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Property profile & analytics
OFF-MARKET
Land

0 Iona Ave Hanford, CA 93230

158.13 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents +/- 158.13 acres of established peach and nectarine orchards in Hanford, California. The property boasts approximately 75.5 acres of peaches, including varieties such as Summer Flame 29, Zee Rich, Summer Flame 26, Rich Lady, and Spring Flame 22, planted between 2017 and 2021. Additionally, there are approximately 70 acres of nectarines, with varieties like Spring Flare 25, Honey Royal, Zee Fire, and Rose Bright, also planted between 2017 and 2021. The orchard benefits from its location within the Lakeside Irrigation District, supported by two 150HP wells, and a two-year well-sharing agreement with a neighboring property. The soil composition includes approximately 48.7% Kimberlina fine sandy loam (saline-alkali), 41.8% Excelsior sandy loam (Grade 2 - Good), and 9.4% Cajon sandy loam (Grade 1 - Excellent). The property is part of the Greater Kaweah GSA and is identified by Kings County APN: 016-210-024. This is a remarkable chance to acquire a well-established and productive fruit orchard in a prime agricultural location. The asking price is $4,427,640.

Property profile
Verified
Property type Land
Lot 158.13 ac (6,888,143 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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