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    OFF-MARKET
    Land

    5923 Biola Ave, Fresno, CA 93723

    116.22 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 116.22-acre almond orchard in Fresno County, California, presents a unique investment opportunity. Located on 5923 N Biola Ave, Fresno, CA 93723 (APN: 016-450-82 & 83, 016-390-02s, 26 & 27, 016-450-02s), the property boasts stunning San Joaquin River views and benefits from a USBR Riparian Holding Contract (buyer to verify). The orchard features 40 acres of Nonpareil/Aldrich almonds planted in 2016 and 60 acres of Nonpareil/Monterey almonds planted in 2020, thriving on predominantly Class 2 sandy loam soil. Irrigation is ensured by two deep wells and the Fresno Irrigation District surface supply. The property is zoned AG and is a professionally managed, turnkey operation. The 2024 almond crop may be included with reimbursement of cultivation costs. Two occupied rental homes are also situated on the property

    Property profile
    Verified
    Property type Land
    Lot 116.22 ac (5,062,543 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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