714-745-2708

83300 58th Avenue, Thermal, CA 92274

$9,650,000 Approx. USD 0 beds, 0 baths

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Robert Castro | bob@arrisproperties.com
Lic#: 01962756
Broker: Courtesy of Arris Properties
Phone: (424) 214-9205

Agent Remarks

The subject property is located in the County of Riverside (COR) Vista Santa Rosa Community. The COR General Plan Foundation Policy overlay is Community Development (CDO), meaning land use may be low to high density residential among the many uses allowed under this zone classification. The property is also in the City of La Quinta Sphere of Influence (SOI), meaning the development could be entitled through the COR and the annexed into the City of La Quinta in the future. 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 Box stores in Southern California. Original greenhouse improvement costs ($15 MM) excluding the land, far exceeds the current asking price. The property has a 500 gallon per minute irrigation well & pump station with storage tanks for the nursery irrigation system. County of Riverside permitted Cannabis Hemp cultivation for CBD oil production is the most recent agriculture activity at the Nursery facility. Approximately 14 acres of greenhouse is being leased to third parties cultivating Hemp. Rental per acre per month is $8,000 per month. Current General Manager with knowledge base and notoriety in the CBD hemp cultivation industry, willing to work for new ownership, to manage rental income activity moving forward.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.

Listing Details

Property type: (Lots/Land)

Status: Active

MLS# 219120051DA

List price is $9,650,000 Reduced by $250,000 on 10/17/2025

Price: $9,650,000

Beds: 0

Baths: 0

59.03 acres

Lot size: 59.0300

Subdivision: Vista Santa Rosa

County: Riverside

Zoning: A-1

Lot description: Agricultural,Flat

MLS area: 316 - Thermal

Last Updated: 6/12/2026

Days On Market (DOM): 583

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This listing belongs to the 316 - Thermal MLS area

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Lat/Long: 33.627833, -116.210886.
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