2 Cunningham Rd Le Grand, CA 95333
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
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