0 236.39 Acs. Adams Ave Almonds & Pistachios Mendota, CA 93640
This exceptional 236.39-acre agricultural property in Fresno County, California, presents a lucrative investment opportunity. Located on Adams Avenue in Mendota, CA 93640 (APN: 028-050-28s & 43s), the land is currently cultivated with a thriving mix of almond and pistachio trees. Approximately 40 acres are dedicated to pistachios, planted in 2006 with a 19' x 17' spacing. The pistachio rootstock is UCB-1, grafted to Kerman and Peters (male) varieties. The remaining 200 acres are planted with almonds, also established in 2006. This almond acreage is split evenly between Nonpareil (18' x 22' spacing) and Monterey (22' x 16' spacing) varieties. The property boasts two water sources, ensuring reliable irrigation for optimal crop production. Offered at $7,140,000 ($30,204/acre), this turnkey operation provides immediate income potential and significant long-term growth prospects. The property's location in the heart of California's agricultural region offers easy access to processing facilities and major transportation routes. This is a rare opportunity to acquire a well-established, high-producing orchard with excellent potential for future expansion and profitability.
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
Property description
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Costs & Benchmarks
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Risks
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