Address
83300 58th Ave, Thermal, CA
Price
$ 9,450,000
Property Attributes
- MLS#219151728DA
- TypeSingle Family
- Listing Status Active
- CountyRIVERSIDE
- CityThermal
- AreaThermal
- Zip92274
- Style
- Price$ 9,450,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size59.03 Acres
Data Source:
Combined LA/Westside MLS (CLAW)
Property Description
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.
| Price History | |
|---|---|
| 8/22/2026 | Listed $9,450,000 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 92274
Price
© 2026 Dayton Area Board of Realtors. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes from Dayton Area Board of Realtors and the Broker Reciprocity Program.sm. Real estate listings held by brokerage firms other than Bella Realty Group are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are
The data relating to real estate for sale on this web site comes
in part from the Broker Reciprocity™ program of the Multiple
Listing Service of Greater Cincinnati. Real estate listings held by
brokerage firms other than Bella Realty Group are marked with the MLS ™ logo
(the small logo to the left) and detailed information about them includes
the name of the listing brokers. The information herein is furnished by the property owner in good faith
Columbus REALTOR® and Central Ohio Regional Multiple Listing Service, Inc .All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Western Regional Information Systems and Technology, Inc. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. "WRIST, Inc. deems information reliable but not guaranteed."
Copyright 2026 of Western Regional Information Systems and Technology, Inc. All rights reserved.
This content last refreshed on September 28, 2026 10:28 AM UTC
The MLS™ Combined LA/Westside MLS® (CLAW): All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Information should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended. Copyright ©2017 All rights reserved.
