Almond Processing Facility on 19.72
1750 N Siskiyou Ave, Kerman, CA 93630
For Sale
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Almond processing facility in Kerman, CA with extensive equipment.
Property Size77,056 SF
Lot Size19.72 Acres
Price / SF$207.64
Days on Market260
Property Features for 1750 N Siskiyou Ave
General Information
Standard status
Size
Class
Lot size
Property subtype
Zoning
Building Details
Year Built
Listing Agency:
Schuil Ag Real Estate
Listed By:
Brandon Morris · License CA #01960077
(661) 809-3646
Source:
Crexi
Added: Feb 24
Changed: Nov 7
Last Checked: Nov 10 at 6:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Schuil Ag Real Estate
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Investment Insights
Based on property information with market context.
Located at 1750 N Siskiyou Ave in Kerman, CA, this property features a Diamond West processing facility on approximately 19.72 acres. The facility, ideally suited for processing both organic and conventional almonds, includes all sizers, sorters, x-rays, and other processing equipment required for operation. The improvements consist of a 77,056 sq. ft. processing building and a 180 sq. ft. pump house, both constructed in 2014. The processing building includes an executive office environment with high-quality finishes suitable for leadership and client meetings, a cooled finished goods room, freon cooled large cold storage, and a freezer. The pump building houses the pump, motor, and controls for the fire suppression system. Site improvements include roof-mounted solar, an extensive concrete paved parking area and drive lanes, perimeter fencing, a truck scale, a recessed truck loading dock, a stormwater evaporation pond, well, septic system, security system, bin drying system with canopy, a fire suppression system with a 24,000-gallon water storage tank, a trash bin enclosure, and landscaping. The property includes sizing, precleaning, mechanical, and hand sorting lines, along with packing equipment. Additional equipment includes a bin drying system, air compressor, forklifts, approximately 9,700 one cubic yard bins, a new computer network, new computers, and ALMADS inventory/sales tracking software. Water for domestic and facility uses is provided by a private well, and sewage disposal is provided by a private septic system.
Key Highlights
- Turnkey Almond Processing Facility: Includes all equipment necessary for immediate operation.
- Modern Processing Building: Features a +/-77,056 sq. ft. building with executive offices, cooled finished goods room, large cold storage, and freezer.
- Extensive Processing Lines: Equipped with sizing, precleaning, mechanical sorting, hand sorting, and packing lines.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$995,968
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$19,919,360
$19.9M
Cap Rate 7%
$14,228,114
$14.2M
Cap Rate 9%
$11,066,311
$11.1M
Market Conditions
NOI Build-Up for 77,056 SF
Gross rent
$1.51M $19.56/SF
− Vacancy
−$84.4K −$1.10/SF
EGI
$1.42M $18.46/SF
− OpEx
−$426.8K −$5.54/SF
NOI
$996.0K $12.93/SF
Area
Fresno County, CA
Vacancy
5.60%
Lease Rate
$19.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$19,919,360
Cap Rate 7%
$14,228,114
Cap Rate 9%
$11,066,311
Alternative Uses
Best Use
Industrial
$14.23M
$12.45M – $16.60M
NOI $995,968 @ 7.0% cap · market cap 6.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$21.84M
$19.11M – $25.48M
NOI $1,528,771 @ 7.0% cap · market cap 9.55%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
4
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Demographics for 93630, CA
21,103
Population
6,265
Households
3.4
Avg Household Size
31
Median Age
15%
College-Educated
60%
High-School Grad
162.2 sq mi
ZIP Area
130
Density / Sq Mi
$60,388
Median Household Income
$34,489
Median Earnings
$1,187
Median Rent
$343,400
Median Home Value
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Market
Properties on Market for Farms in Fresno County
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Farm - Almond processing facility in Kerman, CA with extensive equipment.
Where is this farm located?
The property is located at 1750 N Siskiyou Ave Kerman, CA.
What is the asking price?
The asking price for this property is $16,000,000.
What are key features of this property?
This property features: Turnkey Almond Processing Facility: Includes all equipment necessary for immediate operation.; Modern Processing Building: Features a +/-77,056 sq. ft. building with executive offices, cooled finished goods room, large cold storage, and freezer.; Extensive Processing Lines: Equipped with sizing, precleaning, mechanical sorting, hand sorting, and packing lines.
