16029 Avenue 136 Tipton, CA 93272
- Commercial real estate
- 685.67 lot acres
Current Use by Public Records
- Hofstee Farms / Farm
- RJ Ag, llc / Agricultural Machinery Manufacturer
Property Details for 16029 Avenue 136
- Lot size
- 685.67 lot acres
- Property type
- Commercial real estate
- APN
- 300-130-002, 015, 016, 025 & 300-080-021, 022 & 300-140-001, 020
Description
This exceptional 685.67-acre agricultural property in Tipton, CA, offers a compelling investment opportunity. Located near Highway 99, the land encompasses nine parcels (APN: 300-130-002, 015, 016, 025 & 300-080-021, 022 & 300-140-001, 002, and 020) and features approximately 425.5 net acres of high-producing almond orchards. The almond varieties include 50% Nonpareil, 25% Monterey, and 25% Wood Colony. An additional 230 acres consist of alfalfa, oats, three-way forage, and a sand pit. The property boasts multiple water sources, including six irrigation wells and surface water access via the Lower Tule River Irrigation District. Irrigated by a sophisticated system of canal lift pumps, reservoirs, booster pumps, filter stations, and fan jet systems, the property benefits from Class 1 soils (per USDA California Revised Storie Index). The property is zoned AG (Exclusive Agriculture) and presents long-term income potential and potential tax benefits. The asking price is $24,500,000 ($35,731/acre), cash at close of escrow. Note: The Sustainable Groundwater Management Act (SGMA) may impact future water usage. Further details are available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tipton
- County
- Tulare
- State
- California
- Longitude
- -119.2139388
- Latitude
- 36.0364183
