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1276 Drew Rd - Wormwood 101 86.88 Acres of Agricultural Land Offered at $783,000 in El Centro, CA 92243
INVESTMENT HIGHLIGHTS
- Property is tiled and has concrete ditches
- Potential for future renewable energy development
- Above average water allocation
- Strong in place rental income – lease term nearing expiration providing flexibility to buyer
EXECUTIVE SUMMARY
Cushman & Wakefield is pleased to present the opportunity to acquire 87± acres of farmland historically farmed to a typical mix of hay crops for the region including, Alfalfa, Bermuda grass, and Sudan grass. Strategically located next to many renewable energy projects, Wormwood 101 offers potential future upside from development for renewable energy.
PROPERTY FACTS
| Price | $783,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Agricultural |
| No. Lots | 1 | Total Lot Size | 86.88 AC |
| Zoning | A-2-R - General Agriculture/Rural Zone | ||
| Price | $783,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Agricultural |
| Total Lot Size | 86.88 AC |
| Zoning | A-2-R - General Agriculture/Rural Zone |
1 LOT AVAILABLE
Lot
| Price | $783,000 | Lot Size | 86.88 AC |
| Price Per AC | $9,012.43 |
| Price | $783,000 |
| Price Per AC | $9,012.43 |
| Lot Size | 86.88 AC |
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1276 Drew Rd - Wormwood 101
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