Almond Processing Facility on 19.72
For Sale
Contact for pricing
1750 N Siskiyou Ave, Kerman, CA 93630
Almond processing facility in Kerman, CA with extensive equipment.
Property Size77,056 SF
Lot Size19.72 Acres
Price / SF$207.64
Days on Market169
Property Features for 1750 N Siskiyou Ave
General Information
Standard status
Active
Size
77,056 SF
Class
A
Lot size
19.72 Acres
Property subtype
Industrial
Zoning
AE-20
Building Details
Year Built
2014
Listing Agency:
Schuil Ag Real Estate
Listed By:
Brandon Morris · License #CA 01960077
Source:
Crexi
Added: Feb 24
Changed: Aug 8
Last Checked: Aug 11 at 3:46PM
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
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$995,968
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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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.
