Property profile

0 Side Of Fahey Rd Gustine, CA 95322

OFF-MARKET
Land
29.9 ac lot
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Property summary

AI-generated overview

This exceptional 29.9-acre property, located on the north side of Fahey Road west of Ingomar Grade in Gustine, California (zip code 95322), presents a unique investment opportunity. Currently utilized as pasture land, this single fenced parcel is zoned for agricultural use and boasts a convenient location in Merced County. The asking price is $600,000, translating to an attractive price per acre of $20,067. Key features include existing perimeter fencing, providing excellent containment for livestock, and a small outbuilding suitable for storage or other agricultural uses. Water resources are supported by a submersible pump and well, ensuring reliable irrigation for pasture maintenance or potential crop cultivation. The property's APN is 070-270-009. This land offers significant potential for various agricultural endeavors, making it an ideal investment for those seeking a productive and well-maintained rural property in a desirable California location. The property's readily available water source and existing infrastructure significantly reduce initial setup costs and allow for immediate utilization. Its convenient location provides easy access to local amenities and transportation routes. This is a rare opportunity to acquire a substantial parcel of agricultural land in a thriving area.

Property profile

Verified
Property type Land
Lot 29.9 ac (1,302,444 SF)

Cap rate & NOI

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

Location

Side Of Fahey Rd Gustine, CA 95322
Gustine metro
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Value estimations

Realmo proprietary · 4 methods
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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
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