Property profile

0 Houston Ave Lemoore, CA 93245

OFF-MARKET
Land
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 10-acre property in Lemoore, Kings County, California, presents a unique opportunity for agricultural pursuits and tranquil country living. Located on Houston Ave, zip code 93245 (latitude 36.2990776, longitude -119.8806438), this agricultural land is currently utilized as an almond orchard. The property boasts a highly efficient drip irrigation system, ensuring optimal water distribution to crops. Water resources are further enhanced by a substantial 300-foot deep well, equipped with a powerful 10 HP pump capable of delivering an impressive 110 gallons per minute (GPM) with open discharge. This robust water supply is sufficient for both agricultural needs and potential residential development. A convenient water pipeline also traverses the property. The asking price for this remarkable parcel is $230,000. Its peaceful, rural setting offers easy access to the amenities of Lemoore while providing ample space for building a residence, combining the benefits of productive farmland with the serenity of country living. The property is classified as "Agricultural, Other".

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

Houston Ave Lemoore, CA 93245
Lemoore metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Houston Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message