Technical
Financial
Distress signals
Property profile

12154 12Th Ave Hanford, CA 93230

FOR SALE
Land
Property ID
US09-0249356
20 ac lot
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Property summary

AI-generated overview

This exceptional 20-acre property in Hanford, CA, presents a unique investment opportunity. Located at 12154 12th Avenue, Kings County, CA 93230 (APN: 018-222-011-000), the land boasts a thriving pistachio orchard planted in 2021 with Golden Hills variety on UCB-1 rootstock. The orchard features an 80/20 split of Randy and Tejon pollinators and benefits from excellent Grade 1 soil composition (approximately 45.3% Nord fine sandy loam, 40.4% Cajon sandy loam, and 14.3% Nord complex). Irrigation is facilitated by a dual-line drip system and a sand media filtration system, supported by two 600-foot agricultural wells (one with a 50 HP turbine pump). Water rights are secured through the Kings County Water District and Mid-Kings River GSA, with access to surface water deliveries from the Last Chance Ditch Company. The property also includes a recently updated (2006) 1,574 sq. ft. home offering three bedrooms, two bathrooms, and a two-car attached garage. An older barn provides additional storage. Note that the property is subject to the Sustainable Groundwater Management Act (SGMA) regulations, requiring groundwater basins to be sustainable by 2040 and mandating Groundwater Sustainability Plans (GSPs) by 2020. Potential buyers should review the SGMA website for further details on groundwater pumping limitations. Asking price: $1,050,000.

Property profile

Verified
Property type Land
Lot 20 ac (871,200 SF)
UPID US09-0249356

Cap rate & NOI

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

Location

12154 12Th Ave Hanford, CA 93230
Hanford 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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