Property profile

15410 Excelsior Ave Hanford, CA 93230

OFF-MARKET
Land
330 ac lot
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Property summary

AI-generated overview

This exceptional 330-acre property in Hanford, CA, presents a unique investment opportunity. The Maciel Dairy boasts 290+ acres of prime farmland, ideal for growing feed crops, exhibiting mostly Grade 1 and some Grade 2 soils according to the USDA California Revised Storie Index. The dairy operation itself encompasses 35+ acres and is permitted for 870 milking cows plus feeder stock, featuring a double 12 herringbone milk barn. The property also includes 5+ acres accommodating three modern homes, two older homes, and three mobile homes, serviced by a domestic well. Water resources are abundant, with access to the Kings River and riparian rights, along with one river pump and two 100-horsepower wells, supplemented by a newer well at the dairy. The feed crops are flood irrigated. The property is zoned AG20 and has a Kings County APN: 002-240-003. The asking price is $9,250,000 ($28,030 per acre), cash at close of escrow. A potential buyer may consider a contingent parcel split to purchase the farmland separately from the dairy and houses. Note that the Sustainable Groundwater Management Act (SGMA) is in effect, and potential buyers should familiarize themselves with its implications.

Property profile

Verified
Property type Land
Lot 330 ac (14,374,800 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Production Facility Feed Store

Location

15410 Excelsior Ave Hanford, CA 93230
Hanford 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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