0 Santa Fe Grade Los Banos, CA 93635
This expansive 321.7-acre agricultural property in Los Banos, California, presents a unique investment opportunity. Located just east of Los Banos and approximately one mile north of Highway 152, access is via Santa Fe Grade (a gravel road). The land is currently planted with alfalfa and cotton, boasting exceptional Grade 1 soils, approximately 100%, described as Woo clay loam with 0 to 2 percent slopes. The property includes a substantial water infrastructure: a 260-foot well drilled in 2021 with a 75HP pump, a separate 50HP pump and well, and two 7.5HP lift pumps, all situated on the west side. An approximately 1,000 square foot office building is also on the site. The property's zoning is designated as Agricultural/Rural and SR-152 Bypass Corridor within the Los Banos General Plan. The current lease agreement extends until December 31, 2025. The APN numbers are 084-010-003-00, 424-010-080-000, and 073-220-003-00. This property offers significant potential for agricultural production and long-term investment in a desirable location. The asking price is $7,728,000.
Cap rate
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Property description
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