Iona Ave Hanford, CA 93230
- Land
- 158.13 lot acres
Current Use by Public Records
- Land
Property Details for 0 Iona Ave
- Lot size
- 158.13 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hanford
- County
- Kings
- State
- California
- Longitude
- -119.492
- Latitude
- 36.2834
