Property profile

0 Whitebridge Kerman, CA 93630

OFF-MARKET
Land
77.6 ac lot
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Property summary

AI-generated overview

Exceptional investment opportunity awaits with this 77.6-acre farm located in Kerman, California, within Fresno County, zip code 93630. Currently boasting 40 acres of one-year-old Shasta variety almonds, this property offers immediate income potential. The remaining 38 acres provide ample space for expansion of existing crops, additional planting, or grazing. A significant advantage is the presence of a 500-foot deep well, currently producing approximately 1700 gallons per minute. This ensures a reliable water source for irrigation needs. Furthermore, PG&E fees are already covered, eliminating additional startup costs. The property's location in Kerman, CA offers a prime agricultural setting, making it ideal for various farming or ranching ventures. The asking price is $2,200,000, translating to approximately $28,321.32 per acre. This represents a compelling value proposition for those seeking a profitable and established agricultural operation. The property's address is 0 0 Whitebridge.

Property profile

Verified
Property type Land
Lot 77.6 ac (3,380,256 SF)

Cap rate & NOI

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

Location

Whitebridge Kerman, CA 93630
Kerman 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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