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Granado Place - Alvocado Ranch
36.3 Acres of Agricultural Land Offered at $1,585,000 in Temecula, CA 92590
Investment Highlights
- Established avocado grove
- 24 planted avocado acres
- Professionally managed
Executive Summary
County, in Temecula, California. Situated in the prime agricultural region of De Luz, this property is comprised of approximately 24 net
planted acres of avocado trees.
Alvocado Avocado Ranch, a commercial farming operation in Riverside, CA, is professionally managed by McMillan Farm Management, a well-established and highly reputable avocado and citrus management company. The Buyer can take advantage of the current management team, offering a fully passive investment option. Significant tax benefits may be available for California farmers including depreciation on the trees & operational write offs. Contact your accountant or reach out to our listing team for more information.
Property Facts
| Price | $1,585,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Agricultural |
| No. Lots | 1 | Total Lot Size | 36.30 AC |
| Price | $1,585,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Agricultural |
| Total Lot Size | 36.30 AC |
1 Lot Available
Lot
| Price | $1,585,000 | Lot Size | 36.30 AC |
| Price Per AC | $43,664 |
| Price | $1,585,000 |
| Price Per AC | $43,664 |
| Lot Size | 36.30 AC |
Two legal lots improved with 24 net planted acres of producing avocado trees. Private access from Granado Place and just a few minute drive down Deluz Road into the wine country and retail amenities of Temecula.
Description
Commercial farming operation located directly above the beautiful Temecula valley. Property is professionally managed as has a mix of mature producing trees and recently stumped trees that will come back into production over the next few years. Generally steep topography with two potential building locations for a single family home with outstanding views.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $71,450 | |
| Land Assessment | $827,196 | Total Assessment | $898,646 |
PROPERTY TAXES
zoning
| Zoning Code | RA-5 (Residential Agriculture) |
| RA-5 (Residential Agriculture) |
Presented by
Granado Place - Alvocado Ranch
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