Property summary
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.
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