Property profile

5053 Ave Alpaugh, CA 93201

OFF-MARKET
Land
826 ac lot
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Property summary

AI-generated overview

Exceptional investment opportunity: 826-acre dairy farm in Alpaugh, CA, located at 5053 Avenue 88, 93201. This property boasts a substantial operation with approximately 2,000-cow freestall dairy and a Double-40 Parallel milking parlor. The land includes six wells: one with a 250HP turbine, one with a 150HP turbine, one with a 125HP turbine, and three with 75HP submersible pumps. The property is part of the Alpaugh GSA and is comprised of ten parcels with the following Tulare County APNs: 311-040-001, 311-030-001, 311-040-002, 311-040-028, 311-040-010, 311-040-011, 311-040-017, 311-040-015, 311-040-014, and 311-040-012. Detailed soil information is available upon request. Potential buyers should be aware of the Sustainable Groundwater Management Act (SGMA) and its implications for groundwater pumping, including the requirement for groundwater basins to be sustainable by 2040 and the development of Groundwater Sustainability Plans (GSPs) by 2020. Further information on SGMA can be found at the provided website. Asking price: $10,500,000.

Property profile

Verified
Property type Land
Lot 826 ac (35,980,560 SF)

Cap rate & NOI

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

Location

5053 Ave Alpaugh, CA 93201
Alpaugh 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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