Section 3 Pond Rnch Wasco, CA 93280
This expansive 593.1-acre property in Wasco, Kern County, California (APN: 059-210-13, 059-210-22 & 059-210-23, Zip 93280) presents a unique investment opportunity. Currently zoned AE-20, the land is priced at $8,900 per acre, totaling $5,278,590. The acreage includes a mature vineyard planted with Chardonnay and Rubired wine grapes, encompassing approximately 574.83 acres. Irrigation is secured through Semitropic contract and non-contract surface water, supplemented by well water from shared wells owned by the Semitropic Water District. Beyond viticulture, the property's versatility extends to other agricultural uses, making it suitable for nut crops. This substantial landholding offers significant potential for diverse agricultural ventures, benefiting from established water rights and a prime location in California's fertile agricultural region. The property's size and established infrastructure make it an attractive proposition for large-scale agricultural operations or investors seeking a substantial land investment in a proven agricultural area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.