Technical
Financial
Distress signals
Property profile

Section 3 Pond Rnch Wasco, CA 93280

OFF-MARKET
Land
593.1 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 593.1 ac (25,835,436 SF)

Cap rate & NOI

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

Location

Section 3 Pond Rnch 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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