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Home / Thermal / 83300 58th Avenue
83300 58th Avenue Thermal, CA 92274 83300 58th Avenue Thermal, CA 92274 83300 58th Avenue Thermal, CA 92274 83300 58th Avenue Thermal, CA 92274 83300 58th Avenue Thermal, CA 92274 83300 58th Avenue Thermal, CA 92274 83300 58th Avenue Thermal, CA 92274 View All Photos

$9,450,000

| Active

83300 58th Avenue

Thermal, CA 92274

59.03
Acres
0
Days on Market
219151728DA
MLS#
Land
Structure
Residential
Zone
Contact
Listing OfficeArris Properties

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.

Property Details
View
Mountains
Lot Features
Agricultural, Flat
Lot Description
Agricultural, Flat
Acres
59.03
Lot Size (sqft)
2571347.0
Parking Spaces
0.0
Property Type
Purchase
Sewer Information
Unknown
Utility Source
Well
Utility Features
Electricity Available, Electricity Connected
Subdivision
Vista Santa Rosa
County
Riverside
Region
Thermal
Original List Price
$9,450,000
HOA
1
MLS #
219151728DA
Property Subtype
Land
Fence
1
Parcel Number
764170008
MLS #
219151728DA
Date Listed
August 21, 2026
Address
83300 58th Avenue
Location
Legal

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced 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. Properties may or may not be listed by the office/agent presenting the information

Provided By
Listed by Robert Castro (#D80139)
Listing Office: Arris Properties (#oD7833)

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