Property profile

404A Kern County Almonds- Rnch Joe Walker Town, CA 93518

OFF-MARKET
Land
995.11 ac lot
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Property summary

AI-generated overview

Exceptional investment opportunity: a 995.11-acre agricultural property in Kern County, California (APN: 058-292-16, and 059-160-54, 56 and 67), located near Joe Walker Town, zip code 93518. This land is zoned A (Exclusive Agriculture) and boasts 797.2 acres of established almond orchards in full production, generating significant income. An additional 123.6 acres of farmable land offers expansion potential. The property includes a fenced equipment yard and a steel-framed shop, providing ample storage and workspace. Water resources are secured through a contract with Semi-Tropic Water Storage District and five on-site wells, ensuring reliable irrigation. The productive soils contribute to high yields, further enhancing the property's profitability. This offering presents a unique combination of established income, development potential, and tax advantages, making it an attractive investment for agricultural entrepreneurs. The property's location in the desirable farming area of Wasco, CA, adds to its appeal. This is a turnkey operation ready for immediate income generation and future growth. The asking price is $14,000,000, translating to $14,069 per acre.

Property profile

Verified
Property type Land
Lot 995.11 ac (43,346,992 SF)

Cap rate & NOI

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

Location

404A Kern County Almonds- Rnch Joe Walker Town, CA 93518
Joe Walker Town metro
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Value estimations

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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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