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    2011 Foothill Rd New Cuyama, CA 93254

    For Sale
    $6,999,999

    340-Acre Agricultural Land, CA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 340-acre agricultural property, located at 2011 Foothill Road in New Cuyama, Santa Barbara County, California (zip code 93254), presents a unique investment opportunity. Currently zoned A-2, this expansive land boasts 95 acres dedicated to cannabis cultivation, complete with a land use permit allowing for hoop houses. The property's arid climate offers ideal growing conditions, minimizing risks of powdery mildew and botrytis, while the well-drained soil promotes rapid root development and faster growth. Two existing houses and additional outbuildings provide ample space for owners and caretakers. Essential utilities, including water and power, are readily available on-site. The property's APN is 149-160-001, 149-160-262. This significant holding is situated in the heart of Santa Barbara County's agricultural region, known for its diverse crops and thriving cannabis industry. The asking price for this remarkable property is $6,999,999. Directions: From Highway 101 North, turn right onto Highway 166 East towards Maricopa, then to Cuyama. Turn right onto Kirschenmann Road (2.4 miles), then right onto Foothill Road. The property is on the left. This is a rare chance to acquire a large-scale, established cannabis operation in a prime location.

    Property Features for 2011 Foothill Rd

    General Information

    Property type
    Farms
    Lot Size
    14,810,400 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    New Cuyama
    County
    Santa Barbara
    State
    California
    Longitude
    -119.8005027
    Latitude
    34.973386

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    FAQs

    What type of property is this?
    Farm - 340-Acre Agricultural Land, CA
    Where is this farm located?
    The property is located at 2011 Foothill Rd New Cuyama, CA.
    What is the asking price?
    The asking price for this property is $6,999,999.
    Request Owner's contact information
    2011 Foothill Rd New Cuyama, CA 93254
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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

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    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
    2011 Foothill Rd New Cuyama, CA 93254
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