0 Wildwood Rd Wasco, CA 93280
This exceptional investment opportunity presents 584.07± acres of prime agricultural land in Wasco, California, within Kern County. The property, known as the Matador Ranch, boasts 574.72± acres planted with almonds, representing a significant income-generating asset. The orchard benefits from four wells, a reservoir, and a filter station housed in a steel-framed metal building. Water access is secured through two meters providing non-contract water from the Semi-Tropic Water Storage District (STWSD). The property's infrastructure includes a well-appointed reservoir and a fan jet irrigation system, ensuring efficient water management. The productive soils contribute to the orchard's high yield potential. The young almond plantings offer significant future growth and income potential. The property's A (Exclusive Agricultural) zoning ensures its continued use for agricultural purposes. The asking price is $9,052,000, translating to $15,498 per acre. The property's location is easily accessible via Wildwood Rd, Wasco, CA 93280 (APN: 059-290-09). This investment offers substantial income and tax benefits, making it an attractive opportunity for discerning agricultural investors. The pump back meters into the Semi-Tropic WSD further enhance the property's operational efficiency and water management capabilities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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