Property profile

14533 Houston Ave Hanford, CA 93230

OFF-MARKET
Land
Property ID
US09-3281244
28.15 ac lot
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Property summary

AI-generated overview

This exceptional 28.15-acre agricultural property in Hanford, CA, presents a lucrative investment opportunity. Located on the south side of Houston Avenue, between 14th and 15th Avenues, the orchard boasts Nonpareil/Aldrich variety almonds planted in 2004. Irrigation is efficiently managed via a system combining flood and drip irrigation with a fan jet system, drawing water from the Last Chance Water Ditch Company Canal. The property sits within the Kings County Water District and the Mid-Kings River GSA, and also includes a domestic well for the two existing dwellings on the site. Soil composition is predominantly excellent Nord complex (approximately 99.4%), with a small percentage of Wasco sandy loam (approximately 0.6%). The land features a nearly level grade (approximately 100% Grade 1). The property's legal description is identified by Kings County APN: 018-210-013-000. Prospective buyers should be aware of the Sustainable Groundwater Management Act (SGMA) and its implications for groundwater pumping. Further details on SGMA can be found at the provided website. This property offers a unique blend of agricultural productivity and existing infrastructure, making it an attractive investment in California's fertile Central Valley.

Property profile

Verified
Property type Land
Lot 28.15 ac (1,226,214 SF)
UPID US09-3281244

Cap rate & NOI

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

Location

14533 Houston Ave Hanford, CA 93230
Hanford metro
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Value estimations

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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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