40 Rd, Alpaugh, CA 93201
This exceptional agricultural property encompasses approximately 2,267.57 assessed acres located on Road 40 in Alpaugh, CA, between Garces Highway and Center Avenue. The land boasts approximately 2,130 acres planted with the Kerman variety of pistachios on UCB-1 rootstock, established in 2013 with a 20' x 16' spacing. The property features a robust irrigation system utilizing a drip system supported by six wells with a combined estimated capacity of 11,000 GPM, four filter stations, and three reservoirs. Well and pump test data are available upon request. Soil information is also available upon request. The sale includes Tri-County Water Authority Transitional Yield Credits. The property is part of the Tri-County Water Authority GSA – Tule, and is subject to the Sustainable Groundwater Management Act (SGMA). Further details regarding SGMA compliance can be found on the SGMA website. The 2024 pistachio crop is included in the sale, with reimbursement of cultural costs to the seller. Detailed production records are available upon request. The property's legal description includes Tulare County APNs: 330-010-001, 330-050-005, 330-060-002, 330-060-003, 330-060-004, 330-060-005, and 330-060-006.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.