Property profile

Manning Cor Fowler, CA 93662

OFF-MARKET
Land
57.18 ac lot
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Property summary

AI-generated overview

This exceptional 57.18-acre agricultural property, located at the southwest corner of Manning Avenue and South Del Rey Avenue in Selma, California (zip code 93662), presents a lucrative investment opportunity. The orchard boasts high-quality Independence almonds planted in 2021 with a 22' x 13' spacing. The land is characterized by excellent Grade 1 soils, approximately 62% Hanford fine sandy loam and 36% Hanford sandy loam. Water resources are secured through the Consolidated Irrigation District (CID) and the Central Kings GSA, supplemented by a robust 30HP agricultural well and a CID lift pump. The property's legal description includes Fresno County APNs 358-021-53 and 358-021-72. It's important to note the impact of the Sustainable Groundwater Management Act (SGMA), which mandates groundwater sustainability by 2040 and requires Groundwater Sustainability Plans (GSPs). Further details on SGMA regulations can be found on the California Department of Water Resources website. This property offers a compelling combination of productive land, reliable water access, and prime location, making it an attractive investment for experienced agricultural operators. The asking price for this exceptional opportunity is $2,288,000.

Property profile

Verified
Property type Land
Lot 57.18 ac (2,490,761 SF)

Cap rate & NOI

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

Location

Manning Cor Fowler, CA 93662
Fowler metro
Google Maps

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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