0 Mc Combs Rd Wasco, CA 93280
This exceptional 308.22-acre agricultural property in Wasco, California, presents a lucrative investment opportunity. The land, located in Kern County (APN: 069-271-32 and 33) and zoned A (Exclusive Agricultural), boasts 297.85 acres of almond orchards, supplemented by approximately 14.51 acres of licensed planting area. The property benefits from a well with a reservoir and filter station, ensuring efficient irrigation via a well-appointed fanjet system. Water rights include 160 acres of contract entitlement (3.5AF/ac) through turnout S-242, totaling 560 acre-feet, and an additional 148.2 acres of non-contract service through turnout S41T. The Semi-Tropic Water Storage District (STWSD) provides water, with associated charges detailed in the 2024 STWSD levee assessment. Further enhancing the property's value are a 125HP electric booster pump, gypsum silo, and 12 sand media filters. While a 125HP electric well pump is currently idle, it presents potential for future restoration. This productive land offers significant income and tax benefits, making it an attractive investment for discerning buyers. The asking price is $5,100,000, translating to $16,546 per acre. The property is conveniently located on McCombs Rd, Wasco, CA 93280.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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