0 Turner Is Rd Los Banos, CA 93635
Exceptional opportunity to acquire 2,059.09± acres of prime agricultural land in Los Banos, CA, within the desirable Exchange Contractors District. This expansive property, zoned A-1, consists of three distinct farming units: a 402.80± acre block, a 617.50± acre block, and a 1,038.79± acre block. Currently utilized for cultivating a variety of field crops, including tomatoes and cotton, the land benefits from a sophisticated irrigation system. This includes filter stations with booster pumps delivering water via drip irrigation to each field. Two irrigation pumps and wells provide a reliable water source. The property's location in Merced County, at Turner Island Rd., Los Banos, CA 93635 (APN available upon request), offers convenient access and significant agricultural potential. The asking price for this exceptional investment opportunity is $61,772,700. This is a rare chance to own a substantial, well-irrigated agricultural holding in a highly productive region.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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