Technical
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Property profile

0 Nebraska Ave Caruthers, CA 93609

OFF-MARKET
Land
625.5 ac lot
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Property summary

AI-generated overview

Exceptional investment opportunity: 625.5-acre almond orchard in Raisin City, CA (Fresno County). The property consists of two blocks: Block A (approx. 305.5 acres) planted in 2012 with Nonpareil and Monterey almonds (16' x 22' spacing) and Block B (approx. 320 acres) planted in 2014 with Nonpareil, Monterey, and Fritz almonds (16' x 22' spacing). Irrigation is via a double line drip system, supported by six wells and 125 HP pumps. The orchard is located within the Raisin City Irrigation District and McMullin Area GSA. Legal description includes Fresno County APNs: 041-030-02S and 041-030-18S. The property is enrolled in the Williamson Act. Note: Block A is subject to a partnership agreement and first right of refusal. Detailed soil information is available. The property is subject to the Sustainable Groundwater Management Act (SGMA) and its associated regulations and potential limitations on groundwater pumping. Further information on SGMA can be found at the provided website. Asking price: $13,768,250. Address: W Nebraska Ave & S. Jameson Avenue, Caruthers, CA 93609.

Property profile

Verified
Property type Land
Lot 625.5 ac (27,246,780 SF)

Cap rate & NOI

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

Location

Nebraska Ave Caruthers, CA 93609
Caruthers 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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