Property profile

145 Of Hwy Kerman, CA 93660

OFF-MARKET
Land
333.98 ac lot
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Property summary

AI-generated overview

Exceptional investment opportunity: a 333.98-acre productive almond orchard situated near San Joaquin, CA, in Fresno County (APN: 030-040-42). This property boasts a sophisticated irrigation system, featuring both drip and flood irrigation capabilities, ensuring optimal water management for the thriving almond trees. The orchard's layout includes approximately 160 acres planted in 2013 with Nonpareil and Monterey varieties on Hansen rootstock, and another 160 acres planted in 2014 with Nonpareil and Independence varieties, also on Hansen rootstock. The land is zoned AE-20, Agricultural Exclusive, with a minimum parcel size of 20 acres. Water is supplied by the Mid Valley Water District. The property is conveniently located on American Ave, west of Hwy 145, in the 93660 zip code, offering easy access to transportation and local amenities. This turnkey operation presents a rare chance to acquire a high-yielding, well-maintained almond orchard in a prime agricultural location. Asking price is $7,013,580.

Property profile

Verified
Property type Land
Lot 333.98 ac (14,548,169 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

145 Of Hwy Kerman, CA 93660
Kerman metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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