News
Closed! First Large Agricultural Land Transaction in 2024 for Imperial Valley
Bobby Wuertz, Senior Vice President of Land Advisors Organization’s Agricultural Land Advisory team represented the seller in this transaction.
Calipatria, California (May, 2023) – Land Advisors Organization is pleased to announce the successful closing of 1,200+ acres located just east of Calipatria, CA. This transaction stands as a significant milestone, representing one of the most notable property sales in the region this year, especially given the rarity of large farmland transactions in this area.
Calipatria, nestled within the Imperial Valley, is renowned for its thriving agricultural community, home to both small and large-scale farms. The land is primarily dedicated to cultivating various row crops, such as alfalfa. The buyer intends to maintain long-term ownership of the property, ensuring the preservation of its agricultural production.
According to Bobby Wuertz of Land Advisors Organization, “this region has reliable and ample water that Imperial Irrigation District supplies, and the desert climate allows for year-round production of a wide variety of crops. This combined makes for an ideal agriculture region that is sought after by agriculturalists and investors.”
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