Property profile

0 Clovis Ave Laton, CA 93242

OFF-MARKET
Land
180 ac lot
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Property summary

AI-generated overview

This exceptional 180-acre property located in Fresno County, California, presents a unique investment opportunity. Situated on E Clovis Ave, Laton, CA 93242 (APN: 056-020-25S), this expansive land parcel is zoned for both commercial and agricultural use. The asking price is $3,600,000, translating to a competitive $20,000 per acre. Currently, the land boasts diverse plantings: 90 acres of established alfalfa, 45 acres of wheat, and 45 acres dedicated to early corn. The property benefits from a robust irrigation system, including two 150 HP water wells serviced by the Laguna Irrigation District (contact the district directly for detailed information). A solar power system is already installed, reducing operational costs and promoting sustainability. This versatile property offers significant potential for various agricultural ventures or commercial development, making it an attractive investment in a prime location within Fresno County. The property's size, existing infrastructure, and diverse plantings make it a highly desirable asset for both established and emerging agricultural businesses. Serious inquiries are encouraged.

Property profile

Verified
Property type Land
Lot 180 ac (7,840,800 SF)

Cap rate & NOI

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

Location

Clovis Ave Laton, CA 93242
Laton metro
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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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