10250 Arno Rd Galt, CA 95632
For Sale
1 / 55
Over 100 acres of income producing ag land located just five miles south of Sky River Casino (Elk Grove) and 1/2 mile east of Hwy 99. Existing NN farm leases in place from two rented houses, two large barns (10 acres each) plus a 50 acre master lease with estimated $10,000+ per month rent at close of escrow with potential for much more. The property offers 10 acres of established pistachio orchards plus two operational wells on each end of the property. The parcel is not enrolled in the Williamson Act, but is located within the Galt Irrigation District and in the path of residential development with possible future annexation by the City of Galt. Rare opportunity to acquire an income farm property with significant upside by increasing rents and holding for future development. Ideal for 1031 exchange buyer with appreciation for the cool Delta breeze and mild climate (no earthquakes or extreme weather).
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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Costs & Benchmarks
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Risks
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