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Property profile & analytics
OFF-MARKET
Land

740-650 Tuledad Rd Ravendale, CA 96123

23600 ac lot
Property ID
Property summary
AI-generated overview

Exceptional investment opportunity: Dodge Ranch, a sprawling 23,600-acre agricultural property in Lassen County, California, near Ravendale (zip code 96123). This expansive ranch, encompassing approximately 20 square miles, includes 111 assessor's parcels and a substantial 224,971-acre grazing allotment leased from the Bureau of Land Management (BLM), expiring in 2031 with a first right of renewal. Currently operating as a high-quality organic alfalfa farm and cattle operation, the ranch boasts approximately 3,700 acres of irrigated alfalfa, utilizing fourteen pivots (2,928 acres) and 824 acres of flood-irrigated pasture. The existing irrigation system, fed by over 20 wells, reservoirs (Dodge and Buckhorn), creeks, canals, pipelines, and lift pumps, offers significant potential for expansion. The BLM allotment provides approximately 4,452 animal unit months (AUMs). Nine dwellings, including homes, bunkhouses, and a guest house, are situated across four ranch compounds, complemented by numerous outbuildings such as barns, shops, corrals, and storage sheds. The property benefits from inexpensive electricity provided by Surprise Valley Electric via extensive power lines. The ranch's strategic location, abundant water resources, and existing infrastructure present a compelling opportunity for agricultural expansion and diversification, along with recreational pursuits including hunting, off-roading, fishing, and wildlife viewing. The property is zoned for Upland Conservation/Ag Preserve. Asking price: $29,950,000.

Property profile
Verified
Property type Land
Lot 23600 ac (1,028,016,000 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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