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    12-3/4 Ave Hanford, CA 93230

    Sponsored
    For Sale
    $7,170,000

    281 Acres, Almonds, Walnuts, Farmland

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 281.19-acre agricultural property, located in Hanford, California (zip code 93230), presents a significant investment opportunity. Situated approximately one mile from the Kings River and Kings Country Club in the desirable Laton farming area, this land boasts a rich history, having been under the same ownership since 1948. The property includes 149 acres of established self-pollinating almond orchards, 40.35 acres of walnut orchards, and 66.41 acres of farmland, all benefiting from both district and well water sources. Improvements include a shop building. The property is zoned AG-20 and features Grade 1 soils. The surrounding area is characterized by a mix of high-value residential estates and diverse agricultural operations, including almonds, walnuts, pistachios, stone fruit, blueberries, table grapes, dairies, and various field and row crops. This offering combines superior location, established orchards, open land for potential development, tax benefits, and the advantage of both district and well water, making it an attractive investment in California's thriving agricultural sector. The property's APN numbers are 002-220-005, 013, 072, 074, 094, and 095. The asking price is $7,170,000. The land value is $25,499 per square foot. The property is located at 12 3/4 Ave, Hanford, Kings County, CA.

    Property Features for 12-3/4 Ave

    General Information

    Property type
    Farms
    Lot Size
    12,248,636 SF

    HighLights

    • Prime location.
    • Abundant water supply from district water and a quality well.
    • Established orchards.
    • Undeveloped land suitable for expansion.
    • Exceptional Grade 1 soils.
    • Attractive tax incentives.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hanford
    County
    Kings
    State
    California
    Longitude
    -119.68643491401
    Latitude
    36.404496242547

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    FAQs

    What type of property is this?
    Farm - 281 Acres, Almonds, Walnuts, Farmland
    Where is this farm located?
    The property is located at 12-3/4 Ave Hanford, CA.
    What is the asking price?
    The asking price for this property is $7,170,000.
    What are key features of this property?
    This property features: Prime location.; Abundant water supply from district water and a quality well.; Established orchards.
    Request Owner's contact information
    12-3/4 Ave Hanford, CA 93230
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    Hanford, CA 93230
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12-3/4 Ave Hanford, CA 93230
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