0 Road 168 Tulare, CA 93292
This 19.9-acre agricultural property, located at the northeast corner of Avenue 304 and Road 168 in Visalia, CA (APN: 111-010-008), is planted with approximately 20-year-old Vina walnuts. Access is via a driveway on Avenue 304. The property features a 15HP submersible well (installed 2020), approximately 350 feet deep with the pump set at approximately 150 feet, providing water for flood irrigation. Soil composition is approximately 84.3% Grade 2 Grangeville sandy loam (0-2% slopes) and 15.7% Grade 1 Nord fine sandy loam (0-2% slopes). The property is within the Kaweah Delta Water Conservation District and the Greater Kaweah GSA. Please be aware of the Sustainable Groundwater Management Act (SGMA) and its potential impact on groundwater pumping. A small portion of neighboring land, farmed by the seller, is not included in this sale. The property is being offered at $597,000. This is a unique opportunity to acquire a productive walnut orchard in a desirable location. Further details regarding SGMA can be found at the provided website.
Cap rate
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