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Garrick Yan

garrick@garrickyan.com +1(510) 999-8008

$ 3,900,000

Est. payment -/mo

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Price Dropped by $600K

0 APN 810-311-004 & 810-311-010 Desert Center, CA 92239

49,299.44 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Agriculture

Listing Status Active

Purchase Type For Sale

MLS Listing ID 225123999

HOA Y/N No

Lot Size 49299.441 Acres

Acres 400.0

Property Sub-Type Agriculture

Source MLS Metrolist

Property Description

Rare offering of 400 acres of prime Class-1 rated agricultural land in Riverside County, offered at $4,500,000 ($11,250/acre). Consists of two parcels: APN 810-311-004 (320 acres) and APN 810-311-010 (80 acres). Excellent location with approximately 1 mile of I-10 Freeway frontage at Exit 217 (Ford Dry Lake Road). Property is easily accessible via Paled Dunes Drive along the southern and western boundaries. Owner reports unlimited groundwater potential from aquifers, estimating water savings of approximately $400,000 annually. Development start-up costs for well, drip irrigation, and planting are estimated at $450,000 (owner). High-value Class-1 soil supports a wide variety of crops, including garlic, melons, pumpkins, citrus, and Medjool dates. Owner-provided cultivation estimates: garlic up to $80,000/acre; lemons approximately 200 trees/acre (80,000 trees total with projected net of ~$34M/yr); Medjool dates approximately 120 trees/acre (48,000 trees producing ~9.6M lbs annually with potential gross income of ~$38.2M). Buyer to verify all figures.

Location

State CA

County Riverside

Area Riverside County

Zoning W-2-10

Direction Take I-10 Freeway to Exit 217 (Ford Dry Lake Road), then proceed via Paled Dunes Drive along the south and west boundaries of the property

Exterior

Fence None

Utilities Available None

Water Access Desc None

Topography Level

Street Surface Paved

Road Frontage Freeway Exposure

Building

Lot Description Shape Regular

Sewer None

Water None

Schools

Elementary Schools Other

Middle Schools Other

High Schools Other

School District Other

Others

Senior Community No

Tax ID 810-311-004

Special Listing Condition None

Listed by Century 21 Select Real Estate

Garrick Yan

Team Leader | CA BRE #01916102

+1(510) 999-8008

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