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Property profile

0 Hanawalt Ave Wasco, CA 93280

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 299-acre agricultural property in Wasco, Kern County, California, presents a compelling investment opportunity. Currently planted with approximately 140 acres of wheat (harvesting in May), the land has a history of successful winter wheat and alfalfa cultivation. The property benefits from a substantial water entitlement: 219.55 acres possess approximately 783.16 acre-feet of contract water delivered via two turnouts (2B & 4B) from the Semitropic Water Storage District. A remaining 79.09-acre parcel, while lacking contract water, is designated Noncontract Temporary, allowing access to noncontract surface water when available (Turnout 5BT). Two wells are situated on the property

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

Hanawalt Ave Wasco, CA 93280
Wasco 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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