Property profile

ca Of Sherwood Ave McFarland, CA 93250

OFF-MARKET
Land
557.05 ac lot
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Property summary

AI-generated overview

This exceptional 557.05-acre agricultural property in Kern County, California, presents a unique investment opportunity. Located south of Sherwood Avenue in McFarland, CA (zip code 93250), this expansive land holding is designated as A (Exclusive Agricultural) zoning. The ranch boasts a thriving organic citrus operation, featuring a diverse selection of varieties including Navel oranges, lemons, grapefruit, Cara Cara Red Navels, and Blood oranges. Two agricultural wells and access to Cawelo Water District surface water provide a dual irrigation system, ensuring reliable water supply. The property is situated within the Cawelo Water District GSA, offering further security and access to water resources. The asking price is $10,026,900, translating to $18,000 per acre. The property's APN is 060-370-53. This large, contiguous block of land represents a rare opportunity to acquire a well-established, certified organic citrus ranch with a proven track record and secure water rights. The property's scale and established infrastructure make it an attractive investment for both experienced agricultural operators and those seeking diversification into the lucrative organic citrus market.

Property profile

Verified
Property type Land
Lot 557.05 ac (24,265,098 SF)

Cap rate & NOI

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

Location

ca Of Sherwood Ave McFarland, CA 93250
McFarland 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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