0 6 Ave, Alpaugh, CA 93201
This exceptional agricultural property encompasses approximately 1,580.72 assessed acres of prime farmland located in Alpaugh, California, spanning both Kings and Tulare Counties. The land is strategically situated east of 6th Avenue and north of Garces Highway (Kings County portion) and west of Road 40 between Garces Highway and Avenue 56 (Tulare County portion). The property boasts approximately 1,045 acres of Kerman variety pistachios planted in 2014 on UCB-1 rootstock, spaced 20' x 16', in one block, and an additional approximately 374 acres of the same variety and planting specifications in a second block. The remaining acreage consists of open land. The property includes five wells with a combined capacity of 9,265 GPM, equipped with filter stations and reservoirs, and utilizes a drip irrigation system. Well and pump test data are available upon request. The Kings County portion is within the Kings County Water District but receives no surface water allocations; it's part of the Tri-County Water Authority GSA – Tulare Lake. The Tulare County portion is not within a water district but is part of the Tri-County Water Authority GSA – Tule. The sale includes Tri-County Water Authority Transitional Yield Credits. Detailed soil information is available upon request. The property's legal description includes specific Kings County APNs: 046-270-013, 046-270-015, 046-270-033, 046-300-020, 046-310-001, 046-310-007, 046-310-008, 046-310-014, 046-430-030, 046-430-031, and 046-430-045, and Tulare County APNs: 330-050-001, 330-050-002, 330-050-004, 330-150-007, 330-150-008, 330-150-009, and 330-150-011. The 2024 crop is included in the sale, with cultural cost reimbursement to the seller. Production records are available upon request. Note: The property is subject to the Sustainable Groundwater Management Act (SGMA). Further information on SGMA can be found at www.sgma.water.ca.gov/portal/.
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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.