The subject property is located in the City of La Quinta Sphere of Influence (SOI) The current local governing agency is the County of Riverside in the Vista Santa Rosa Community. The future Low Density Residential designation on The City of La Quinta General Plan 2035 is consistent with recent Vista Santa Rosa Community board input, regarding future land use. Possible 200 unit residential subdivision. Sewer is at Jackson St.The property was originally developed as a Coachella Valley based nursery by a wholesale nursery company that distributed its products to Big Boxstores in Southern California. The original greenhouse improvement costs excluding the land exceeded the current asking price of the property by several million dollars. The property has a 500 gallon per minute irrigation well & pump station with storage tanks for the nursery irrigation system. Cannabis Hemp cultivation for CBD oil production was the most recent agriculture activity at the Nursery facility. A new owner could consider leasing the greenhouse to a new CBD cannabis grower tenant. The property could also be operated as a wholesale nursery to the landscape construction & maintenance industry in the Coachella Valley.The property is located in an Opportunity Zone, which offers a tax shelter advantage to a new owner. Opportunity Zones offer tax benefits to investors who elect to temporarily defer tax on capital gains if they timely invest those gain amounts in a Qualified Zone property.
Property Details
Property Features
Listing Office:
Office Name: Arris Properties
Office Phone: (760) 771-5475
Listing Agent: Robert Castro
Exterior Features
Exterior Information:
View: Mountain(s)
Lot Features
Lot Information:
Lot: Agricultural, Level
Lot Size: 59.03 Acres
Other
Directions Information:
Directions: Frontage on Avenue 58. Jackson St. is 1500 LF west of property
Price Information
Listing Price Info
Price Summary:
List Price: $9,900,000
Tax Information:
Annual Amount: $74,612
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Thermal, CA.
This property is $9.6M more than the Median Sold Price in Thermal, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #219120051DA
Listing Office:
Office Name: Arris Properties
Office Phone: (760) 771-5475
Listing Agent: Robert Castro
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jun 04, 1999
Jun 04, 1999Home Sold
$649,500
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$74,612
$5,759,051
2020
$74,612
$5,700,000
2018
$59,231
$4,481,255
2017
$56,815
$4,393,472
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Westside Elementary School
82225 Airport Blvd
Distance between this listing and this school1.40 miles
Public District Grades KG-6
6
/10
Peter Pendleton Elementary School
84750 Calle Rojo
Distance between this listing and this school2.93 miles
Public District Grades KG-6
4
/10
Valley View Elementary School
85270 Valley Rd
Distance between this listing and this school3.12 miles
Public District Grades KG-6
Nearby Schools
4
/10
Cahuilla Desert Academy Junior High School
82489 Avenue 52
Distance between this listing and this school2.86 miles
Public District Grades 7-8
3
/10
Imagine Schools Riverside County
50930 Calhoun St
Distance between this listing and this school3.39 miles
Public Charter Grades KG-8
3
/10
Bobby Duke Middle School
85358 Bagdad Ave
Distance between this listing and this school3.67 miles
Public District Grades 7-8
Nearby Schools
4
/10
Coachella Valley High School
83800 Airport Blvd
Distance between this listing and this school1.08 miles
Public District Grades 9-12
6
/10
Nova Academy - Coachella
52780 Frederick St
Distance between this listing and this school2.79 miles
Public Charter Grades 9-12
2
/10
La Familia Continuation High School
56-615 Olive St
Distance between this listing and this school3.83 miles
The neighbors living near this home have an average income of $61,742. Typical income of Thermal, CA residents is between $35k-100k annually. The majority of families are married, with kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 83300 58th Ave
What is the listing price of this property?
The listing price of 83300 58th Ave property is $9,900,000.
What type of property is this?
The property 83300 58th Ave is land located in Thermal, California, 92274.
Is this property for sale now?
Active Listing: 83300 58th Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $74,612 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 4, 1999 for $649,500. (source: MLS/tax record).
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This home is located at 83300 58th Ave in Thermal, CA and zip code 92274 in the Vista Santa Rosa neighborhood. This home sits on a 59.03 acre lot. It has been listed on Rocket Homes since November 16, 2024 and is currently priced at $9,900,000.
While more than 3 listings in Thermal, CA in October 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 0 were sold below. Between September 2024 and October 2024, Thermal, CA real estate market has seen increase in the number of listings by 4.3%. The median list price of listings available in October 2024 was $295,000, while the average time on the real estate market was 34 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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