9.7 acres on the corner of Monroe/Avenue 62
Land Values; Eastern Coachella Valley: I get many inquiries regarding the value of land in our Coachella Valley. Each of our 9 cities is different of course, and within each city, whether you are looking at Northern, Southern, Eastern or Western areas of that city, price/acre will vary. The eastern cities of Indio, Coachella, Thermal and the unincorporated Vista Santa Rosa. Local Agent, Kim Kelly, 760-285-3578.
There are multiple large farms, mostly date farms for sale in the Thermal, Coachella and VSR (Vista Santa Rosa). Depending on location and numbers of trees, water, access, price/acres range from approx. $35,000-75,000/acre.
Vacant land, depending on location, and I mean raw land can be purchased for as little as $15,000/acre to as much as $125,000/acre for land very near to the Coachella Festival grounds. The further East, (towards the Thermal Car Club and Jacqueline Cochran Airport), the land is, the lower the price/acre. Every improvement such as water, utility access, crops in the ground, fencing, buildings all add $ to that price/acre.
There is a terrific 225 acre farm currently being farmed, with 2 reservoirs and 2 CVWD water meters available right now for $28,000/acre. It is near the Car club and the airport.
I have 14.6 acres of raw land, with CVWD nearby, available for $649,000. The 10 acre date farm on 62/Monroe is listed at $795,000 with CVWD water and electricity to site.
Take a tour of this gorgeous example of a 20 acre farm in VSR, near the City of Indio boundary. The current farmer is not selling, but it would list at approx. $100,000/acre or 2 mil.
