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$ 4,500,000
Est. payment | /mo
400 Acres Lot
$ 4,500,000
Est. payment | /mo
400 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID MC25222847
HOA Y/N No
Lot Size 400.000 Acres
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.
Surrounded by major projects and agribusiness: Genesis Solar (3.25 mi east, 250MW, $3B project), Maverick Solar (4 mi west, 800MW, $6B project), and Wood Spur Farms (10 mi east, 1,200 acres of dates and lemons). Located 74 miles east of Palm Springs and 22 miles west of Blythe, with I-10 connectivity to Los Angeles, Phoenix, Houston, New Orleans, and Jacksonville, FL.
Excellent opportunity for large-scale farming, renewable energy adjacency, or long-term investment in one of California's strongest agricultural corridors.
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.
Surrounded by major projects and agribusiness: Genesis Solar (3.25 mi east, 250MW, $3B project), Maverick Solar (4 mi west, 800MW, $6B project), and Wood Spur Farms (10 mi east, 1,200 acres of dates and lemons). Located 74 miles east of Palm Springs and 22 miles west of Blythe, with I-10 connectivity to Los Angeles, Phoenix, Houston, New Orleans, and Jacksonville, FL.
Excellent opportunity for large-scale farming, renewable energy adjacency, or long-term investment in one of California's strongest agricultural corridors.
Location
State CA
County Riverside
Area 699 - Not Defined
Zoning W-2-10
Interior
Fireplace No
Exterior
Fence None
Community Features Urban
Utilities Available None, Sewer Not Available, Water Not Available
View Y/N Yes
View Hills
Building
Lot Description Irregular Lot, Street Level
Sewer None
Water None
New Construction No
Others
Senior Community No
Tax ID 810311004
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard
Listed by Amanvir Singh Century 21 Select Real Estate 209-325-6159
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