Property profile

40 Rd Alpaugh, CA 93201

OFF-MARKET
Land
2267.57 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 2267.57 ac (98,775,349 SF)

Cap rate & NOI

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

Location

40 Rd Alpaugh, CA 93201
Alpaugh metro
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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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