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Listed by Steven C Gerry Compass Commercial
$2,900,000
Est. payment /mo
73.54 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 426159607
HOA Y/N No
Lot Size 73.540 Acres
Acres 73.54
Property Sub-Type Commercial
Property Description
Discover an exceptional investment opportunity with this 1,340 SF building situated on agriculturally-zoned land in the thriving Imperial Valley area. The strategically zoned property presents a compelling prospect for investors seeking to capitalize on the region's rich agricultural heritage and economic potential. With a prime location and versatile zoning, this property offers a range of possibilities for development and utilization. Whether as a long-term land investment or for specific agricultural purposes, this property represents a valuable asset in a sought-after area, poised for a variety of lucrative ventures. The property features a substantial and diversified palm inventory, highlighted by an established Medjool date orchard along with significant ornamental palm plantings. The property currently contains approximately 1,200 Medjool date palms, generally ranging from approximately 5 to 15 feet in height, with current production estimated by the Seller at approximately 150-200 pounds per producing palm annually. Complementing the Medjool operation are approximately 1,500 Canary palms, generally ranging from 3 to 5 feet in height, which represent a significant ornamental nursery component and potential source of future sale proceeds. The property also includes approximately 150 fan palms, of which the Seller reports that 50 are subject to a purchase arrangement, potentially leaving approximately 100 available for sale. In total, the Seller-reported inventory represents approximately 2,850 palms across three principal varieties, providing a combination of income-producing agricultural trees and marketable ornamental inventory. - 1,340 SF building - Zoned Agric Crop Land - Prime Imperial Valley location - Versatile development potential - Strategic agricultural investment opportunity - Drip irrigation system with filtration - Onsite power and secure perimeter fencing - 1 Agricultural building and assorted equipment (list to be provided)
Location
State CA
County Imperial
Area Imperial County
Zoning Agric Crop Land
Interior
Fireplace No
Exterior
Utilities Available Electric TBD, Other, See Remarks
Building
New Construction No
Others
Tax ID 034120065000
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Rebecca Brooks
Broker Associate/Area Leader/Ambassador License ID: 1249870
Broker Associate/Area Leader/Ambassador License ID: 1249870