0 5Th Ave, Hanford, CA 93230

This exceptional 80.24-acre agricultural property in Hanford, CA, presents a lucrative investment opportunity. Located on 5th Avenue, between Grangeville Boulevard and Fargo Avenue, the orchard boasts Lost Hills variety pistachios planted in 2021 on UCB1 rootstock, with Tejon and Randy pollinators. Trees are spaced 19' x 17'. Irrigation is secured through a Kings County Water District connection and the Mid-Kings River GSA, supplemented by a well equipped with a 150 HP pump and a lift pump from Settlers Ditch. Legal descriptions include Kings County APNs 014-120-016 and 014-120-017. The property is subject to the Sustainable Groundwater Management Act (SGMA), with groundwater sustainability plans impacting future water usage. Further details on SGMA regulations are available at the official website. This well-maintained orchard offers a compelling combination of young, productive trees and reliable water sources, making it an attractive proposition for experienced agricultural investors. The asking price is $3,610,800.