Technical
Financial
Distress signals
Property profile

13662 2Nd Ave Hanford, CA 93230

OFF-MARKET
Land
Property ID
US09-3066553
240 ac lot
Entity Owned 7-yr Hold
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Property summary

AI-generated overview

Exceptional investment opportunity: a 240-acre almond ranch in Hanford, California (Kings County, zip code 93230, APN 016-240-013 & 016-240-019). This productive property boasts 75 acres of 7th leaf Non-Pareil & Monterey almonds and approximately 154 acres of 9th leaf Non-Pareil, Monterey & Aldrich varieties. The ranch features a robust irrigation system including a poly-lined reservoir with 12 pressure filters, double line drip irrigation, and a fan jet frost protection system. Water sources include three deep wells and access to Evans Ditch when available. The property's location within the Greater Kaweah GSA ensures access to vital water resources. This high-performing ranch achieved a four-year average yield of 2,900 lbs per acre and participated in the Kaweah Delta Water Conservation District 2023 Recharge Program, drawing over 230 acre-feet from Evans Ditch. Offered at $6,120,000 ($27,500/acre). The address is 13662 2nd Ave.

Property profile

Verified
Property type Land
Lot 240 ac (10,454,400 SF)
UPID US09-3066553

Cap rate & NOI

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

Location

13662 2Nd Ave Hanford, CA 93230
Hanford metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2018
5 recorded transactions
2020
Price N/A
2018
Price N/A
2017
Price N/A
2017
Price N/A
2017
$8.2M

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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