Technical
Financial
Distress signals
Property profile

0 Jumper St Wasco, CA 93280

OFF-MARKET
Land
394.47 ac lot
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Property summary

AI-generated overview

Exceptional investment opportunity: a 394.47-acre agricultural property in Wasco, California. This productive land boasts 225 acres of established almond orchards currently in production, generating consistent income. An additional 150 acres offer potential for further agricultural development or water banking. The property benefits from a robust 863.4 kW solar power system, installed in 2016, significantly reducing energy costs and offering substantial tax advantages. Water resources are secured through both non-contract water from the Semi-Tropic Water Supply District (WSD) and three on-site wells, ensuring reliable irrigation. Supporting infrastructure includes an office, shop, equipment yard, and four covered carports. The property's productive soils and strategic location in the desirable Wasco farming area contribute to its high value. The Kern County location, with APN 487-080-03, 06 and 027, offers significant tax benefits. This turnkey operation presents a rare chance to acquire a well-established and profitable agricultural asset with substantial growth potential. Asking price is $4,950,000, with a land value of $12,548 per acre. Zoned A.

Property profile

Verified
Property type Land
Lot 394.47 ac (17,183,113 SF)

Cap rate & NOI

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

Location

Jumper St 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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