12154 12Th Ave Hanford, CA 93230
- Commercial real estate
- 20.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 12154 12Th Ave
- Lot size
- 20.00 lot acres
- Property type
- Commercial real estate
- APN
- 018-222-011-000
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hanford
- County
- Kings
- State
- California
- Longitude
- -119.67274257201
- Latitude
- 36.29552874583