Property profile

CA-63 And Ca-180 Sanger, CA 93657

OFF-MARKET
Land
2970.19 ac lot
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Property summary

AI-generated overview

This exceptional 2,970.19-acre cattle ranch in Fresno County, California, presents a unique investment opportunity. Located near Sanger, CA, with convenient access via CA-63 and CA-180, the property boasts a current annual lease generating approximately $15,000. This lease extends through 2030, with a potential buyout option. Adding significant value, the property hosts multiple cell towers, yielding an estimated $115,000 in annual income. The ranch features two wells, one year-round pond, two seasonal ponds, and numerous springs, providing ample water resources. Importantly, this property is not situated within any irrigation districts or Groundwater Sustainability Areas (GSAs). However, potential buyers should be aware of the Sustainable Groundwater Management Act (SGMA) and its implications for groundwater usage in California. Detailed soil maps are available upon request. The property's APN numbers are 185-041-76, 185-041-02, 185-041-65, 185-041-09, 185-041-06, 160-140-07, 160-140-08, and 160-140-09. The asking price for this income-generating property is $7,499,000. Further information regarding SGMA compliance can be found at www.sgma.water.ca.gov/portal.

Property profile

Verified
Property type Land
Lot 2970.19 ac (129,381,476 SF)

Cap rate & NOI

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

Location

CA-63 And Ca-180 Sanger, CA 93657
Sanger 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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