36000 Elmo Hwy McFarland, CA 93250
- Land
- 158.69 lot acres
Current Use by Public Records
- Land
Property Details for 36000 Elmo Hwy
- Lot size
- 158.69 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 158.69-acre ranch, located at 36000 Elmo Hwy, McFarland, CA 93250, presents a lucrative agricultural investment opportunity. The property consists of seven parcels (Kern County APNs 060-152-39, 40, 41, 42, 43, 44, 45 & 46) zoned for exclusive agriculture. Approximately 152.73 acres are planted with high-yielding Kerman variety pistachios on Pioneer Gold rootstock, established in 1994 and spaced at 20 x 17 feet. The last four years have shown an average production of 3,371 pounds per acre. Water resources are abundant, featuring a 1500-foot deep irrigation well with a 350 HP electric motor, pumping approximately 1000 GPM, supplemented by Class 1 water from the Southern San Joaquin Municipal Utility District (SSJMUD) via District Turnout 893. The irrigation system includes a reservoir, booster pump, filter station, and drip system. Soil quality is excellent, classified as Class 1 & 2 according to the USDA California Revised Storie Index. The property's strategic location on the southeast corner of Zerker Rd and Elmo Hwy, approximately 4.5 miles east of Highway 99, ensures convenient access. This investment offers long-term sustainable income potential and potential tax benefits. The asking price is $5,792,185, or $36,500 per acre, cash at close of escrow. Note that the Sustainable Groundwater Management Act (SGMA) is in effect, and potential buyers should familiarize themselves with its implications.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- McFarland
- County
- Kern
- State
- California
- Longitude
- -119.15
- Latitude
- 35.6891
