Property profile

11231 Manning Ave Selma, CA 93662

OFF-MARKET
Land
Property ID
US10-3006673
154.35 ac lot
Individually Owned 1-yr Hold
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Property summary

AI-generated overview

This exceptional 154.35-acre agricultural property in Selma, CA, presents a lucrative investment opportunity. Located at the southeast corner of Manning Avenue and South Del Rey Avenue, the land boasts a strategic location within Fresno County (APN: 358-032-02S). The orchard features a balanced planting of 50% Nonpareil and 50% Monterey almonds, established in 2016 with a 22' x 16' spacing. The soil composition is predominantly Grade 1, with approximately 37.4% Hanford fine sandy loam, 25.1% Hanford sandy loam, 19.6% Delhi sand, and 17.9% Delhi loamy sand (0-3% slopes, MLRA 17). Water resources are secured through the Consolidated Irrigation District and Central Kings GSA, supplemented by a 100HP agricultural well. The property is zoned AE20. Prospective buyers should be aware of the Sustainable Groundwater Management Act (SGMA) and its implications for groundwater pumping, details of which can be found on the SGMA website. This property offers a compelling combination of location, established plantings, and robust water infrastructure, making it an ideal acquisition for experienced agricultural investors. The asking price is $6,174,000.

Property profile

Verified
Property type Land
Lot 154.35 ac (6,723,486 SF)
UPID US10-3006673

Cap rate & NOI

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

Location

11231 Manning Ave Selma, CA 93662
Selma metro
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Value estimations

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Owner & transaction history

since 2024
3 recorded transactions
2024
Price N/A
2024
Price N/A
2021
Price N/A

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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