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Property profile & analytics
OFF-MARKET
Land

32717 Kimberlina Rd Bakersfield, CA 93308

844.29 ac lot
Property ID
Property summary
AI-generated overview

Exceptional 844.29-acre agricultural property in Bakersfield, CA, encompassing ten parcels (Kern County APNs 073-230-34, 074-041-17, 18, 19, 23, 26, 28, 30, 31, & 073-250-38) zoned A for exclusive agriculture. The land boasts approximately 630 acres of high-yielding Kerman pistachios (planted in 1981 and 1984, spaced 19x17 ft) and 40 acres of navel oranges (planted in the late 1980s or early 1990s, spaced 20x11 ft). The four-year average pistachio production (2018-2021) was 3,353 pounds per acre, with 2022 yielding 1,012 pounds per acre. The property features two irrigation wells (300HP and 150HP) and benefits from Cawelo Water District deliveries (State Water Project and Kern River entitlements) via a reservoir, booster pump, filter station, and single-line drip irrigation system. Two solar energy systems are included: a 769.5 kW system on Fuente and a 373.35 kW system on Little Creek. Primarily Grade 1 & 2 soils (per USDA California Revised Storie Index; see attached soil map). The property is located at 32717 Kimberlina Rd and near the intersection of Jackson Ave and Quality Rd (approximate address: 16421 Quality Rd, Bakersfield, CA 93308). The asking price is $27,600,000 ($32,690/acre) cash at close of escrow. Individual sale of the Fuente Navels ($3,600,000 or $22,759/acre) and Little Creek Pistachios ($24,000,000 or $34,980/acre) is possible. Note: The Sustainable Groundwater Management Act (SGMA) impacts groundwater usage; refer to https://water.ca.gov/Programs/Groundwater-Management/SGMA-Groundwater-Management for details.

Property profile
Verified
Property type Land
Lot 844.29 ac (36,777,272 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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