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1276 Drew Rd - Wormwood 101 86.88 Acres of Agricultural Land Offered at $958,894 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 | $958,894 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 | $958,894 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 | $958,894 CAD | Lot Size | 86.88 AC |
| Price Per AC | $11,036.99 CAD |
| Price | $958,894 CAD |
| Price Per AC | $11,036.99 CAD |
| Lot Size | 86.88 AC |
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 051-360-008-000 | Improvements Assessment | $54,216 CAD |
| Land Assessment | $506,768 CAD | Total Assessment | $560,984 CAD |
Property Taxes
Parcel Number
051-360-008-000
Land Assessment
$506,768 CAD
Improvements Assessment
$54,216 CAD
Total Assessment
$560,984 CAD
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1276 Drew Rd - Wormwood 101
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