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Expressway 86 & Ave 74 - 679 Acres Expressway 86 Coachella Valley 679.13 Acres of Residential Land Offered at $23,389,236 CAD in Thermal, CA 92274



Investment Highlights
- 679 contiguous acres on Expressway 86 in the Coachella Valley
- On Expressway 86 with direct access to the border town of Mexicali, a major manufacturing hub in Mexico just 85 miles to the south
- The East Coachella Valley is booming and encouraging new development
- 9 miles to Coachella, 14 miles to Interstate 10, 40 miles to Palm Springs
- General Plan Land Use calls for Business Park, Commercial, and Residential Land Use
- Agricultural leases in place for interim income
Executive Summary
- 679 contiguous acres with a half mile fronting Expressway 86, prime farmground and date trees in path of growth
- Ideal climate produces first-to-market crops
- Abundant, low-cost water supply (Coachella Valley Water District)
- In Opportunity Zone providing tax incentives
- Low property taxes (Williamson Act)
- General Plan calls for Business Park, Medium Density Residential, and Commercial, amongst other uses
- 40 miles from Palm Springs
- 75 miles to the Mexicali Trade Area which has become an export hub for aerospace, medical devices, automotive, telecommunication & electronics
- Ideal climate produces first-to-market crops
- Abundant, low-cost water supply (Coachella Valley Water District)
- In Opportunity Zone providing tax incentives
- Low property taxes (Williamson Act)
- General Plan calls for Business Park, Medium Density Residential, and Commercial, amongst other uses
- 40 miles from Palm Springs
- 75 miles to the Mexicali Trade Area which has become an export hub for aerospace, medical devices, automotive, telecommunication & electronics
Property Facts
1 Lot Available
Lot
| Price | $23,389,236 CAD | Lot Size | 679.13 AC |
| Price Per AC | $34,440.00 CAD |
| Price | $23,389,236 CAD |
| Price Per AC | $34,440.00 CAD |
| Lot Size | 679.13 AC |
1 1
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,226,011 CAD | |
| Land Assessment | $2,416,073 CAD | Total Assessment | $4,642,085 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$2,416,073 CAD
Improvements Assessment
$2,226,011 CAD
Total Assessment
$4,642,085 CAD
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Expressway 86 & Ave 74 - 679 Acres Expressway 86 Coachella Valley
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