$559,000
$575,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
10.12 Acres Lot
SOLD DATE : 12/02/2020
Key Details
Sold Price $559,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Vista Santa Rosa
MLS Listing ID 219022651DA
Sold Date 12/02/20
HOA Y/N Yes
Lot Size 10.120 Acres
Property Description
Opportunity Knocking on this private over 10 acre property with an 8% CAP RATE. The Mobile Office Trailer is included in the purchase price and is in 'as is/where is' condition. It has 8 private offices, conference room, kitchenette, 2 bathrooms and its own separate entrance with covered patio and Parking galore. All the electric and plumbing is connected and operational. Permits were obtained thru the County of Riverside. All this plus fully separate 3 bay metal maintenance and service building with concrete pads and 14 foot roll up doors. This is a Ranchers/Farmers/Nursery/Contractors/Investors dream opportunity. Approximately 2 acres of the property are currently being used as a Palm Tree Nursery. Over 7 acres are open, flat and graded, to be used as the new buyer desires. Don't let this one get away as there are very few like it. Seller will cooperate with a 1031 Exchange as necessary and Lease back a portion of the property after close of escrow.
Location
State CA
County Riverside
Area 316 - Thermal
Interior
Fireplace No
Exterior
Utilities Available Electricity Connected
View Y/N Yes
View Desert, Mountain(s), Orchard, Panoramic
Building
Lot Description Agricultural, Horse Property, Ranch
Others
Senior Community No
Tax ID 764290011
Acceptable Financing Cash to New Loan
Horse Property Yes
Listing Terms Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Joseph Caffery • Caffery Capital
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