Investor lists 400 acre Palm Tree Farm Land for $2,200,000
The property is multipurpose/agrisultural, fronts one mile along Freeway #10 and is located about 17.5 miles east of Desert Center (EAST OF PALM SPRINGS).
The growth of Desert Communities is booming Eastward.
Very nice VACANT Flat Land at a very reasonable $5500 per acre for a total of $2.2 Million along FREEWAY 10.
Great Investment for PALM TREES, in best climate area for palm tree growth. Area has plenty of water under ground as per drilling companies who are active in the area.
CAN BE SUBDIVIDED TO 4X80 ACRES and shared by 2-4 partners.
40,000-100,000 Canary Palm & Date Palm can be grown as shown above.
In short 3 years can generate $500,000 to $800,000 /Yr on going income by plucking 1000-1500 trees, selling them for $500-$800 per tree for decorations and landscape and re-planting them every year. They require just a drip system, little water and very low maintenance. If you have a few palm trees growing in your back yard, you know they require very little care other than some water.
It is also good for an ABSENTEE OWNER as the trees are counted and require equipment to extract them so no one can move them without permission. A Mexican supervisor can be hired from a nearby farm and in which he can put together a team of helpers in the area and who know how to plant the trees and take care of them as needed.
In about short 7 years a $2.5 Million investment has a potential to be worth $50-$80 Million Dollars.
CANARY Palm Trees about 7+ years old sell for $3000- $5000-$7000-$10,000+ per tree. At a conservative price for a 7 yr. old Canary Palm Tree of just $2000 X 40,000 trees=$80 Million worth.
If you plant 100,000 trees over sometime, it has a potential to be worth $200+ Million in 7-12 years. For these projections number of these trees, need to be planted over the years from internal cash flow starting in 3 years by selling 1000-1500 baby trees and re-plant.
Attached a screen shot showing CASH FLOW basis selling 2000 trees /Year.
Seeds cost 0.30 Cents each to plant new trees.
9 miles to the West of this location, there is an 800 Acre plantation (a link attache below), a must visit sight to see the potential for this location. That plantation was started from 80 acres and grew to this size from profits in 14 years.
Huge tax advantages for farm ownership, low risk, and very high returns on investment.
http://www.taxationlawfirms.com/resources/tax/tax-filing-help/tax-benefits-farm-ownership
Direction to Palm tree farm land:
From Desert Center Intersection of Rt.177 & I-10 Go 9 Miles East to CORN SPRINGS ROAD EXIT. From here go about 8 1/2 mile east ON I-10 to the Western boundary of the property a few feet away FROM I-10
GO PAST CALL BOX # 10-1232 AND STOP JUST BEFORE TWO DIAMOND SHAPED YELLOW SIGNS ON I-10. On your left there is a Dirt road PALEN DUNES DR. (NORTH/SOUTH) ITS THE WEST PROPERTY LINE. RED SIGN, FOR SALE AND AN ORANGE MARKER AT THE START OF THE PROPERTY. PROPERTY GOES FOR ONE MILE EAST AND ENDS AFTER CALL BOX # 10-1242 COMING FORM EAST GO WEST 5 1/2 MILES ON I-10 FROM FORD DRY LAKE EXIT TO 6 1/2 MILES TO THE WEST LINE OF THE PROPERTY ( N / S PALEN DUNES DRIVE & RED SIGN, FOR SALE )
Another FARM for Just 58 Acres is for Sale by a separate owner, they are asking $12.7 Million with 40,000 baby trees on it.
Google Earth Link:
https://www.google.com/maps/dir/33.702701,-115.2556663/Unnamed+Rd,+California/@33.6864205,-115.2495229,2221a,20y,45t/data=!3m1!1e3!4m8!4m7!1m0!1m5!1m1!1s0x80d0ed3eb869f78b:0x5ef19fef8e9f3534!2m2!1d-115.2637139!2d33.7023532
Investor lists 400 acre Palm Tree Farm Land for $2,200,000
