Property profile

0 Side Of Grntland Ave Riverdale, CA 93656

OFF-MARKET
Land
94.54 ac lot
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Property summary

AI-generated overview

This exceptional 94.54-acre agricultural property in Riverdale, CA, presents a remarkable investment opportunity. Located conveniently 3 miles west of Riverdale, easily accessible from the intersection of Mt. Whitney Avenue and Grantland Avenue (1.2 miles south on Grantland Avenue, west side of the road), this expansive parcel boasts predominantly Temple loam soil (approximately 95.9%), with a smaller portion of Temple clay loam (approximately 4.1%), exhibiting saline-alkali characteristics. The land is designated as open farm ground and benefits from a dual water source: surface irrigation via the Riverdale Irrigation District and a robust 200 HP irrigation well equipped with a variable-frequency drive, ensuring reliable water supply for optimal agricultural production. The property's Fresno County APN is 053-100-42S. This sizable tract offers significant potential for various agricultural uses, making it an attractive acquisition for discerning investors seeking a productive and well-situated farmland investment in the fertile lands of Fresno County. The asking price is $1,700,000.

Property profile

Verified
Property type Land
Lot 94.54 ac (4,118,162 SF)

Cap rate & NOI

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

Location

Side Of Grntland Ave Riverdale, CA 93656
Riverdale 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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