Palm Ave Wasco, CA 93280
- Land
- 236.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Palm Ave
- Lot size
- 236.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 236-acre property, located north of the intersection of N Palm Avenue and Blankenship Avenue in Wasco, CA (west of Highway 43), presents a unique investment opportunity. The land comprises approximately 79 acres of Nonpareil/Monterey almond orchards and 157 acres of open land. Irrigation is supported by a 250 HP electric well equipped with a sand media filter and dual line delivery system (drip and micro-sprinkler). The northern 79.64 acres fall within the North Kern Water Storage District and its GSA, while the southern 156.36 acres are situated in the Pond Poso Improvement District and the Semitropic Water Storage District GSA. The property's legal description includes Kern County APNs: 059-210-45, 059-251-32, 059-251-28, and 059-251-31. Detailed soil information is available in separate soil map and description documents. Prospective buyers should be aware of the Sustainable Groundwater Management Act (SGMA) and its implications for groundwater pumping, including the requirement for groundwater basins to be sustainable by 2040 and the development of Groundwater Sustainability Plans (GSPs) by 2020. Further information on SGMA can be found at the state website. This property offers significant potential for agricultural production and future development. The asking price is $5,000,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wasco
- County
- Kern
- State
- California
- Longitude
- -119.349
- Latitude
- 35.6668
