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Property profile & analytics
OFF-MARKET
Land

2 Cunningham Rd Le Grand, CA 95333

142 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 142-acre agricultural property in Le Grand, California, presents a unique investment opportunity. Currently undergoing orchard removal to prepare for new plantings, this land offers significant potential for various agricultural uses. The property consists of two parcels (APN: 068-010-028-000, 068-230-004-000) zoned A-1, and boasts two agricultural wells, a substantial advantage for irrigation. These wells are integrated with a solar system, minimizing irrigation costs. A modern 50' x 50' steel farm shop provides ample space for equipment storage and maintenance. The property also includes a sizable equipment yard. The land is situated adjacent to over 400 acres of young, developing almond orchards (available for separate purchase), offering potential for expansion or collaboration. The rural setting is ideal for constructing a custom ranch home, and employee housing is available on a separate nearby property. Water rights are eligible for Merced Irrigation District SOI water. Priced at $1,725,000 ($13,380/acre), this property represents a compelling investment in California farmland.

Property profile
Verified
Property type Land
Lot 142 ac (6,185,520 SF)
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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