Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    404A Kern County Almonds- Rnch Joe Walker Town, CA 93518
    Back to Search
    Property profile & analytics

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

    View on Map
    • Land
    • 995.11 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 404A Kern County Almonds- Rnch

    Lot size
    995.11 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    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.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Joe Walker Town
    County
    Kern
    State
    California
    Longitude
    -118.44
    Latitude
    35.4009

    Comparable in this City

    • Value Estimation by Request
      2.51 Acres

      Piute Pne Rd

      Farms • 2.51 Acres
      0 Piute Pne Rd, Caliente, CA 93518
      View Details
    • Value Estimation by Request
      40.00 Acres

      40000 Caliente Bodfish Rd

      Farms • 40.00 Acres
      40000 Caliente Bodfish Rd, Caliente, CA 93518
      View Details
    • Value Estimation by Request
      40.00 Acres

      Apn 09519035

      Farms • 40.00 Acres
      0 Apn 09519035, Joe Walker Town, CA 93518
      View Details
    • Value Estimation by Request

      School St

      Farms
      0 School St, Havilah, CA 93518
      View Details
    • Value Estimation by Request
      40.00 Acres

      School St

      Farms • 40.00 Acres
      0 School St, Havilah, CA 93518
      View Details
    • Value Estimation by Request

      Caliente, CA 93518

      MINING, MINERAL, QUARRIES
      Caliente, CA 93518
      View Details

    Similar Nearby for Sale

    • $14,000,000

      Wasco Farmland with Almond Orchard

      995 acre Wasco farm with almonds and planting potential.
      404A Kern County Almonds- Rnch, Caliente, CA 93518
      View Details
    • $250,000
      146.00 Acres

      146 Acres Caliente Land

      146 acres of land in Twin Oaks, California.
      Big Springs Dr, Caliente, CA 93518
      View Details
    • $175,000
      6.97 Acres

      Agricultural Land with Metal Shop

      6.97 acres with shop, well, and septic system.
      4600 Caliente Bodfish Rd, Caliente, CA 93518
      View Details
    • $75,000
      20.00 Acres

      Caliente Land with Hill Top Views

      Private 20-acre parcel with stunning views and utility access.
      Hill Top Rd, Caliente, CA 93518
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    404A Kern County Almonds- Rnch
    Joe Walker Town, CA 93518
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    404A Kern County Almonds- Rnch, Joe Walker Town, CA, 93518
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!