Property profile

0 Nwc Of Lassen And Davis Avenues Five Points, CA 93656

OFF-MARKET
Land
939.84 ac lot
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Property summary

AI-generated overview

Exceptional investment opportunity: 939.84± acres of prime California farmland in Fresno County, near Five Points (93656), located at the Northwest corner of Lassen and Davis Avenues. This property boasts extensive plantings of pistachios and French Colombard wine grapes, along with a portion of open ground. The 2024 crops are negotiable. Irrigation is provided by a robust system including two 400 HP irrigation pumps and wells, a 350 HP irrigation pump and well, a 150 HP lift pump, a 100 HP lift pump, a 25 HP booster pump, and a 25 HP ditch pump. Two reservoirs and two filter stations further enhance the irrigation infrastructure. The entire ranch utilizes drip irrigation, with the exception of 26.45± acres (APN: 050-050-69s) which relies solely on well water. Water rights are secured through 5 shares of Stinson Water District ditch stock and Westlands Water District (416± acres). The property is zoned AE-40 and features APNs 040-120-27s, 050-050-69s, and 050-050-70s. Asking price is $16,750,000 ($20,748/acre).

Property profile

Verified
Property type Land
Lot 939.84 ac (40,939,430 SF)

Cap rate & NOI

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

Location

Nwc Of Lassen And Davis Avenues Five Points, CA 93656
Five Points metro
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Value estimations

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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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