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    5923 Biola Ave Fresno, CA 93723

    For Sale
    $5,225,000

    116 Acres, River Views, Turnkey

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 116.22-acre almond orchard in Fresno County, California, presents a unique investment opportunity. Located on 5923 N Biola Ave, Fresno, CA 93723 (APN: 016-450-82 & 83, 016-390-02s, 26 & 27, 016-450-02s), the property boasts stunning San Joaquin River views and benefits from a USBR Riparian Holding Contract (buyer to verify). The orchard features 40 acres of Nonpareil/Aldrich almonds planted in 2016 and 60 acres of Nonpareil/Monterey almonds planted in 2020, thriving on predominantly Class 2 sandy loam soil. Irrigation is ensured by two deep wells and the Fresno Irrigation District surface supply. The property is zoned AG and is a professionally managed, turnkey operation. The 2024 almond crop may be included with reimbursement of cultivation costs. Two occupied rental homes are also situated on the property

    Property Features for 5923 Biola Ave

    General Information

    Property type
    Farms
    Lot Size
    5,062,543 SF

    HighLights

    • 116.22‑acre almond orchard in Fresno County, CA.
    • Irrigated by two deep wells and Fresno Irrigation District.
    • Stunning San Joaquin River views.
    • 40 acres of Nonpareil/Aldrich almonds (planted 2016) and 60 acres of Nonpareil/Monterey almonds (planted 2020).
    • Includes USBR Riparian Holding Contract (buyer to verify) and two occupied rental homes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Auto Repair Shop Auto Parts Store Food Market Grocery Store Discount Store Wine and Liquor Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -120.0160295
    Latitude
    36.8217104

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    FAQs

    What type of property is this?
    Farm - 116 Acres, River Views, Turnkey
    Where is this farm located?
    The property is located at 5923 Biola Ave Fresno, CA.
    What is the asking price?
    The asking price for this property is $5,225,000.
    What are key features of this property?
    This property features: 116.22-acre almond orchard in Fresno County, CA.; Irrigated by two deep wells and Fresno Irrigation District.; Stunning San Joaquin River views.
    Request Owner's contact information
    5923 Biola Ave Fresno, CA 93723
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    Fresno, CA 93723
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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
    5923 Biola Ave Fresno, CA 93723
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