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Riverside 92274
59375 Lincoln
$4,400,000
● Land - For Sale

59375 Lincoln

Thermal, CA 92274
bedrooms
Studio
bathrooms
0 Bath
$21,605
Est. Monthly

About This Property

An exceptional opportunity to acquire 157.69± acres of prime agricultural land located at the northwest corner of Lincoln Street & Avenue 60 in Thermal, CA, positioned high on the Coachella Valley slope, an area renowned for its early harvest cycles and superior growing conditions. Since the current ownership acquired the property, the seller has subsequently invested approximately $500,000 in brand-new on-site infrastructure, including the installation of new underground pipeline and irrigation systems, significantly enhancing the functionality, efficiency, and long-term value of the land. This capital improvement materially reduces future development and operational costs for the next owner. The property benefits from Coachella Valley Water District (CVWD) irrigation water, offering some of the lowest agricultural water rates in California, a critical competitive advantage for long-term farming operations. The soil quality is well-suited for a wide range of crops, including vegetables, citrus, and grapes, making the property highly versatile for diverse agricultural uses. Located within an Opportunity Zone, the property may qualify for attractive tax incentives, and is further situated within an Agricultural Preserve under the Williamson Act, providing reduced property tax assessments and enhanced holding efficiency. With excellent access via Interstate 10 and Highway 86, this property offers both operational convenience and long-term appreciation potential in one of Southern California's most productive agricultural regions.
Unit Size
-
Days on Market
266 days
Land Size
157.69 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

Listed By

HENRY LIU
HENRY LIU
GATEWAY PROPERTIES GROUP

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Last updated: 9 months ago (CRMLS #AR26022666)

Price History

Date / Event Date Event Price
Jan 29, 2026 Listed by CBD Investment Inc. $4,400,000
Listed by CBD Investment Inc.

Property Highlights

Exterior Details
Lot Features: Agricultural
Lot Size Area: 157.69
Lot Size Units: Acres
Lot Size Acres: 157.69
Lot Size Square Feet: 6868976.4
Water Source: AgriculturalWell

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,868,976
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 3

Building

  • Building Type: 0
  • Property Class: A
  • Land Acres: 0000157690
  • Standard Land Use Code: 7001
  • County Land Use Code: AP-A01
  • State Land Use Code: A01
  • Legal Description 1: 157.69 ACRES M/L IN POR SE 1/4 OF SEC 30 T6S R9E FOR TOTAL DESCRIPTION SEE ASSESSORS MAPS

Neighborhood

  • School District Name: Coachella Valley Unified School District
  • Census Tract: 045618

Zoning

  • Zoning: MIX

Geography

  • Parcel: 717-240-016
  • Meridian: SEC 30 TWN 06S RNG 09E
  • Municipality: COACHELLA
  • Latitude: 33.617
  • Longitude: -116.079

    Address

  • Full Address: 59375 Lincoln St
  • Address - House Number: 59375
  • Address - Street Name: Lincoln
  • Address - Suffix Type: St
  • State: CA
  • City Name: Thermal
  • Zip Code: 92274

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,402,766
  • Tax Rate Code Area: 058-038

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,992,622
  • Assessed Land Value: $4,840,178
  • Assessed Improvements Value: $152,444

    Sales

  • Current Sale Contract Date: Apr 09, 2010
  • Current Sale Recording Date: Jun 30, 2010
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2010-0307150
  • Previous Sale Recording Date: Aug 04, 2008
  • Previous Sale Contract Date: Jul 23, 2008
  • Previous Sale Amount: $3,155,000
  • Previous Sale Document Type: 69
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Riverside


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Frequently Asked Questions

When was property at 59375 Lincoln Street built and last sold?
The property at 59375 Lincoln Street was built in and last sold on Apr 9, 2010 for $4,000,000.
How much is this home worth?
The estimated value of the home located at 59375 Lincoln Street is $4,444,000.
What are some comparable homes to 59375 Lincoln Street?
There are currently no comparable homes to 59375 Lincoln Street.