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    16029 Avenue 136 Tipton, CA 93272

    Sponsored
    For Sale
    $24,500,000

    High-Yielding Almonds, Multiple Water Sources

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 685.67-acre agricultural property in Tipton, CA, offers a compelling investment opportunity. Located near Highway 99, the land encompasses nine parcels (APN: 300-130-002, 015, 016, 025 & 300-080-021, 022 & 300-140-001, 002, and 020) and features approximately 425.5 net acres of high-producing almond orchards. The almond varieties include 50% Nonpareil, 25% Monterey, and 25% Wood Colony. An additional 230 acres consist of alfalfa, oats, three-way forage, and a sand pit. The property boasts multiple water sources, including six irrigation wells and surface water access via the Lower Tule River Irrigation District. Irrigated by a sophisticated system of canal lift pumps, reservoirs, booster pumps, filter stations, and fan jet systems, the property benefits from Class 1 soils (per USDA California Revised Storie Index). The property is zoned AG (Exclusive Agriculture) and presents long-term income potential and potential tax benefits. The asking price is $24,500,000 ($35,731/acre), cash at close of escrow. Note: The Sustainable Groundwater Management Act (SGMA) may impact future water usage. Further details are available upon request.

    Property Features for 16029 Avenue 136

    General Information

    Property type
    Farms
    Lot Size
    29,867,785 SF

    HighLights

    • $24,500,000 asking price for 685.67 acres.
    • 685.67‑acre agricultural property in Tipton, CA, designated as AG zoning.
    • Includes 425.5 net acres of almonds and approximately 230 acres of other crops and open land.
    • Features six irrigation wells and Lower Tule River Irrigation District water rights.
    • Property consists of nine parcels with APNs: 300‑130‑002, 015, 016, 025 & 300‑080‑021, 022 & 300‑140‑001, 020.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hofstee Farms Farm RJ Ag, llc Agricultural Machinery Manufacturer

    Map

    City
    Tipton
    County
    Tulare
    State
    California
    Longitude
    -119.2139388
    Latitude
    36.0364183

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    FAQs

    What type of property is this?
    Farm - High-Yielding Almonds, Multiple Water Sources
    Where is this farm located?
    The property is located at 16029 Avenue 136 Tipton, CA.
    What is the asking price?
    The asking price for this property is $24,500,000.
    What are key features of this property?
    This property features: $24,500,000 asking price for 685.67 acres.; 685.67-acre agricultural property in Tipton, CA, designated as AG zoning.; Includes 425.5 net acres of almonds and approximately 230 acres of other crops and open land.
    Request Owner's contact information
    16029 Avenue 136 Tipton, CA 93272
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    Tipton, CA 93272
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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
    16029 Avenue 136 Tipton, CA 93272
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