99 Fowler Hwy Fowler, CA 93625
This exceptional 37.32-acre commercial land parcel presents a compelling development opportunity in Fowler, California. Strategically located off Highway 99, this property boasts convenient freeway access and proximity to a planned school site and a new 143-lot residential development currently under construction by K Hovnanian. The site is designated as low-density residential in the City of Fowler General Plan, offering significant potential for various residential or mixed-use projects. Currently planted with nine-year-old Nonpareil almond trees (with Wood Colony and Aldrich pollinators), the 2025 almond crop is negotiable with reimbursement of cultural costs. The property features a well-established irrigation system, including a 15 hp turbine motor and a deep well (190 feet deep, 120-foot standing water level) drilled in 2005, complete with a booster pump for drip lines. A small wooden storage structure is also situated on the property. The soil composition consists of 71% Grade 1 Hesperia sandy loam and the balance Grade 2. The property is not subject to a Williamson Act contract and is located within the Consolidated Irrigation District, ensuring access to vital water resources. This prime location near parks and established residential areas makes this a truly unique investment opportunity. APN: 345-070-05, 345-070-06. Asking price: $3,545,400 ($95,000/acre).
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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