002 (55.93 ac), 003 (19.55 ac)
  • Ag Preserve: No
  • Soils: GbA (Gilman fine sandy loam, 0-2% slopes),
    CpA (Coachella fine sand, 0-2% slopes)
  • Irrigation Water: Yes, Meter #1760 serves APN 751-280-002 & Meter #1597 serves APN 751-280-003.
  • Utilities:
    Water: 30” Main Line on Harrison St & 24” line on
    Ave 68 & Tyler St
    Sewer: 10” Main Line on Polk St & Ave 68
  • Tiled: No

Home & Shop Building

State of the Art Reservoir

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: 01/05/23 #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