Property profile

7476 Mount Whitney Ave Laton, CA 93242

OFF-MARKET
Land
38.27 ac lot
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Property summary

AI-generated overview

This exceptional 38.27-acre almond orchard in Laton, California, presents a lucrative investment opportunity. Planted in 2017 with the Independence variety, the trees are spaced 22' x 16' and consistently deliver impressive harvests. Irrigation is via flood, supported by a 450 ft. well with a 60 HP variable speed control pump, and a recently installed domestic well. The property is located within the Laguna Irrigation District, part of the North Fork Kings GSA, though it doesn't receive surface water deliveries. Detailed soil information is available upon request. Adding to the property's value is a circa-1920, approximately 2,265 sq. ft. five-bedroom, one-bathroom rental home, providing additional income potential. Fresno County APNs: 057-040-24 and 057-040-25. Note that the Sustainable Groundwater Management Act (SGMA) mandates groundwater sustainability by 2040, with Groundwater Sustainability Plans (GSPs) required by 2020, potentially impacting groundwater pumping. Further information on SGMA can be found at www.sgma.water.ca.gov/portal/. Production records are available for review. This turnkey property offers a compelling combination of established agricultural production and rental income potential. Contact us to schedule a viewing.

Property profile

Verified
Property type Land
Lot 38.27 ac (1,667,041 SF)

Cap rate & NOI

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

Location

7476 Mount Whitney Ave Laton, CA 93242
Laton 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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