Property profile

0 Palazzo Rd Dos Palos, CA 93635

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 252.21-acre property in Merced County, California, presents a unique investment opportunity in fertile agricultural land. Located at 0 Palazzo Road, Los Banos, CA 93635, this expansive parcel boasts premium water rights from the San Luis Canal Company (SLCC), renowned for its reliable water supply even during severe droughts. The property comprises five parcels, three of which are currently under cultivation. Field 1 (107 acres) and Field 2 (81 acres) are currently planted with second-year alfalfa, while Field 3 (73 acres) is dedicated to cotton production. The SLCC's pre-1914 appropriative water rights ensure a consistent and dependable water source, a crucial asset for successful farming operations in this region. The property's strategic location in Dos Palos, within Merced County, offers convenient access to transportation routes and essential agricultural services. This is an exceptional opportunity to acquire a highly productive and well-watered agricultural property with significant long-term potential. The asking price is $6,557,460. The property is classified as agricultural and manufacturing land.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

Palazzo Rd Dos Palos, CA 93635
Dos Palos metro
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Value estimations

Realmo proprietary · 4 methods
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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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