0 Garces Hwy Wasco, CA 93280
This expansive 100-acre agricultural property is situated southeast of the intersection of Garces Highway and Dairy Avenue in Wasco, California. Please note that portions of Garces Highway are currently closed due to flooding, resulting in limited access to the property. The land is classified as open land, with approximately 100 assessed acres. The soil composition is predominantly Nahrub, Drained-Lethent Complex. Water resources are available through the Semitropic Water Storage District and the Kern Groundwater Authority GSA. It's important to be aware of the Sustainable Groundwater Management Act (SGMA), which mandates groundwater basin sustainability by 2040 and requires Groundwater Sustainability Plans (GSPs) by 2020. These plans may impose limitations on groundwater pumping. Further details regarding SGMA can be found at the official website. The property's Kern County Assessor's Parcel Number (APN) is 046-200-16. This offering presents a significant opportunity for agricultural development or investment in a prime location, subject to the current access limitations and SGMA regulations. The asking price for this substantial parcel is $400,000.
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
Physical attributes from public recordsZoning & alternative use
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.