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Property profile & analytics
OFF-MARKET
Land

0 Road 128 Earlimart, CA 93219

160 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 160-acre almond orchard is situated southwest of the intersection of W White Rock Avenue (Avenue 40) and Howard Road (Road 128) in Earlimart, California. The property boasts mature almond trees, with approximately 30 acres planted in 1994 (50% Butte and 50% Mission almonds on hybrid rootstock), 40 acres planted in 1998 (50% Butte and 50% Padre almonds on hybrid rootstock), 26 acres planted in 2010 (66% Nonpareil and 33% Fritz almonds on hybrid rootstock), and 49.64 acres planted in 1993 (50% Butte and 50% Padre almonds on hybrid rootstock). Irrigation is facilitated by a deep agricultural well (approximately 650 gpm) drilled in the 1970s, recently upgraded bowls, two 20HP booster pumps, and a double-line drip irrigation system. The property is within the Delano-Earlimart Irrigation District and its GSA. Improvements include a home and a shop located in the northeast corner. Soil quality is exceptional, with approximately 51.3% Grade 1 (Akers-Akers, saline-sodic, complex, 0-2% slopes), 33.5% Grade 2 (Gareck-Garces association, 0-2% slopes), and 15.2% Grade 1 (Attesh-Jerryslu association, 0-2% slopes). The property's legal description includes Tulare County APNs 337-030-008 and 337-030-009. Note that the Sustainable Groundwater Management Act (SGMA) mandates groundwater sustainability by 2040 and requires Groundwater Sustainability Plans (GSPs) by 2020, which may impact groundwater pumping. Further details on SGMA are available at the provided website. The asking price for this productive agricultural property is $5,280,000.

Property profile
Verified
Property type Land
Lot 160 ac (6,969,600 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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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