Property profile

16 Of Excelsior Ave Hanford, CA 93230

OFF-MARKET
Land
80 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 80-acre property in Hanford, California, presents a unique investment opportunity. Located on Avenue 16, south of Excelsior Avenue (APN: 04-080-26 & 27), this Kings County land boasts a blend of productive walnut orchards and open ground, zoned AG20 for General Agriculture. Approximately 50 acres are planted with Chandler Walnuts on Paradox rootstock, ranging in age from 6 to 15 years. The trees are spaced at 25' x 27', with some interplanting in various sections. The soil is predominantly Grade 1, indicating high agricultural potential. The property's irrigation system includes two submersible pumps, ensuring efficient water management. The remaining 30 acres offer versatility for expansion, additional planting, or other agricultural uses. This property is situated in a desirable area, offering excellent access to transportation and local resources. The asking price is $1,840,000. This is an ideal opportunity for an established agricultural investor or someone looking to enter the lucrative California walnut market. The property's combination of mature, productive walnut trees and open land provides significant potential for future growth and profitability. The zip code is 93230.

Property profile

Verified
Property type Land
Lot 80 ac (3,484,800 SF)

Cap rate & NOI

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

Location

16 Of Excelsior Ave Hanford, CA 93230
Hanford metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 16 Of Excelsior Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message