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1276 Drew Rd - Wormwood 101 86.88 Acres of Agricultural Land Offered at $934,533 CAD in El Centro, CA 92243
Investment Highlights
- Property is tiled and has concrete ditches
- Potential for future renewable energy development
- Above average water allocation
- Strong in place rental income – lease term nearing expiration providing flexibility to buyer
Executive Summary
Cushman & Wakefield is pleased to present the opportunity to acquire 87± acres of farmland historically farmed to a typical mix of hay crops for the region including, Alfalfa, Bermuda grass, and Sudan grass. Strategically located next to many renewable energy projects, Wormwood 101 offers potential future upside from development for renewable energy.
Property Facts
| Price | $934,533 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Agricultural |
| No. Lots | 1 | Total Lot Size | 86.88 AC |
| Zoning | A-2-R - General Agriculture/Rural Zone | ||
| Price | $934,533 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Agricultural |
| Total Lot Size | 86.88 AC |
| Zoning | A-2-R - General Agriculture/Rural Zone |
1 Lot Available
Lot
| Price | $934,533 CAD | Lot Size | 86.88 AC |
| Price Per AC | $10,756.59 CAD |
| Price | $934,533 CAD |
| Price Per AC | $10,756.59 CAD |
| Lot Size | 86.88 AC |
Property Taxes
| Parcel Number | 051-360-008-000 | Improvements Assessment | $52,710 CAD |
| Land Assessment | $492,691 CAD | Total Assessment | $545,401 CAD |
Property Taxes
Parcel Number
051-360-008-000
Land Assessment
$492,691 CAD
Improvements Assessment
$52,710 CAD
Total Assessment
$545,401 CAD
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1276 Drew Rd - Wormwood 101
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