0 Nwc Of Lassen And Davis Avenues, Five Points, CA 93656
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).
Cap rate
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Property description
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