Tejon Hwy Arvin, CA 93203
- Land
- 1,153.27 lot acres
Current Use by Public Records
- Land
Property Details for 0 Tejon Hwy
- Lot size
- 1,153.27 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
Exceptional investment opportunity: The 800-318 Ranch encompasses 1,153.27 acres of prime agricultural land in Arvin, California (Kern County, zip code 93203), consisting of eleven contiguous parcels (APN numbers: 189-352-17, 446-010-13, 446-010-14, 446-010-15, 446-010-21, 446-010-22, 446-010-23, 446-010-32, 446-010-53, 446-010-64, 446-010-67). The property features a high-yielding pistachio orchard with 415 acres planted in 2012 (Kerman variety) and 613.8 acres planted in 2015/2016 (Golden Hills variety). An additional 124.47 acres remain open. Water resources are abundant, including three wells with an estimated combined pumping capacity of 6,676 gallons per minute (35 acre-feet per day), two reservoirs (43 acre-feet and 29 acre-feet capacity), and access to the Arvin Edison Water District's surface water supply. The ranch also boasts a state-of-the-art 1 MW solar system, significantly reducing energy costs and promoting sustainable practices. Existing improvements include a versatile shop with cover, two older residences, a canopy, and a functional shed. The property is zoned AG. Asking price is $37,961,000. Seller may consider short-term financing. All information is deemed reliable but not guaranteed.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Arvin
- County
- Kern
- State
- California
- Longitude
- -118.82
- Latitude
- 35.1711
