0 Omaha Ave Avenal, CA 93204
This exceptional 148-acre property presents a unique investment opportunity in Avenal, Kings County, California. Currently utilized for almond cultivation, this land boasts significant development potential. Located within Avenal city limits and designated within the Avenal 2035 General Plan's Primary Sphere of Influence, the property offers strategic advantages for long-term growth. The zoning permits Industrial M2 and Heavy Manufacturing uses, alongside its current agricultural application. Situated within the Westlands Water District and GSA, the land historically utilized a dual-line drip irrigation system. While there are no pumps, wells, or filter systems on the property, access to Westlands Water District resources is a key feature. The property's APN is 036-170-035, and its address is Omaha Avenue, Avenal, CA 93204. This substantial acreage offers a rare blend of established agricultural use and significant future industrial development possibilities, making it an attractive proposition for discerning investors seeking a versatile asset in a strategic location. The asking price for this remarkable property is $1,776,000. This presents a compelling opportunity to acquire a large parcel of land with diverse potential uses within a growing California community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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