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Property profile & analytics
OFF-MARKET
Commercial real estate

10470 Gregory Rd Valley Springs, CA 95252

198 ac lot
Individually Owned 5-yr Hold
Property ID
US09-2693365
Property summary
AI-generated overview

Exceptional investment opportunity in Valley Springs, California. This expansive 198-acre agricultural property (APN: 050-017-063, 062, and 061) presents a unique blend of established production and development potential. Currently featuring approximately 5 acres of four-year-old Independence almond trees planted on a double-line drip irrigation system, the land also boasts 40 to 50 acres already prepared for planting. Two agricultural wells and one stock well provide ample water resources, supplemented by a large pond with the potential to irrigate the entire property. A 20 hp pump with filter, used last year for irrigation, is situated near the pond. A well pump test on the westernmost well indicates a capacity of 130 gallons per minute, ideal for solar-powered pond filling. The property is strategically located near existing walnut and almond orchards. Zoned Ag 40, this versatile land offers multiple possibilities, including expansion of existing orchards, development of a vineyard, or creation of three potential hilltop building sites. Lease options are available at a minimum of $600 per acre, with percentage-based options negotiable on a 25-year lease. The lower 94 acres are also available for lease separately. The seller prefers to sell the entire 198-acre parcel, encompassing three parcels, which could be reconfigured through a lot line adjustment. This property presents a compelling opportunity for agricultural production and/or development in a desirable California location. Asking price: $1,950,000.

Property profile
Verified
Property type Commercial real estate
Lot 198 ac (8,624,880 SF)
APN 050-017-063,062 and 061
UPID US09-2693365
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Steven Eric Payne West · 5 yrs held
Steven Eric Payne West
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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