Property profile

0 Shields Ave Firebaugh, CA 93622

OFF-MARKET
Land
160 ac lot
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Property summary

AI-generated overview

This exceptional 160-acre property in Firebaugh, California, presents a unique investment opportunity. The land comprises 80 acres of high-producing almond trees and 80 acres of open ground, offering diverse income potential. The almond orchard boasts a sophisticated irrigation system featuring a filtration system with double drip lines, ensuring optimal water delivery. Water rights are secured through the San Luis Water District. The orchard's tree varieties consist of 50% Nonpareil, 25% Monterey, and 25% Fritz, planted in 2006 with a spacing of 18 x 21 feet. Soil composition is primarily Cerini clay loam (95%) with a smaller portion of Milham sandy loam (5%). The open ground has a history of organic farming. The 2022 yield for this property, combined with an adjoining parcel (sold separately), reached an impressive 2,959 pounds per acre. The property's convenient location near Interstate 5 and the town of Firebaugh provides excellent accessibility. The sale includes the transfer of all production costs paid by the seller through the closing date if escrow closes before the 2023 harvest

Property profile

Verified
Property type Land
Lot 160 ac (6,969,600 SF)

Cap rate & NOI

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

Location

Shields Ave Firebaugh, CA 93622
Firebaugh 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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