0 Nwc Of Lassen & Davis Avenues Five Points, CA 93627
This exceptional 481.65-acre vineyard in Fresno County, California, presents a lucrative investment opportunity. Located at the northwest corner of Lassen and Davis Avenues, approximately two miles south of Helm (zip code 93627), this property boasts 432.5 acres of French Colombard wine grapes planted in 2007 with 9.5' x 7' spacing and a comprehensive irrigation system. The vineyard benefits from a reliable water source through the Stinson Water District, including ditch stock and a robust pumping infrastructure: one 400 HP irrigation pump, one 150 HP lift pump, and one 25 HP ditch pump, along with a reservoir and filter station. The entire ranch utilizes drip irrigation for optimal water management. A significant advantage is the existing grape contract with a major winery, ensuring consistent revenue generation. The property's APN is 050-050-70s. The asking price is $12,050,000, translating to $25,018 per acre. This turnkey operation offers immediate income potential and long-term growth prospects in the thriving California wine industry. The property is conveniently located near Five Points.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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