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Property profile & analytics
OFF-MARKET
Land

0 Wallace Rd Delano, CA 93215

187.83 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 187.83-acre agricultural property in Delano, California, presents a compelling investment opportunity. Located in Kern County, with APN 050-100-07, 08 and zip code 93215, this land is zoned A (Exclusive Agricultural). The property boasts productive soils and benefits from the SSJMUD district and well water, ensuring reliable irrigation. Currently, 91.63 acres feature established root stock cut with trellis, while 86.81 acres will be open farmland upon escrow closure. The surrounding area thrives with diverse agricultural activities, including citrus, blueberries, almonds, pistachios, table grapes, and various field and row crops. This property offers significant re-development potential with reusable infrastructure already in place, adding to its considerable value. The $3,519,000 asking price translates to $18,735 per acre. Significant tax benefits are also associated with this land. This is a rare chance to acquire a substantial and versatile agricultural holding in a highly productive region of California. The property is situated on Wallace Rd, Delano, CA 93215.

Property profile
Verified
Property type Land
Lot 187.83 ac (8,181,875 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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