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Property profile & analytics
OFF-MARKET
Land

0 Lake Ave Kerman, CA 93630

Property ID
Property summary
AI-generated overview

This exceptional 80-acre pistachio farm in Kerman, California, presents a lucrative investment opportunity. Planted in 2014 with the Golden Hills variety on UCB-1 rootstock, this orchard boasts a robust irrigation system featuring double drip lines and a filtration system. A new well was installed in 2021, ensuring reliable water access. The property includes two APN numbers: 020-200-29S and 020-200-76S. Note that the Sustainable Groundwater Management Act (SGMA) may impact future groundwater pumping; further information is available at the SGMA website (www.sgma.water.ca.gov/portal/). Conveniently located off Lake Ave, accessible via Jensen Ave from Highway 145, this property offers easy access and significant potential for growth. The property is situated on the west side of Lake Ave, approximately 1.5 miles from the intersection of Jensen Ave and Lake Ave. This turnkey operation is ready for a discerning buyer seeking a profitable agricultural investment in the fertile lands of Fresno County. The asking price is $3,360,000, reflecting a land value of $42,000 per acre. An easement for another well site is recorded on the southeast corner of the adjacent northern property.

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
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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