Property profile

0 Ca-43 Hanford, CA 93242

OFF-MARKET
Land
47.12 ac lot
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Property summary

AI-generated overview

This exceptional agricultural property encompasses approximately 47.12 assessed acres of high-producing, nine-year-old almond trees situated in the desirable Laton, CA farming region. Conveniently located on State Highway 43 and Denver Avenue, this orchard boasts a diverse mix of almond varieties: 50% Nonpareil, 25% Monterey, and 25% Aldrich. The property benefits from excellent Grade 1 nord fine sandy loam soil, ensuring optimal growth conditions. Irrigation is facilitated by a dual-line drip system supported by two agricultural wells and sand media tanks. Water rights are secured through the Kings County Water District and the Mid-Kings River GSA. The property includes significant Kings River frontage (approximately 3,800 feet). Legal descriptions include Kings County APNs 002-130-021 and 002-130-020. Potential buyers should be aware of the Sustainable Groundwater Management Act (SGMA) and its implications for groundwater pumping, details of which can be found on the SGMA website. Detailed production records are available upon request. This picturesque almond ranch presents a compelling investment opportunity in a prime agricultural location. The asking price for this remarkable property is $1,500,000.

Property profile

Verified
Property type Land
Lot 47.12 ac (2,052,547 SF)

Cap rate & NOI

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

Location

Ca-43 Hanford, CA 93242
Hanford metro
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Value estimations

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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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